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April 18, 2017

5 Facts about taxes and tax day

Because of a quirk of the calendar, today (April 18) is tax day, the day when individual income tax returns are due to the federal government. Here are five facts you should know about taxes and tax day: 1. Continue Reading...
April 18, 2017

Why do governments enact price controls?

Note: This is post #29 in a weekly video series on basic microeconomics. If price controls have negative consequences—and they do—then why do governments enact them? In this video by Marginal Revolution University, economist Alex Tabarrok looks at the example of President Nixon’s wage and price controls in the 1970s. Continue Reading...
April 17, 2017

Hades is a bad economist

  This Sunday Christians all over the world (East and West together this year!) celebrated Easter or Pascha, the feast of the Resurrection of Jesus Christ, the holiest day of the liturgical year, the beginning of a festive season that lasts for the next forty days. Continue Reading...