Browsing: Econlib

With all the discussion of free trade, tariffs, and non-tariff barriers, I decided to pick up and quickly skim a…

A deal is an agreement to exchange something for some consideration, but different sorts of deals exist. A deal is…

We’re bringing back price theory with our series on Price Theory problems with Professor Bryan Cutsinger. You can see all…

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…