Tag: Econlib
EconLog Price Theory: Fentanyl – Econlib
We're reviving the conversation around price theory with our engaging series on related problems, hosted by Professor Bryan…
Price Controls on Oranges – Econlib
At the beginning of this week, I presented a conundrum involving price theory. Imagine the government enacting a…
Home Economics – Econlib
After spending my entire adult life as a renter, I've made the leap into homeownership. By the end…
Untenable Tenant Anger – Econlib
Today, I would like to revisit a theme I previously explored: the peculiar ways economics can evoke unexpected…
Selective Coincidences – Econlib
I found Scott Sumner’s recent exploration of our misconceptions regarding coincidences both enlightening and amusing. Our tendency to…
GDP and Living Standards – Econlib
Understanding the GDP Gap: The Illusion of American Superiority The International Monetary Fund (IMF) reports that the GDP…
Deep Reading with Rousseau – Econlib
In this enlightening episode of EconTalk, host Russ Roberts welcomes back philosopher and professor Leon Kass for a…
Tariffs Foreshadow a VAT? – Econlib
A year ago, I expressed my thoughts in this piece: The progressive left's aspirations for a European-style welfare…
Minimum Wage Misery – Econlib
Consider the case of a young man with intellectual disabilities who dreams of securing a job—whether as a…
Just a Coincidence? – Econlib
Human beings have an innate tendency to recognize patterns, a trait that has likely provided evolutionary benefits throughout…
Identities and Causation – Econlib
Understanding the Limits of Mathematical Relationships in Economics Reflecting on my high school days (which feels like an…
An Econ 101 Error – Econlib
On June 17, Treasury Secretary Scott Bessent tweeted: Recent reports indicate that stablecoins could burgeon into a $3.7…