Economics For...
Subscribe
Sign in
Home
Notes
Busy People
Organizations
Managers
Entrepreneurs
Citizens
About
Busy People
Latest
Top
Discussions
We Grow When Anyone Can Compete
One Takeaway: Competition isn’t about how many producers there are. It’s about whether new ones are free to challenge them.
Jun 8
•
Cameron Belt
2
We Can Get Fooled By Good Intentions
Public officials respond to incentives like all of us. We must remember that self-interest doesn’t disappear simply because someone wants to be a public…
Jun 1
•
Cameron Belt
1
2
We Sometimes Create Spillovers
Not every cost or benefit stays between the buyer and seller. When our actions spill over onto others, understanding why it happens matters.
May 25
•
Cameron Belt
2
1
We Are Better When Exchange Is Voluntary
Voluntary exchange creates value because both sides choose to participate. When decisions are made for us we lose the information and feedback.
May 18
•
Cameron Belt
1
1
We Need Good Rules More Than Good Rulers
A successful economy depends more on good rules than wise overseers. Clear, consistent rules allow people to cooperate, and plan; even when no one is in…
May 11
•
Cameron Belt
2
1
We Can't Calculate Without Prices
One Takeaway: Without prices that reflect reality, no one, not even the smartest, most informed planner, can know how best to use scarce resources.
May 4
•
Cameron Belt
3
2
We Don't (and Shouldn't) Control What Others Own
Property rights make exchange, investment, and cooperation possible. Without them, markets can’t function and progress stalls.
Apr 27
•
Cameron Belt
4
4
1
We Each Know Different Things (And No One Knows Everything)
No one person has all the knowledge in the world. The best systems are those that help us use what we know to make better decisions.
Apr 20
•
Cameron Belt
2
1
We Need More Than Headlines
Statistics are helpful summaries, but they offer limited explanations of how the economy is doing. It's better to focus on principles vs managing…
Apr 13
•
Cameron Belt
1
2
We Can’t Outsmart The System
The economy runs on signals, not switches. The more we try to control outcomes, the more we distort signals that help people make good decisions.
Apr 6
•
Cameron Belt
1
1
We Learn What Works By Trying
Entrepreneurs move the economy forward. They don’t follow a map. But they do spot new paths no one else may see and take a chance to walk them.
Mar 30
•
Cameron Belt
1
1
We Are Uncertain If We Will Profit
Markets work because people try things. Sometimes they win, sometimes they lose. But, every outcome reveals what’s valuable and what isn’t.
Mar 23
•
Cameron Belt
1
1
This site requires JavaScript to run correctly. Please
turn on JavaScript
or unblock scripts
