Many people believe that the board game Monopoly, developed during the Great Depression, mimics a real-world capitalist economy. Monopoly is a game,
Young people often get their first jobs in fast food or in some sort of retail customer service. Young and not so
It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider
Can a government regulatory system be reformed? In a word, no. The free market is always the best regulator of quality and
When I was at the university, I once objected to a classmate’s lazy use of “public goods.” He had used it to
Despite what many elites believe, AI can do many things, but it cannot successfully plan an economy. It lacks the intelligence of
While progressives blame climate change for the deadly Lahaina fire, government created the conditions for the blaze and then helped set it. Original Article:
Contrary to the government's line that "inflation hurts everyone," inflation really is a wealth transfer from those without political power to the
In this week's episode, Mark looks at PPI—the Producer Price Index—which provides evidence of the costs for suppliers in various industries, macroeconomic
Our country is beset by a large number of economic myths that distort public thinking on important problems and lead us to
