Gender Pay Gap

Bernie Sanders praised Iceland’s attempt to close the gender pay gap in a tweet: “Iceland just became the first country in the world to make it illegal to pay men…

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Foreign Aid Hurts Foreigners

ForeignAssistance.gov shows $25.8 billion in planned foreign assistance worldwide for 2018. In contrast to $44.3 billion in planned foreign assistance for 2017 (actual spending was nearly $17 billion), this might…

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Video: Who Created Money?

The Austrian School of economics offers us great insight to the question: who or what created money? Video Notes Carl Menger, founder of the Austrian School of economics, theorized how…

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Video: The Broken Window Fallacy

The broken window fallacy, introduced by Bastiat in 1850, can still be heard among some mainstream media. Video Notes This is my retelling of Bastiat’s parable of the broken window,…

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On Health Care and Insurance

 This excerpt on health care and insurance was originally published in, “Teaching Economics to Bernie Sanders.” Many Americans conflate health care and insurance, which are in fact two very different…

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Video: Monopoly in a Free Market?

In this video, I respond to the criticism of free markets that says without government intervention, companies will form monopolies and over-charge consumers. Video Notes A monopoly is a firm…

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