#1 - Non-aggression principle and victimless crimes “How would a libertarian society address drug addiction, public services, caring for the poor, or reckless businesses? #2 - Free-market economics - libertarians prefer laissez-faire capitalism over government...
This lesson on the Schools of Economic Thought is additive to the Class on Economic Schools of Thought and helps us make better predictions.
What Is Behavioral Economics? Behavioral economics is, in a way, at the intersection of economics and psychology. In fact, the "behavioral" in behavioral economics can be thought of as the analog of the "behavioral" in behavioral psychology. On one hand, traditional...
Fractal Economics is giving economics its “Copernican Moment.” Before Copernicus, it was widely believed that everything – including the Sun – revolved around the Earth, rather than the Earth revolving around the Sun. Everyone used Ptolemy’s description of the...
Understanding Libertarian Morality: The Psychological Dispositions of Self-Identified Libertarians https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0042366#authcontrib Abstract Libertarians are an increasingly prominent ideological group in U.S....
Frank S. Meyer: The Fusionist as Libertarian Until a few years ago, the conservative spectrum could be comfortably sundered into the "traditionalists" at one pole, the "libertarians" at the other, and the "fusionists" as either judicious synthesizers or muddled...
Fundamentals Of Fractal Markets Theory< In the wake of the 2008 financial crisis, many have challenged the dominant economic theories and perspectives on markets. The Efficient Market Hypothesis (EMH) in particular has fallen short in explaining the crisis. According...
The activities for Economics in One Day are developed around the themes of Leonard E. Read’s classic essay, ‘‘I, Pencil.’’ ARTICLE: I, Pencil: My Family Tree - Leonard Reed (FEE.org) [http://at.fee.org/1yAq6Jf] ‘‘Not a single person in the world knows all the...
Fractal Politics “The rise of fractal politics” was first submitted to the Nine Dots Prize in response to the question, “Are digital technologies making politics impossible?” The essay was written as a thought piece prior to the announcement of the 2017 UK General...
Posted: Apr 03, 2018 12:01 AM The opinions expressed by columnists are their own and do not represent the views of Townhall.com. Is it possible that Donald Trump is winning on trade? Last week, Trump apparently delivered two underappreciated victories as a result of...
Tweet A convenience store in Tennessee is featuring a scrolling digital sign outside the gas station offering $50,000 for Kathy Griffin’s head. Lewis Country Store’s Facebook page is littered with controversial messages in an attempt to garner attention. The store’s...