Tag: Economic Thinking

Choice is full of uncertainty. Every time we make a choice we are making a bet over a particular set of outcomes which we can predict. Sometimes we...

Why is there a new wave of COVID-19 growing across Europe? Here in the United States, we finally got some good news; we have more vaccines than people...

When we last discussed the topic of “sunk costs,” you might have thought that this is too good to be true. We discussed how stewardship requires that we...

Don’t be wasteful. Recycle. Eat all the food off your plate because there are starving kids in Africa who wish they had that food. All our lives we...

The Daily Currant once reported that Paul Krugman, an American economist famous for recommending Keynesian economic policy, ironically found himself in a personal financial crisis: Economist and columnist...

Whether you liked economics class in school or not, if you want to be a good steward of God’s resources, you need to think like an economist. Maximizing...

We recently discussed some of the most commonly cited potential causes of the recent rise in income and wealth inequality. I concluded that article with the comment that...

“Inequality” is one of the buzziest of buzzwords in the Western world today, and not without good reason. Income and wealth inequality are currently as high as they...

Ottawa, KS is a nice place to live. It has friendly people, a charming downtown, and access to big city amenities, since the Kansas City suburbs are only...

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