Acton Institute Powerblog Archives

Post Tagged 'subjective value'

An economist’s Christmas: Is gift-giving wasteful?

During a season such as Christmas, where hyper-consumerism and hyper-generosity converge in strange and mysterious ways, it’s a question worth asking: How much of our gift-giving is inefficient and wasteful? For some, it’s a buzz-kill question worthy of Ebenezer Scrooge. Continue Reading...

Trade as a Solution for Bickering Toddlers

If you’ve raised multiple children, you’ve dealt with sibling bickering, particularly if said children are close in age. With a three-year-old boy and a two-year-old girl, both just 13 months apart, our family has suddenly reached a stage where sibling play can be either wholly endearing or down-right frightening. Continue Reading...