We teach Austrian Economics in a fun way!

Minimum wage

According to many politicians we only need to raise the minimum wage! If the task is as easy as passing merely one bill, if this will make all workers [...]

Value of things

How do we determine the value of things? Aristotle had asked a question that remained unanswered through centuries: Why water that is vital for all life is cheap, [...]

Inflation and deflation

We often hear in the mainstream media that inflation is desirable, that it’s positive for the economy. Central banks are not happy when inflation doesn’t reach the desired [...]

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