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Category: LAW & ECONOMICS

India’s Electricity Generation Plunges As Worst Economic Downturn In Decades Unfolds


LAW & ECONOMICS

Energy generation plummets. Brace for dark times in the months to follow.

June 2, 2020

[Video] The Stupidity of Price Controls


Austrian Economics, LAW & ECONOMICS, VIDEO

What are the effects of price controls? What happens when government impose maximum price or minimum price? Learn Austrian Economics in a fun way !

May 31, 2020

We Have Just Experienced What Life Without Markets is Like – Let’s Avoid That Going Forward


CULTURE, LAW & ECONOMICS, MONEY

Next time you are doing your job and have an opportunity to serve a client or colleague, recognize that you are benefiting their standard of living and be thankful for the opportunity to add value to someone else’s life.

May 28, 2020

Modern Economics Has Lost Its Way: It’s All About the “Unseen”


LAW & ECONOMICS

Frederic Bastiat famously distinguished good and bad economists by their ability (and inability, respectively) to see the “unseen.”

May 24, 2020

How Words Like “Essential” and “Need” Are Abused by Politicians


FREEDOM, LAW & ECONOMICS

“Need” has long been a rhetorical garnish to justify the coercion of those who disagree about the extent of those needs. “Essential” is just the latest version, with similar disabilities.

May 19, 2020

How An Ancient Roman Legal Doctrine Is the Key the Reopening the Economy


FREEDOM, LAW & ECONOMICS

“Volenti non fit injuria” means “no wrong is done to one who consents,” and it became the solid foundation for what we know today as “assumption of risk.”

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May 11, 2020

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