One beauty of economics — the study of how human beings use scarce resources — is that its basic principles apply to life even if money is not involved. Opportunity cost, externalities, sunk costs, ...
Journal Editorial Report: The week's best and worst from Kim Strassel, Jason Riley and Dan Henninger. Images: AFP/Getty Images/ABC/MSNBC/Zuma Press/Shutterstock Composite: Mark Kelly Vladimir Putin’s ...
In this article, we will outline some of the best resources for learning about why failing economic practices led to the invention of bitcoin, by exploring first principles of economics, through the ...
As has been said here before, the most important line in Henry Hazlitt’s Economics In One Lesson has rarely, if ever, been referenced. Hazlitt wrote, “What is harmful or disastrous for an individual ...
There may be no better education about the uses and abuses of money than simply being alive right now. Inflation? Recession? Investment risks and opportunities? Supply chain disruptions? Regulatory ...
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