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.
What is liberalism? What is conservatism? The divide between the two opposing ideologies has widened recently, but why? It may have to do with...
Recorded in 2004, Walter B. Wriston, Former Chairman and CEO, Citicorp/Citibank and Peter Huber, Senior Fellow, Manhattan Institute for Policy Research, discuss the impact...
Welfare programs are often touted as the saving grace of those living in poverty. But, as with any governmental program, there tend to be...