Link of the day: Congress can give every American a pony This piece from the LA Times gives an entertaining introduction to some of the…
Tag: Economics
The Tale of the Two Monopolies
Monopoly is an extremely successful board game. Both from a popularity standpoint as well as an economic one. Which is somewhat ironic, as Monopoly was…
Thursday, 13.02.2020 – How Climate Change Harms The Fossil Fuel Industry
Link of the day: Energy Markets Need Winter, and Climate Change Is Taking It Away Oh the irony. The global fossil fuel industry relies heavily…
Thursday, 16.11.2020 – Is Inequality Inevitable?
Link of the day: Is Inequality Inevitable? This is a very interesting piece. The authors model different wealth distributions as the result of countless single…
Monday, 13.01.2020 – A positive Account of Property Rights
Link of the day: A positive Account of Property Rights In this essay, Anarchocapitalist David Friedman derives property rights in a Hobbesian state not as…
Does Christmas Harm the Economy?
Every year, billions of dollars get spent on Christmas presents. But, economists argue, this does not increase the overall amount of spending, it just shifts…