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Tag: understanding economics

  • 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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