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10 Hilarious Economic Lessons From South Park
South Park is known for pushing buttons and offending people as much as it is known for its hilarious social commentary. Often the show makes astute observations about social behavior or turns political or economics issues into comedic gold. Here are ten episodes that provide funny and insightful economic insight with links to where you…
Just what is Capitalism?
What is capitalism? According to many it is a system of exploit where the few and powerful will suck the rest of us dry. Or so the fascists, and communists, and all those who’d like to run your life would have you believe. Capitalism is economic freedom. It is the absence of regulation between two…
10 Reasons To Wait To Go To College
Last year I graduated from the University of Connecticut with honors, two majors, and list of accolades. I performed well in college and I believe a significant reason was that I did not enroll until I was 24 years old. While everyone is an individual, waiting to go to college is for many young people…
10 Times Inflation Destroyed Economies
As a result of the defeat in World War I, Germany had to pay reparations in gold or foreign currency, in annual installments of 2 billion goldmarks plus 26 percent of the value of Germany’s exports.
Regulatory Capture: Wolves Guarding Hen Houses
Regulatory Capture is a process by which regulatory agencies become dominated and directed by the corporations or special interests they are supposed to be regulating. It’s like putting the mafia in charge of writing regulations for bookmaking. Most generally associated with Nobel laureate George Stigler and postulated as an actual theory in the early 1970’s,…
5 Vital Economics Lessons Your Kids Won’t Get in School
While some schools are better than other, generally basic economic lessons are absent from public school curriculum. These are vital lessons needed to understand the world around them. Here are just five lessons I wish someone had taught me in school. 1. Prices Why do some things cost more than others? Why does the price…

