Economic Thinkers

Starting with Adam Smith and The Wealth of Nations, continuing to Malthus, Ricardo, Keynes, Hayek, Friedman, Sen and others, the timeless ideas of economic thinkers provide understanding of the contemporary economy.

  • The Sugary Beverage Debate

    More Soda Wars

    Aug 14, 12 • 367 Views • No Comments

    If you lived in Richmond, California, would you vote yes or no for their proposed soda tax? The tax is unusual because it does not charge people at the register. Instead, retailers would have to pay a license fee that is based on how many ounces of SSBs......  [read more]

  • Obama/Biden and Romney/Ryan Issues

    Election Economics: Meeting Paul Ryan’s Economic Muse

    Aug 13, 12 • 707 Views • 2 Comments

    People tend to ask, “Who??” when Friedrich von Hayek is named as Paul Ryan’s economic muse. Our purpose right now is to get to know some Hayek basics to see what Ryan brings to the Romney/Ryan candidacy. Austrian born, a naturalized British......  [read more]

  • Industries afflicted with Baumol's Disease have slower productivity growth.

    Cheesecake Medicine?

    Aug 7, 12 • 357 Views • No Comments

    Could Cheesecake Factory help us fix our healthcare system? Touring the kitchen of a Cheesecake Factory restaurant, you would see arrival, refrigeration and storage areas, and cutting, mixing, chopping and combining zones. Preparing the 308 dinner choices......  [read more]

  • A Traditional Telephone Book

    What Can You Learn From the Phone Book?

    Aug 5, 12 • 428 Views • No Comments

    Among all of the innovations that changed our lives, have you ever thought about the phone book? The first phone book dates back to 1878. Compiled by the the District Telephone Company of New Haven, soon to become SNET, the Southern New England Telephone......  [read more]

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    Remembering Milton Friedman

    Jul 31, 12 • 451 Views • No Comments

    Split down the middle, opinion about the US economy puts private initiative or government first. Those who place individual enterprise first believe most private income belongs to those who generate it. By contrast, government’s advocates see a......  [read more]