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! ?
? How are monopoly formed?
A short video to inform how to monopoly formed.
▪ John story
John is a shoe producer in a […]
⚙ Lean Manufacturing | a pursuit of perfection
▪ What is Lean Manufacturing and what principles and tools does it use?
What is the easiest way […]
Why do we need accounting?
Why do we need accounting? Some might think, that accounting is only a boring and unnecessary redundancy […]
Skyscrapers | heralds of prosperity or crises?
The concept of “capitalism” evokes a number of associations. In popular culture, the symbols of capitalism are […]
Price controls
In the previous episode we talked about prohibition. Although we started with the example of an autistic […]
How to Buy Gold and Silver | Practical Guide
What are the purposes of buying gold and silver?
? What’s the difference between invention and innovation?
Have you ever heard about the dispute of two Steves who […]
