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! ?
Exports and Imports | Protectionism, Tariffs and Who Benefits From Them
What do we pay with for the products and services we need? With money, of course. But […]
Division of Labor and Free Trade – Comparative advantage
How hard would it be for one man to live if he had to do everything […]
Where do jobs come from? Employment vs self-employment
Where do jobs come from? Why do all people not just work on their own?
Everyone […]
4 Questions to Ask When Debating Inequality
The change in the presidency is not going to reduce the amount of time and energy people will […]
