A recent NC Policy Watch article about the Covid-19 relief bill introduced this week in the NC legislature fails to reflect the most basic of economic understanding. Much of the ... Keep Reading
scarcity
What “Krzyzewskiville” Can Teach Us About Economics
‘First come, first served’ allocation of scarce resources incentivizes waiting in line How a society allocates scarce resources determines how people compete for those ... Keep Reading
Bastiat Must Be Rolling Over in His Grave
The N&O yesterday decided to reprint this jaw-droppingly ignorant article about government "creating jobs". It's hard to believe that an actual adult wrote this article. Here ... Keep Reading