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Category: Economics 101

  • Economics 101
We Need to Consider Consequences

By: Dr. Anne Bradley

5 minute read

Stewardship forces us to think like economists. We must look past our hopes and good feelings when making decisions in…

  • Economics 101
How to "See" the Unintended Consequences

By: Dr. Anne Bradley

5 minute read

Choice is full of uncertainty.  Every time we make a choice we are making a bet over a particular set…

  • Economics 101
Is the Economy a Pie?

By: Dr. Anne Bradley

5 minute read

All this talk we have been doing on economic principles allows us to consider “the economy” in an entirely new…

  • Economics 101
How Trade Allows Us to Serve Others

By: Dr. Anne Bradley

4 minute read

We have talked about the economic concept of comparative advantage and that ultimately we are better stewards of our gifts,…

  • Economics 101
What is Your Advantage?

By: Dr. Anne Bradley

4 minute read

Peter Boettke of George Mason University, my graduate school professor and mentor, used to talk about Michael Jordan a lot…

  • Economics 101
The Miracle of the Market Process

By: Dr. Anne Bradley

5 minute read

Our ongoing discussion has focused on the importance of understanding economic principles to better understand a holistic definition of stewardship. …

  • Economics 101
How Prices Harness Knowledge

By: Dr. Anne Bradley

4 minute read

Previously we have talked about how knowledge is held in a world of scarcity.  Knowledge is personally held and individually…

  • Economics 101
The Knowledge Problem Triple-Whammy

By: Dr. Anne Bradley

4 minute read

One of the most profound insights of twentieth century economists was that of how knowledge is held in a society…

  • Economics 101
People Value Different Things

By: Dr. Anne Bradley

5 minute read

The notion of value is one of the aspects of economic thinking that gets a lot of discussion and is…

  • Economics 101
Decision-Making on the Margin

By: Dr. Anne Bradley

4 minute read

Economists use some terminology that seems unfamiliar and often scares people away from wanting to learn more. I’ve experienced this…

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