Archive | Learn Economics

Learn economics from the Austrian School. The economics of the Austrian school are based on economic law and logical deductions. You won’t find breaking windows or digging ditches for the sake of it here.

doctor office

These Doctors Got Fed Up With Insurance. Now They Treat Their Patients Like Valued Customers.

The Affordable Care Act drove thousands of independent doctors to throw in the towel and join large hospital networks. However, a growing movement of doctors are fighting back against the bureaucratic system. The Affordable Care Act drove thousands of independent doctors to throw in the towel and join large hospital networks. However, a growing movement […]

Continue Reading 0
fpl

Government Regulation and Crony Capitalism is Keeping Thousands in Florida without Power

by Tho Bishop Almost two weeks have passed since Hurricane Irma made landfall in South Florida, yet tens of thousands remain without power. With temperatures regularly eclipsing over 90 degrees, these outages are not only a grave inconvenience for Floridians cleaning up after the storm, but have proved to be deadly. Given the power of Irma, it is […]

Continue Reading 0
healthcare

4-Step Health-Care Solution

by Hans Hermann-Hoppe This essay was originally published in The Free Market in April 1993. It’s true that the US health-care system is a mess, but this demonstrates not market but government failure. To cure the problem requires not different or more government regulations and bureaucracies, as self-serving politicians want us to believe, but the […]

Continue Reading 0
anthony gill

Teaching “Tips”: An Economic and Pedagogical Defense of Gratuities | Anthony Gill 

A few upscale restaurants in the United States recently have ended the practice of tipping their wait staff, preferring a fixed labor cost method of compensation. This attempt to change this long-standing cultural practice presents a fascinating opportunity to explore a variety of economic concepts including principal-agent problems, gains-from-trade, price discrimination, and cultural institutions designed […]

Continue Reading 0
ftcpolice

Edward Stringham on Radically Rethinking Police

The US criminal justice system is hopelessly broken, riddled with bad incentives and bad actors. In the wake of recent police shootings, Dr. Ed Stringham joins Jeff Deist to help us understand how and why private security firms could create vastly better outcomes for crime victims, society, and even perpetrators. This is a fascinating discussion […]

Continue Reading 0