Making Decisions When Married: A Wicksellian Perspective

Love is in the air! I recently married the love of my life. Marriage is not only a great tradition, it is economically effective! Well, in theory. We can now bask in the cost savings of consuming goods together such as a home, car, kids, Netflix accounts, groceries, and so much more! Continue reading “Making Decisions When Married: A Wicksellian Perspective”

George Stigler: Information is Power

It is July 4th weekend coming up. Woohoo! Some of you will be traveling and doing some mini vacations somewhere. I don’t know about my plans for the 4th just yet, but I know that I am going to try and head out somewhere. As long as I escape the nation’s capital on the nation’s birthday, I’m game. Continue reading “George Stigler: Information is Power”

Sir Arthur Lewis: Progress Always Beats Nostalgia

Donald Trump, the 45th President of these United States, has spoken emphatically about the factories that are running away from the United States and into the arms of Mexico and China. He said, “I have visited cities and towns across this country where one-third or even half of the manufacturing jobs have been wiped out in the last 20 years.” He believes that the politicians we have elected are responsible for allowing this “disaster” to happen. Factories shut down, leaving cities is a state of disrepair, and utterly destroying the middle class. Continue reading “Sir Arthur Lewis: Progress Always Beats Nostalgia”

Gunnar Myrdal: The Moral Economist

The rise of the camera phone has allowed us to capture the world in the form of candid videos more than ever before. We get front row seating to the tensions of racial disparity here in the United States. We also get to watch the Middle East and other regions in the world crash and burn as people die due to warfare, diseases, and hunger. All the while, the clash between globalism and nationalism only seem to make things worse. Continue reading “Gunnar Myrdal: The Moral Economist”