We teach Austrian Economics in a fun way!
Economy | Savings | Finance | Education2018-07-24T15:35:06+00:00
1507, 2019

Capitalism – The Unknown Ideal?

By |July 15th, 2019|Categories: Blog, Films|0 Comments

We start by addressing an important question: What is politics? There are numerous definitions. One encyclopedic definition states: "According to political philosophy politics is a strife to implement the idea of ​​The [...]

1406, 2019

Investment Risk and Its Types

By |June 14th, 2019|Categories: Blog, Films|0 Comments

In the simplest of terms, the “investment risk,” is a possibility of an investment bringing a result other than anticipated.1 You may lose some or all of your invested funds, even though [...]

3105, 2019

Universal Basic Income | Pros and Cons | UBI

By |May 31st, 2019|Categories: Blog, Films|0 Comments

Have you ever wondered what it would be like to go back to the 1970s soviet country, and return to our times with then-popular maxim: “Down you lie or up you stand, [...]

2403, 2019

Why is US healthcare system so expensive?

By |March 24th, 2019|Categories: Blog, Films|0 Comments

Why is US healthcare system so expensive? Is it because the free market failed? Or is it because of various government interventions? Learn Austrian Economics in a fun way!

2511, 2018

¿De dónde viene la riqueza? | Ahorros e inversiones

By |November 25th, 2018|Categories: Blog, Films|0 Comments

Imaginaos un mundo en el que, de un momento a otro desaparecen todas las herramientas, todos los edificios, coches, máquinas e incluso cosas tan básicas como cuchillos, martillos o palas. ¿Cómo sería nuestra [...]

1011, 2018

I, Pencil By Leonard E. Read

By |November 10th, 2018|Categories: Blog, Films|0 Comments

I, Pencil By Leonard E. Read I am a lead pencil—the ordinary wooden pencil familiar to all boys and girls and adults who can read and write. Writing is both my vocation and [...]

1109, 2018

Prisoner’s Dilemma and Self-enforcing Contracts

By |September 11th, 2018|Categories: Blog, Films|0 Comments

“Two men suspected of a crime are arrested. Though there is no evidence to convict them on a principal charge, there is enough to convict them on a lesser charge. Each prisoner is put [...]

2407, 2018

The Tragedy of The Commons | How to avoid it?

By |July 24th, 2018|Categories: Blog, Films|0 Comments

In the manors of feudal England there were some constituent lands that were available for shared use. One of the types of these common lands were common pastures. The commoners were not their owners, [...]

2007, 2018

Fractional Reserve Banking vs. 100% Reserve Banking

By |July 20th, 2018|Categories: Blog, Films|Tags: |0 Comments

What is the difference between fractional reserve banking and full reserve banking? How do they work? Do they have advantages and disadvantages? Is one better than the other? We hired a detective to check [...]

1507, 2018

Money Creation

By |July 15th, 2018|Categories: Blog, Films|0 Comments

Money creation: described by many as the biggest scam in the history of mankind; for others it’s a blessing and a driving force of the economy. For John Maynard Keynes it was a process [...]