All Posts Tagged With: "economic understanding"
The Roots of Economic Understanding
The game of economics in the United States is something like a ball game where the home team fails to score. The record shows a lack of economic understanding. Despite the abundance of material splendor parading before us in the show of ostentatious consumption, we seem to be losing most of our games in terms [...]
1May2005 | F. A. Harper | 0 comments | ContinuedAn Asset That’s a Liability
One of the things that make the free market (in Bastiat’s felicitous phrase) the “prodigiously ingenious mechanism” it is also makes it vulnerable to destruction: people don’t have to understand how it works. As long as they are free to pursue their own purposes in an environment where life and property are safe, the market [...]
1Jul2000 | Sheldon Richman | 1 comment | ContinuedRoots Of Economic Understanding
Dr. Harper is a member of the staff of the Foundation for Economic Education. The game of economics in the United States is something like a ball game where the home team fails to score. The record shows a lack of economic understanding. Despite the abundance of material splendor parading before us in the show [...]
1Nov1955 | F. A. Harper | 0 comments | Continued-
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