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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label Art Carden. Show all posts

Saturday, August 09, 2014

Quote of the Day: Blaming Bad Outcomes on Bad People rather than Bad Institutions

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And yet: how often do you hear people saying that we need to vote the bums out and replace them with the wise, the virtuous, and the incor...

Wednesday, July 03, 2013

Video: Should the Government Subsidize...Silly Walks?

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At the Learn Liberty, Professor Art Carden talks about the essence of government subsidies

Tuesday, April 02, 2013

Quote of the Day: Market Failures Does Not Justify Government Interventions

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Market failure is a tricky topic even for professional economists. And when non-economists raise the examples of market failure that we di...

Wednesday, January 18, 2012

Video: Art Carden on Government Intervention (The Story of Broke Response)

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Professor Art Carden talks about the basics of government interventionism in the splendid educational video below. From learnliberty Prof. ...

Thursday, September 15, 2011

Video: Economic and Political Roles of Chain Stores

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LearnLiberty.org presents another great educational video. Professor Art Carden explains the economic and political roles of chain stores t...

Friday, March 04, 2011

Video: How Wealth Is Derived From Mutually Beneficial Free Trade

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Trade is human action: we do this everyday with the aim at attaining better life and live past self sufficiency which characterized the live...

Thursday, August 26, 2010

9 Principles of Economics

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At the Mises Blog, Art Carden lays out the 9 foundations of economics: 1. People Act . 2. Every Action Has a Cost . 3. People Respond ...

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