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Tag: opportunity cost

  • At Work
  • Economics 101
IFWE’s Midweek Memo – 03.27.13

By: Elise Daniel

2 minute read

  Offering relevant news, analysis, and opinion on all things faith, work, and economics. Work Is More Than a Means…

  • Economics 101
  • Public Square
  • Theology 101
Will We Use Up All Our Resources?

By: Dr. Jay W. Richards

5 minute read

You’ve heard the warnings: the earth is overpopulated, and soon we’ll run out of food, farmland, and fuel. If we…

  • Economics 101
  • Public Square
  • Theology 101

There are three misconceptions about profits that arise in most conversations I have with people about businesses seeking profit: 1….

  • Economics 101

At the Institute for Faith, Work & Economics, we think it is imperative for Christians to understand principles of economics…

  • 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
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…

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