New Jersey Council for Economic Education |

17 Jul Cuba’s Uprising and the Social Change that Caught the Dictatorship by Surprise

Posted at 07:49h in Voluntary Exchange Sources by one80Admin

Ian Vásquez Last December I wrote an op‐ed (in Spanish) titled “Losing Fear in Cuba” pointing to what appeared to be a significant, new development: ordinary Cubans were becoming unafraid to publicly protest the communist regime. The mass uprising across the country this week in which Cubans shouted,...

17 Jul CNN Just Perfectly Explained How Inflation Hurts the Working Class. But They Left Out the Most Important Part

Posted at 07:49h in Voluntary Exchange Sources by one80Admin

A broken clock is still right twice a day. And even CNN stumbles onto an accurate interpretation of the news once in a while. On New Day this morning, hosts John Berman and Christine Roman broke down the latest data showing spikes in consumer prices with...

17 Jul Can Bitcoin Become the World’s Money? A Soho Forum Debate

Posted at 07:47h in Voluntary Exchange Sources by one80Admin

Financial consultant John Vallis vs. George Mason University economist Lawrence H. White------------------Subscribe to our YouTube channel: https://www.youtube.com/ReasonTV?sub_confirmation=1Like us on Facebook: https://ift.tt/1OFng0MFollow us on Twitter: https://twitter.com/reasonReason is the planet's leading source of news, politics, and culture from a libertarian perspective. Go to reason.com for a point...

17 Jul The Protests In Cuba Tell a Much Bigger Global Story

Posted at 07:45h in Voluntary Exchange Sources by one80Admin

“Videos posted on social media showed security agents and groups of soldiers beating up demonstrators on Sunday. Protesters ripped up portraits of Fidel Castro, while others destroyed police motorbikes and overturned police cars.” Those are the words of Wall Street Journal reporters Jose de Cordoba and Santiago...

17 Jul Biden’s Executive Order on Competition

Posted at 07:45h in Voluntary Exchange Sources by one80Admin

Recently the Wall Street Journal stated that President Biden’s July 9 executive order on competition is a “sweeping proposal to spur competition.” That raises an important question: how can a government spur competition? Economics has a lot to say about that question. The major way,...

17 Jul Is Jeff Bezos Smaug the Dragon? | Dan Sanchez

Posted at 07:22h in Uncategorized by one80Admin

Are billionaires human dragons? That was the hot take of one person on Twitter: And look how many people agreed with her! 43 thousand retweets and 150 thousand likes when this screenshot was taken. So what does that make Amazon CEO Jeff Bezos? Is the richest man...

17 Jul How Mass Immigration Stopped American Socialism

Posted at 07:19h in Uncategorized by one80Admin

For centuries, Americans have worried that immigrants could overwhelm and negatively alter economic and political institutions in the United States. In 1783, at the end of the American War of Independence, even Thomas Jefferson had misgivings about too rapid an influx of immigrants, writing that...

15 Jul My podcast with James Altucher

Posted at 22:58h in Voluntary Exchange Sources by one80Admin

The future of crypto, cities, and inflation: "I don't think of crypto as a currency. I think of it as a new set of institutions." – @tylercowen.Listen to the full episode here: https://t.co/0DyOOSHCaB.#cryptocurrencies #Crypto #Ethereum #bitcoin #btc #NYC pic.twitter.com/ytBDfY59LX — James Altucher (@jaltucher) July 9, 2021 The...

15 Jul What Is the Purpose of the Economy? Carl Menger Explains.

Posted at 22:57h in Voluntary Exchange Sources by one80Admin

This second part of the series about the Principles of Economics treats Menger’s exposition of the economy. In continuation of the first part, which covered the general concept of goods, the part on the economy treats the role of economic goods in relation to human wants. Based...

15 Jul The Depression of 1920-1921: Why Historians—and Economists—Often Overlook It

Posted at 16:09h in Voluntary Exchange Sources by one80Admin

In July 1921, the United States emerged from a depression. Though the economic statistics of the time were rudimentary by modern standards, the numbers confirm that it had been bad. By one estimate, output fell by 8.7 percent in real terms. (For comparison, output fell by...

Author: one80Admin