May 18, 2017
May 17, 2017
Understanding the President’s Cabinet: Vice President
May 16, 2017
Should Martha Stewart iron her own shirts?
Note: This is post #33 in a weekly video series on basic microeconomics.
Comparative advantage explains why people trade and what goods they should trade. To illustrate the concept of comparative advantage, Marginal Revolution University’s Alex Tabarrok asks, “Should Martha Stewart iron her own shirts?” Continue Reading...
May 10, 2017
Understanding the President’s Cabinet: Attorney General
May 09, 2017
What is comparative advantage?
May 05, 2017
Unemployment as economic-spiritual indicator — April 2017 report
May 04, 2017
Explainer: What you should know about Puerto Rico’s ‘Bankruptcy’
May 03, 2017
Understanding the President’s Cabinet: Homeland Security Secretary
May 02, 2017
The big ideas of trade
Note: This is post #31 in a weekly video series on basic microeconomics.
Trade makes people better off, but how? In this video economist Tyler Cowen discuss the importance of specialization and division of knowledge, and how specialization leads to improvements in knowledge, which then lead to improvements in productivity. Continue Reading...
April 27, 2017