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.
Dr. Norman Borlaug, 1970 Nobel Peace Prize Winner, and Dr. Robert Chandler, Founding Director Emeritus of the International Rice Research Institute, discuss the origins...
Vladimir Socor, political analyst with the Jamestown Foundation, Dzintra Bungs, Senior Research Fellow, Latvian Institute of International Affairs, and Bohdan Nahaylo, writer with Radio...
We live under government domination of the market economy. We have come a long way from a truly free economy. Consider the number of...