Economics

Bryan Caplan’s new book, Selfish Reasons to Have More Kids, (which he blogged about for us here and here) has people talking about happiness and kids, again. Over at Cato Unbound, my better half Betsey Stevenson takes Bryan to task on some of his claims. It’s worth reading the full essay. Jeff Ely at Cheap Talk says you should take note of her views on the distinction between happiness and utility. Instead, I want to highlight an insight that comes from thinking through a formal framework:

People with student loans who participate in financial education programs become better financial managers, building personal wealth after college, University of Illinois researchers found in a recent study.

Adam Carroll talks about his $10,000 Monopoly game with his kids and how to teach finance management in a cashless society. Adam Carroll is quickly being rec...

The Index Card Final Reflection

Bingo Cards

The rarest pleasure is having things exactly how you’d prefer to have them.

The government suspended the Jones Act last week, to allow non-US ships to move fuel to victims of hurricanes in Houston and Florida. Which once again made us wonder why the act even exists.

The "winners" and "losers" in a trade war.

Current Topic: Trade & Specialization Previous Topics Connected: opportunity cost Future Topics Foreshadowed: economic growth, savings and investment News Article: “Commentary: Tariffs aim at reducing big deficit with China” Article Link: https://mru.io/comme32a4b Description: A commentator fo...

Global demand for beef, chicken, and pork continues to rise. So do concerns about environmental and other costs. Will reconciling these two forces be possible — or, even better, Impossible™?

This Intro to Economics Lesson Plan introduces students to the concept of scarcity and what impact it has on the economy. Students will be asked to explore scarcity within the country as well as within their own personal life. This hands on lesson plan allows students to see the reality of scarcity and how it make impact everyone, including the individual.

A new survey from Piper Jaffray shows that a lot of people would simply eat price increases from Netflix. Compared to past surveys, this shows the service's perceived value is growing.

The #1 financial literacy curriculum used by 30,000 teachers reaching over 2 million students. Free personal finance activities and lesson plans for middle and high schools, plus daily professional development for teachers -- also free

Edpuzzle video lesson. Make any video your lesson. Take a video and crop it, add your voice or embed questions at any point.

NGPF Activity Bank Taxes Teacher Support Teacher Tip Video Virtual Adaptation Ideas MOVE: Your Tax Dollar in Action Teacher Support Using this Activity in Class The objective of this activity is to teach students how their federal tax dollars are spent using a fun, out-of-their seats, wh...

Learn how parents, grandparents and other family members can jumpstart their children's retirement.

Both traditional IRAs and Roth IRAs can be opened for kids of any age, and the benefits range from the savings themselves to learning about money.

Fact Check Finance: Apple claims its contactless payment method, Apple Pay, is safer than using your credit or debit card. Is it?

“CONSUMER THEORY” ACTIVITY DETAILS (IN CLASS) LESSON START-UP: Re-cap of homework video content... We know that no two consumers are alike – they all have different tastes & preferences, different budgets, etc. – so how can we say that they all behave in the same way? Conduct an experiment in ...

For the questions below, refer to the following table showing Jenny's Total Utility from eating pizza.

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As with a lot of developing countries (and developed countries for that matter) there tends to be a reliance on a particular resource which can be to the detriment of its economy. Invariably if an …