“I don’t care who writes a nation’s laws — or crafts its advanced treatises — if I can write its economics textbooks.” — Paul A. Samuelson What is the socially optimal amount of pollution in the ...

"Basic Economics" is a 653-page book, not including the index. One doesn't have to start reading it at the beginning. Near the book's end, there's a section titled "Questions," and it points the ...

The costs of the COVID-19 crisis come in two primary forms. The first is the direct impact in terms of health and lives lost. The second is the indirect impact that comes from efforts by individuals, ...

Chris House has a somewhat odd post in which he argues that unlike in most other academic disciplines, in economics the facts have a conservative bias: I suspect that the relatively high proportion of ...

Kamala Harris claims she has a plan to solve the crisis she helped cause: inflation. Under former President Trump, the inflation rate averaged 1.9%. It skyrocketed to 9.1% in 18 months under Joe Biden ...

A surprising eight out of 10 12th graders understand basic economics concepts, according to a national study released on Wednesday. “Given the number of students who finish high school with limited ...

The simplest way to understand economics is that it is a reckoning with unavoidable tradeoffs. If you spend money on something, you may obtain something in return—but you lose the ability to use those ...

Purchasers of Black-Market Human Organs Often Complicit in Murder Audio By Carbonatix When it comes to the scourge of “price-gouging,” Kamala Harris is on an island. Save the usual suspects such as ...