Mises.org Economics for Beginners: “All you need to know about economics in 30 minutes.” Animated videos and short explanations of fundamentals of economics from the perspective of the Austrian school.
There is a Rich Man and a Poor Man. The Rich Man makes $1,000 per day. The poor man makes $10 per day. The difference in their income is $990 per day. The Rich Man builds a factory. He gives the poor man a job there. Now the poor man […]
Thomas Sowell: Common Sense in a Senseless World Thomas Sowell classic educational economics video – Common Sense in a Senseless World. Source: Free To Choose Media
Mises Wiki is a wiki project dedicated to the advancement of the Austrian School of Economics and related thought. Sponsored by the Ludwig von Mises Institute and founded on 5 November 2010, the repository now has 2,013 articles. We are always looking for more contributors – to begin, you can […]
https://www.deepcapture.com/the-story-of-deep-capture-by-mark-mitchell/ The crimes are the work of Wall Street hedge fund managers and brokers who engage in a common trading strategy known as short-selling. A short sale is a way of making money when the price of a stock goes down. You borrow shares from someone else and immediately sell […]
https://www.fooledbyrandomness.com/ Author of the INCERTO a philosophical and practical essay on uncertainty (Skin In the Game, Antifragile, The Black Swan, Fooled by Randomness, and The Bed of Procrustes), a (so far) 5-volume”investigation of opacity, luck, uncertainty, probability, human error, risk,and decision making when we don’t understand the world, expressed in […]
Source: ‘Venezuela Runs Out of Toilet Paper, Acheives True Socialism’ by David Boaz for CATO/FEE In 1990 I went to a Cato Institute conference in what was then still the Soviet Union. We were told to bring our own toilet paper, which was in fact useful advice. Now, […]
Chart shows the purchasing power of the US Dollar over time. Purchasing power has decreased due in part to inflation and Federal Reserve money printing.
https://mises.org/library/bastiat-collection As Murray N. Rothbard noted: “Bastiat was indeed a lucid and superb writer, whose brilliant and witty essays and fables to this day are remarkable and devastating demolitions of protectionism and of all forms of government subsidy and control. He was a truly scintillating advocate of an untrammeled free […]
https://howmuch.net/ HowMuch.net was born with one mission: “Understanding Money.” We create unique, beautiful, compelling, and easy-to-understand guides and visualizations to help people make better financial decisions. By turning complicated economic & financial matters into digestible visuals accompanied by insightful articles, we help people become better informed about financial facts that […]
Source: https://mises.org/ The Mises Institute, founded in 1982, is an educational institution devoted to advancing Austrian economics, freedom, and peace in the classical-liberal tradition. For over 30 years the Mises Institute has provided both scholars and laymen with resources to broaden their understanding of the economic school of thought […]
https://en.wikipedia.org/wiki/Goodhart%27s_law Goodhart’s law is an adage named after economist Charles Goodhart, which has been phrased by Marilyn Strathern as “When a measure becomes a target, it ceases to be a good measure.” One way in which this can occur is individuals trying to anticipate the effect of a policy and […]