Economics

Economics

Does ‘Science’ Prove Mises Wrong on Socialism? - FEE
Does ‘Science’ Prove Mises Wrong on Socialism? - FEE
Most Americans have been taught their whole lives that the USSR was hell on earth, but how are they to react when they’re given sources that say things like how CIA data shows that Soviet citizens lived better lives than Americans or that the Soviet Union abolished homelessness? These claims are obviously false, but skeptics of capitalism and America writ large find them enticing.
derek68·fee.org·
Does ‘Science’ Prove Mises Wrong on Socialism? - FEE
California’s $20 minimum wage is killing thousands of jobs - Washington Examiner
California’s $20 minimum wage is killing thousands of jobs - Washington Examiner
For eight years, Michael Ojeda delivered food for a Pizza Hut in Ontario, California, using the income he received to support his family. In December, the 29-year-old received a letter from the pizza franchise informing him that his employment was being terminated in February. The news shook him. “Pizza Hut was my career for nearly
derek68·washingtonexaminer.com·
California’s $20 minimum wage is killing thousands of jobs - Washington Examiner
Min Choi on Twitter / X
Min Choi on Twitter / X
🚨Deepfakes are getting too real in an election year.Don't believe everything you see🤯7 wild examples you cannot miss:1. AI-generated Barack Obama has a message for youpic.twitter.com/eOjm4akI9S— Min Choi (@minchoi) March 28, 2024
derek68·x.com·
Min Choi on Twitter / X
Interactive: Unintended Consequences - Blog
Interactive: Unintended Consequences - Blog
According to science, for every action there is an equal and opposite reaction. Is that also true in our economy? When policymakers and other leaders are faced with decisions, it's often easy to think something along the lines of "just do something!" But when policy is enacted to help achieve a certain outcome, it's possible that there might be unintended consequences. This interactive game from Marginal Revolution University will demonstrate to students when taking action to solve a problem, you also have to think about what ripple effect that action might have.
derek68·ngpf.org·
Interactive: Unintended Consequences - Blog
What Is Scarcity, Really? - FEE
What Is Scarcity, Really? - FEE
The word “scarcity” is used to mean multiple things. Distinguishing these different uses can help us think more clearly about economic issues.
derek68·fee.org·
What Is Scarcity, Really? - FEE
Capitalism Is Not Just about Stuff
Capitalism Is Not Just about Stuff
There’s a common perception that economics is about material prosperity. That’s certainly part of it, but it’s also about creating a better world where people can thrive.
derek68·fee.org·
Capitalism Is Not Just about Stuff