The Industrial Revolution, spanning the late 18th to early 19th centuries, stands as one of the most transformative periods in human history. Originating in Britain, this epochal shift saw the transition from hand-made production methods in small workshops to...
Hayek, Friedrich A. (1952). Individualism: True and False, https://economicslearning.net/economic/economics-foundations/economics-thinkers/f-a-hayek/individualism-true-and-false-f-a-hayek/ It is the contention that, by tracing the combined effects of individual...
The best place to learn and teach Economics.
Bitcoin - A Peer-to-Peer Electronic Cash SystemDownload
A lesson on understanding the Technology S-Curve
A discussion of the Myths the Cato Institute believes those “hostile to free markets” believe. Each one is studied to see what we can learn form it.
#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...
In his PDF Milton Friedman lays out his argument for why Government is the Problem. I disagree Friedman Claims that Government causes, deteriorating education, lawlessness and crime, homelessness, the collapse of family values, the crisis in medical...
Course Description Learning Objectives Participation Guidelines Class Structure LessonsReferencesDiscussonsImprove Communication Improve Your LifeLearn the Communication and Information Processing Skills needed to thrive in our "Hyper-Connected Digital World."Improve...
When one looks at the downward trend of Cable TV, it looks like a great example of “creative destruction.” This media evolution is a great deal for consumers and content creators alike. For more than a quarter-century, we’ve been hearing predictions about the demise...
A post on reason.com titled "Don't Confuse 'Local Control' with Small Government" provided several examples of what conservatives get wrong about progressives. The post was about how a conservative city Huntington Beach, is challenging the state's recent housing...
The fundamental question I often ask is, "What is the optimal role of Government?" And I usually use Building Codes as an example. I ask it this way, should the government "MANDATE" building codes? Or should we let the free market do its thing? Or should it be a...
I found this post on Bloomberg interesting. It supports the belief that having money is important for many reasons, including happiness. Having money takes worry out your life. It takes money to live so having it is important. Here is that post. We need to discuss...
Transcript of an interview with House Speaker Kevin McCarthy that aired Sunday, Jan. 29, 2023, on “Face the Nation.”
HIALEAH GARDENS, Fla. — Florida Gov. Ron DeSantis on Friday signed into law a controversial bill that critics said will drastically limit race education in schools.
According to the General Social Survey, the percentage of Americans, since 2000, saying they are "not too happy" has increased from 10% to 24%, and those saying they are "very happy" has decreased from 34% to 19%
Albert Einstein 1879–1955German-born theoretical physicist. Science without religion is lame, religion without science is blind. Science, Philosophy and Religion: a Symposium (1941) ch. 13 As far as the laws of mathematics refer to reality, they are not certain; and...
Remarks by President Biden on the Continued Battle for the Soul of the Natio
The presentation of the TIDAL Approach to Decision Making. The TIDAL approach is designed to mitigate the perceptual limitations caused by the way our brain works. Selective perception, confirmation bias, motivated reasoning, and cultural/linguistic biases are real things that affect our decision-making.
The third annual National Conservatism Conference was held Sept. 11-13, 2022. Here are 7 "Beliefs" as reported by the Daily Signal - 7 Highlights from National Conservatism Conference. Sen. Josh Hawley: ‘The American Revolution Is a Continuation of the Revolution of...
Using The Social Dilemma Transcript this lesson tries to understand the influences Social Media has on the community and what should we do about it. Updated March 27, 2023
Original PDF of Bitcoin – A Peer-to-Peer Electronic Cash System – Satoshi Nakamoto. This is intended to be a “Base 0” Learning Packet from this new Learning Packets can be built.
In a recent post, Cass Sunstein suggested that Behavior Economics somehow invalidates F. A. Hayek. I disagree. Using Fractal Thinking, Behavior Economics is perfectly aligned with Hayek and other important economic thinkers like Adam Smith....
This lesson on the Schools of Economic Thought is additive to the Class on Economic Schools of Thought and helps us make better predictions.
FoundationalTBDTBDTBDFoundational ClassesThis class presents the past, present, and future Economics Schools of Thought. Includes, in-depth lessons on Capitalism and Libertarianism.This class demonstrates how the best way to model economics and politics is through...
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...
Libertarianism is identified as a political philosophy by its commitment to strong rights of private property, free markets, and strictly limited government. Though this is true to a certain extent of all libertarians, it is most clearly and consistently true of...
Understanding the S-Curve is critical to predicting the future.
Creating a Federal Minimum Wage is a Bad Idea for a number of reasons. There is nothing "necessarily" wrong with a community setting a minimum wage. But that minimum wage must be voluntary and limited to that single community. The Congressional Budget Office released...
Is America destined to become like California? Twitter CEO Jack Dorsey created a stir recently when he tweeted out an article calling for an end to bipartisanship and the beginning of nationwide, one-party rule—similar to the Golden State. He called it a “great read.”...
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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...
Conservatives often regard any community provided "safety net" as either morally illegitimate or economically destructive. This lesson will examine why opposition to any safety net is the default Conservative position, and why some Conservatives don't believe this is...
Understanding Economics One of the earliest recorded economic thinkers was the 8th-century B.C. Greek farmer/poet Hesiod, who wrote that labor, materials, and time needed to be allocated efficiently to overcome scarcity. But the founding of modern Western economics...
Carl Menger: The Founder of the Austrian School (1840-1921) "All things are subject to the law of cause and effect. This great principle knows no exception." INTRODUCTION Despite the many illustrious forerunners in its six-hundred year prehistory, Carl Menger...
The question is: Should wealth be limited? The post below raises some important points. Do Billionaires Destroy Democracy and Capitalism? The U.S. simply needs to look back at history, to our Gilded Age, to see what can be done to curb wealth growth. < By Philip...
The question is: Should how much money one has make a difference? The post below raises some important points. Do Billionaires Destroy Democracy and Capitalism? The U.S. simply needs to look back at history, to our Gilded Age, to see what can be done to curb...
The Greeks, The Romans, and the Founding Fathers This is important and we need to learn about this more. What America Owes to the Greeks and Romans FIRST PRINCIPLES What America’s Founders Learned From the Greeks and Romans and How That Shaped Our Country By Thomas E....
The Czechs and the Swedes – the tale of two Covid-strategies This is the number of new daily deaths from/with Covid-19 in Sweden and the Czech Republic. Source: Here. The two countries are similar in many ways – the population is just over 10 million in both...
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....
Senate Intel Panel Finds ‘Absolutely No Evidence’ of Collusion, Faced Roadblocks The Senate Intelligence Committee said in a long-awaited report released Tuesday that there is no evidence that the Trump campaign conspired with the Russian government to influence the...
Takeaways From the Senate Committee Report on Russian Interference Senators divided along party lines about whether to conclude that the Trump campaign coordinated with the Kremlin’s election sabotage operations. Democrats and Republicans could not agree on whether...
“It must be remembered that there is nothing more difficult to plan, more doubtful of success, nor more dangerous to manage than a new system. For the initiator has the enmity of all who would profit by the preservation of the old institution and merely lukewarm...
The autocrat problem Prime Minister Viktor Orban of Hungary has used the coronavirus crisis as an excuse to further centralize authority. The European Union seems to be functioning better than the United States in some big ways right now. Europe has been far more...
Nock and Mencken on Democracy and Equality Albert Jay Nock (1870–1945) and Henry L. Mencken (1880–1956) were the two leading libertarian intellectuals of the Old Right, during the thirties of the twentieth century. Both defended laissez-faire but opposed the New Deal,...
Hayek on Health Care and Other Social Safety Nets This lesson is on how Hayek views Health Care and other Social Safety Nets. The following passage is taken from The Road to Serfdom, Text and Documents, The Definitive Edition, by F. A. Hayek, edited by Bruce Caldwell,...
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...
[pdf-embedder url="https://atlantisschoolofcommunication.org/wp-content/uploads/2020/02/HarpersMagazine-The-Origins-of-Speech.pdf" title="HarpersMagazine-The Origins of Speech"] The Origins of Speech In the beginning, was Chomsky by Tom Wolfe Nobody in academia had...
Louder than words: The new science of how the mind makes meaning. By Benjamin K. Bergen. New York: Basic Books, 2012. Pp. 312. ISBN 9780465028290. $27.99 Imagine that you are a participant in the following psycholinguistic experiment. You are seated in front of a...
Lesson on Federalist Paper #10. What are Factions and why are they important. Madison lays out a great strategy to achieve political stability.
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...
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https://fee.org/articles/61-quick-facts-and-observations-on-socialism-jesus-and-wealth/?utm_source=email&utm_medium=email&utm_campaign=2020_FEEDaily 61 Quick Facts and Observations on Socialism, Jesus, and Wealth Was Jesus of Nazareth truly a socialist? An...
It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own self-interest. We address ourselves not to their humanity but to their self-love, and never talk to them of our own necessities, but...
Why Libertarian Economies is the Best Economics This course articulates the benefits of Libertarian Economics. It describes how freedom and the market empower us to achieve economic and social progress for all people. It does this through the exploration of three...
This is not a dispute about whether planning is to be done or not. It is a dispute as to whether planning is to be done centrally, by one authority for the whole economic system, or is to be divided among many individuals. From The Use of Knowledge in Society.
Ludig von Mises
Aggregate demand is an economic measurement of the total amount of demand for all finished goods and services produced in an economy. Aggregate demand is expressed as the total amount of money exchanged for those goods and services at a specific price level and point...
People who appreciate the beauty of mathematics activate the same part of their brain when they look at aesthetically pleasing formula as others do when appreciating art or music, suggesting that there is a neurobiological basis to beauty. There are many different...
Fractal Politics The evolution of digital technologies and the evolution of contemporary society and politics have facilitated fractal thinking. It is fairly obvious that technology innovations can facilitate cultural and political innovations, which in-turn...
Twelve Economic Concepts Everyone Should Know 1. Gains from trade: In any economic exchange, freely chosen, both parties benefit–at least in their own minds. 2. Subjective value: The value of any good or service is determined by the individual human mind....
Quarantine Fatigue Instead of an all-or-nothing approach to risk prevention, Americans need a manual on how to have a life in a pandemic. In the earliest years of the HIV epidemic, confusion and fear reigned. AIDS was still known as the “gay plague.” To the extent...
From An Inquiry into the Nature and Causes of the Wealth of Nations, Book IV, Chap. 2 by Adam Smith. By preferring the support of domestic to that of foreign industry, he intends only his own security; and by directing that industry in such a manner as its produce...
He says Ford proved that higher wages led to more productivity, which in turn was good for business. That positive feedback loop gave rise to a broad, prosperous middle class. But over the years, waves of economic pressures and political changes have broken that link....
“The uniform, constant and uninterrupted effort of every man to better his condition … is frequently powerful enough to maintain the natural progress of things toward improvement, in spite both of the extravagance of government, and of the greatest errors of...
This essay by Matt Zwolinski provides a strong argument for a Hayekian Case for Free Markets how they fit into a stable economic system.
Individual decision making can often be wrong due to misinformation, impulses, or biases. Collective decision making, on the other hand, can be surprisingly accurate. In this class, we look at the very factors behind the superiority of collective decision making add...
A Timeline of the Coronavirus Pandemic The outbreak of the virus, which began in Wuhan, China, has sickened more than a million people. At least 120,000 people have died. A group of healthcare workers prepare at a testing site in Tampa, Fla. The World Health...
Some of Hayek’s biggest ideas including the Use of Knowledge in Society, The Road to Serfdom, and Individualism: True or False.
The Cognitive Science of Free Will How to make the best decisions is one of the "Key Questions" the @lantis Learning Community is interested in. This lesson is focused on how the brain constrains our decision making by fooling us about Free Will One of the main...
“No human wisdom or knowledge could ever be sufficient [for] the duty of superintending the industry of private people..." “[Governments are] ...without exception, the greatest spendthrifts in the society.” “The agents of [government] regard the wealth of their master...
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...
Ernst Friedrich Schumacher (16 August 1911 – 4 September 1977) was a German-British statistician and economist who is best known for his proposals for human-scale, decentralised and appropriate technologies.[1] He served as Chief Economic Advisor to the British...
This is an evergreen list of important economic thinkers. This list is dynamic and represents the important voices we need to study.
The new discipline of network neuroscience yields a picture of how mental activity arises from carefully orchestrated interactions among different brain areas. Networks pervade our lives. Every day we use intricate networks of roads, railways, maritime routes and...
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Foundational Economics End Game Decision Making The Science of Economics Terms Macro-Economics Micro-Economics Scarcity Opportunity Cost Incentives Resouces Wants Exchange and Trade Pricing Information Rent Seeking Money Supply Inflation Property Supply and Demand...
The important Authors we think are important.
Scarcity Productive resources are limited. Therefore, people can not have all the goods and services they want; as a result, they must choose some things and give up others. Students will be able to use this knowledge to: Identify what they gain and what they give up...
Libertarianism Like any school of thought, there is not one thing called "libertarianism." We need to report the beliefs of Libertarianism in terms of the quantity of those that self-identify as Libertarian. Although there is much disagreement about the details,...
The Condensed Wealth of Nations and The Incredibly Condensed Theory of Moral Sentiments Eamonn Butler Contents 1 Introduction 4 2 The Condensed Wealth of Nations 7Book I: Economic efficiency and the factors of production 9Book II: The accumulation of...
History of Economic Thought
What Is Economics? Introduction Economics is a way we can measure our choices. We make all kinds of choices every day. How much should I spend on gas? What’s the best route to work? Where should we go for dinner? Which job or career should I go for? What are the pros...
Microeconomics vs. Macroeconomics: An Overview Economics is divided into two different categories: microeconomics and macroeconomics. Microeconomics is the study of individuals and business decisions, while macroeconomics looks at the behavior of the economy as a...