It’s impossible to predict the behaviors and actions of any one individual. So how can economists ever hope to understand the effects a shift in policy will have on the consumers within the economy? While individuals behave irrationally, groups give us more insight into understanding behavior and the impact those decisions will have on economics. Listen to his conclusion of the economic effects these choices have in the latest episode of the Free To Choose Media Podcast.
Today’s podcast is titled, “His Thoughts: Glenn Loury.” Glenn Loury was raised on the south side of Chicago in a predominantly black neighborhood. He...
In the first of three sessions from 1978, the late Friedrich von Hayek, economist and Nobel laureate, and the late Leo Rosten, author and...
Today’s podcast is “Swords into Plowshares,” volume three of the three-part public television documentary Turmoil & Triumph: The George Shultz Years. George Shultz and...