We teach Austrian Economics in a fun way! How is wealth created? Saving and investing is the key to personal wealth as well as the economic growth. ? How prices are determined? What can we learn from knowing the price discovery process? ? The Great Recession was initiated by bursting of the housing bubble. But why there was a housing bubble in the first place? Opportunity cost is the road not taken. Every action has a cost! How do we determine the value of things? How to explain the “water and diamonds paradox”? The law of diminishing marginal utility gives us an answer! Learn Austrian Economics in a fun way! ?
💥 The Myth of “The Blessings of War”
We’re discussing the myth of the benefits of war, which goes something like this: “Doesn’t war, death and destruction […]
Who Is Under The Resource Curse? | 2 Causes of Curse
What is the resource curse? What are the causes of the resource curse? What are the consequences? What is […]
3 Poorest Counties in the World | Causes of Poverty
What are 3 poorest countries in the world? What causes poverty? What happens with the help for them?
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?? Russian Sanctions Overview | List of sanctions imposed on Russia
Russian Sanctions Overview. What sanctions did the west imposed on Russia? What are the costs for Russia?
▪ Quick […]
⚠ Are sanctions as effective as WAR?
Are sanctions as effective as WAR? What are economic sanctions, who imposes them and why? What are the types […]
? Legislative Inflation | Is There Any Solution?
Why do we need law certainty? Do we have law certainty? What were the Greek problems with legislation? How […]
? Why Economists Disagree? | 2 main reasons
Why economists disagree? You may have heard during discussions about economics that one economist is a free market supporter, […]
? Speculation | Is it good for the economy?
Speculation and speculators market role. Is speculation a useful function on the market? Or is the opposite true – […]
? The Role of the Entrepreneur | Where Does Profit and Loss Come From?
What is the role of the entrepreneur? What does he do on the market? Where does his profits come […]
? Who Has The Power on the Market? | Market roles
Who has the power on the market? Is it entrepreneurs? Is it consumers? Or is it the government? Consumer […]