Browsing: Econlib

After renting for my entire adult life, I decided to buy my own home.  At the end of the summer,…

Earlier this week, I posed the following problem in price theory. The government imposes a binding price ceiling on oranges.…

Today, I continue on the previously explored theme on how economics can create reactions others might find as odd. In…

I really enjoyed Scott Sumner’s recent post about how people are bad at understanding coincidences. There are many reasons why…

According to the IMF, America’s GDP per capita (in PPP terms) is 35.6% higher than in Canada. In a recent…

A year ago, I had this to say: The progressive left will never be able to achieve their dream…

I know of a young man who is mentally handicapped. He aspires for a job as a dishwasher in a…

On June 17, Treasury Secretary Scott Bessent tweeted: Recent reporting projects that stablecoins could grow into a $3.7 trillion market…

When I was in high school (approximately 730 years ago, or so it feels these days) I first learned basic…

The human brain seems wired to notice patterns.  This presumably has some evolutionary advantages, but this attribute can lead us…