Economists’ Meaning of “Consumption”
Opinion · Natural language is a wonderful tool for communication
The Global Market Miracle of the 99-cent Pineapple
Opinion · A few times a year, my local grocerystore advertises whole, fresh pineapples for 99 cents
To Be A Happy Person, Understand Marginal Utility
Opinion · Thinking in absolutes is often wrong. People, including you, make choices on the margin
EFI News & Opinion
Velour Drapes and the Wisdom of Mises
Opinion · Economic principles are operating all around us—if we know where to look
Economists’ Meaning of “Consumption”
Opinion · Natural language is a wonderful tool for communication
Musical Abundance
Opinion · For the time it took our grandparents to earn the money to buy one song in 1955, we get 19,750 songs today
It's Either Commands or Contracts
Opinion · Individuals can be joined together either by “contractual bonds” or “hegemonic bonds”
The Collapse of the USSR Was One the Best Things that Happened to the Environment
Opinion · If you read economic histories of the Soviet Union, you will find that what little “private” sector was allowed was in farming
4 Tips to Building Financial Stability—Courtesy of Noah Webster
Opinion · There are no surefire paths to prosperity. But sound life choices sure can help
The Global Market Miracle of the 99-cent Pineapple
Opinion · A few times a year, my local grocerystore advertises whole, fresh pineapples for 99 cents
To Be A Happy Person, Understand Marginal Utility
Opinion · Thinking in absolutes is often wrong. People, including you, make choices on the margin
Two Ways Trade Creates Wealth
Opinion · Trade creates wealth...
Why There’s No Such Thing as Being Your Own Boss
Opinion · Entrepreneurship is probably one of the best things about capitalism
From Sherwood Forest to Wall Street: Economic Concepts in Children’s Literature
Opinion · Macroeconomics isn’t child’s play – but it can be a topic of children’s literature
The Economics of Mending Wall
Opinion · Mending Wall, the endearing 1914 poem by Robert Frost, offers important lessons about economics and cooperation.
Economic Freedom Matters for Intergenerational Income Mobility
Opinion · Why would there be a link between income inequality and intergenerational income mobility?
Economics Helps You Deal with Difficult People...including yourself.
Opinion · The economic way of thinking can also help you better deal with the person who can at times be your worst enemy: yourself
A Lesson in Basic Economics: Tom Buys a Car from Harry
Opinion ·
What a used car transaction can teach us about subjective value
Meet Armenia’s next generation of Common Sense Economists!
EFI News ·
Over 100 students from more than 30 schools and universities across the country embraced the challenge
Obi-Wan Kenobi, Public Choice Economist
Opinion · Can Star Wars be an intergalactic gateway to better understand public choice theory?
Price regulation: the visible and invisible hand, and what do they have to do with the fuel crisis in Ukraine?
Opinion · Fuel shortages, empty gas stations, and how prices affect the market
The Promise of Cryptocurrencies
Opinion · Cryptocurrency: the hope of a new monetary system
IPhone or bulletproof vest? Looking at opportunity costs helps to make decisions
Opinion · Everything has its price. This price is always relative…
War, peace, and incentives: how the laws of economics define our lives even now
Opinion · We explain the economics of peace and war in simple words
Analysis from Georgia: how will war in Ukraine affect the Georgian economy?
Opinion · The price of war: significant fluctuations are expected in Georgia’s economy
Trade-Offs in Economics
Opinion · Trade-offs – one of the basic principles in economics
Supply and Demand Is Not Just for Microeconomics
Opinion · The heart of economics - supply and demand
In memoriam: Richard Stroup
EFI News · The world of free market economics lost one of its champions with the death of Richard Stroup
Ukraine: making economics teaching fun!
EFI News · Bendukidze Free Market Center co-hosts teacher training workshop
Uzbekistan: summer competition shows that economics can be fun!
EFI News · A whirlwind of creativity, energy and enthusiasm among award winners!
Kosovo: students and entrepreneurs welcome “Common Sense Economics”
EFI News · In Kosovo, 15,000 copies have been downloaded since February's launch!
Georgia: piloting EFI’s Teacher Toolkit with Grade 10 students
EFI News · EFI is excited to support the introduction of economics into the high school curriculum
Armenia: essay competition encourages high school students to tackle common sense economic issues
EFI News · Year 10-12 high school students from across Armenia participate
Ukraine: “Everyday Economics” - free online economic literacy course launched
EFI News · EFI partner Bendukidze Free Market Center launches economic literacy course on Prometheus
