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Cooperation

A collection of 17 issues

Economics East of Eden

In the Christian story, living “east of Eden” means living in a world marred by sin. Our repeated “missing of the mark” means we don’t love the Lord with all our hearts, minds, souls, and strength. And we don’t love our neighbors as ourselves. What are the implications

Kids These Days

From a survey of American high-schoolers, as reported by the Wall Street Journal: 💡"Asked about their attitudes toward free enterprise, 82 percent said they did not believe that there was business competition in the United States; 60 percent said owners received too much profit; 76 percent believed owners got

Intentions Don't Guarantee Outcomes

According to the great Pete Boettke, it is an (intellectually) "immature mode of reasoning" to explain social outcomes by appealing to "bad people doing bad things, and good people doing good things." That's not economics. It's not even analysis at all. The

#FreeBookFriday: More Foundations of Mere Economics

Last week, Art posted some links to free books that form the foundations of our thinking in Mere Economics. In that spirit, here are a few more. Frederic Bastiat, Economic Sophisms. The book is a "pre-refutation" of the current embrace of protectionism. No economist wrote with as much

How Paris Gets Fed

The central question of economics is "how Paris gets fed," that is how billions of people cooperate on a global scale to procure food, clothing, and shelter, not to mention a whole lot more. Ever since Frederic Bastiat posed this thought experiment, food–and the marvel of the

Learn the Economic Point of View

Over at Shepherd, I offer my take on the five best books to learn the economic point of view. Here they are: Read the post for my reasoning. What would you add?

How Markets Work

If life is going to be something other than "solitary, poor, nasty, brutish, and short," we need each other. The way we harness one another's unique talents, knowledge, and perspectives is through markets. Here's a hypothetical course that introduces students to the economic point