We have talked about the economic concept of comparative advantage and that ultimately we are better stewards of our gifts, strengths and resources when we hone in on...
Peter Boettke of George Mason University, my graduate school professor and mentor, used to talk about Michael Jordan a lot in his lectures. He said, unabashedly, that Michael...
Our ongoing discussion has focused on the importance of understanding economic principles to better understand a holistic definition of stewardship. Our recent foray into understanding prices and their...
Previously we have talked about how knowledge is held in a world of scarcity. Knowledge is personally held and individually known, meaning that while people know different things,...
One of the most profound insights of twentieth century economists was that of how knowledge is held in a society and what we do about it. Nobel laureate,...
The notion of value is one of the aspects of economic thinking that gets a lot of discussion and is often misunderstood. How is it derived? Who determines...
Economists use some terminology that seems unfamiliar and often scares people away from wanting to learn more. I’ve experienced this most in the classroom, having to deal with...
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