Economics

Are You Financially Literate? Answer These 5 Questions to Find Out

Are You Financially Literate? Answer These 5 Questions to Find Out

“Money is a very powerful thing, which you hardly notice when it goes right, but which can create havoc when…
Why The Cure’s Fight for ‘Fair’ Ticket Prices Is Likely to Backfire

Why The Cure’s Fight for ‘Fair’ Ticket Prices Is Likely to Backfire

The Cure, an English alternative rock band, has started a fight against high ticket prices. The music industry is praising…
5 Reasons Young People Should Give Gold a Look in These Uncertain Times

5 Reasons Young People Should Give Gold a Look in These Uncertain Times

In 1946, when the Foundation for Economic Education was founded, an ounce of gold traded for around $38.25. This week,…
How the UK’s 2004 Ban on Fox Hunting Led to a ‘Catastrophic Decline’ in the Fox Population

How the UK’s 2004 Ban on Fox Hunting Led to a ‘Catastrophic Decline’ in the Fox Population

Every day the world over, good intentions cover up a multitude of sins. A visitor from another planet could hardly…
America’s ‘Atlas Shrugged’ Moment Has Already Arrived, New IRS Data Show

America’s ‘Atlas Shrugged’ Moment Has Already Arrived, New IRS Data Show

Last September, billionaire Ken Griffin announced he was pulling up stakes and moving Citadel—his gigantic hedge fund—from Chicago to Miami.…
Taylor Swift and the Real Lesson From the Ticketmaster Antitrust Hearings

Taylor Swift and the Real Lesson From the Ticketmaster Antitrust Hearings

As I was preparing for a workshop for educators on the economics of the music industry, I read more about…
Why the Federal Reserve Pays Interest to Your Bank—and You Get Nothing

Why the Federal Reserve Pays Interest to Your Bank—and You Get Nothing

I think the average American does not know that the US Federal Reserve currently pays 4.90% interest to banks on…
John Bozeman: The Frontier Entrepreneur Who Forged a Path to Montana

John Bozeman: The Frontier Entrepreneur Who Forged a Path to Montana

One of the most interesting exports from Georgia to Montana was the namesake for the latter state’s fourth largest city.…
6 Financial Tips I’d Give My 18-Year-Old Self

6 Financial Tips I’d Give My 18-Year-Old Self

I sometimes wonder what it would be like if my 40-something self talked to my 18-year-old self. I think I’d…
‘Shawshank Redemption’ Star Unloads on Media for Hiding Government Censorship

‘Shawshank Redemption’ Star Unloads on Media for Hiding Government Censorship

Tim Robbins won an Academy Award in 2004 for portraying a victim of two terrible crimes in the neo-noir crime…
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