A list of Economics Thinkers we should study and get to know so we can best apply their thinking to realizing the communities goals.
Economics Thinkers to Know
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F. A. Hayek Quotes
Hayek, Friedrich A. (1952). Individualism: True and False, @lantis Version It is the contention that, by tracing the combined effects of individual actions, we discover that many of the institutions on which human achievements rest have arisen and are functioning...
Bitcoin: A Peer-to-Peer Electronic Cash System – Satoshi Nakamoto – Original PDF
Bitcoin - A Peer-to-Peer Electronic Cash SystemDownload
Understanding the Technology S-Curve
A lesson on understanding the Technology S-Curve
Libertarianism Basics
#1 - Non-aggression principle and victimless crimes “How would a libertarian society address drug addiction, public services, caring for the poor, or reckless businesses? #2 - Free-market economics - libertarians prefer laissez-faire capitalism over government...
Friedman Falsely Claims Government is Always the Problem
In his PDF Milton Friedman lays out his argument for why Government is the Problem. I disagree Friedman Claims that Government causes, deteriorating education, lawlessness and crime, homelessness, the collapse of family values, the crisis in medical...
The Decline of Cable TV is an Example of Creative Destrcution
When one looks at the downward trend of Cable TV, it looks like a great example of “creative destruction.” This media evolution is a great deal for consumers and content creators alike. For more than a quarter-century, we’ve been hearing predictions about the demise...
Bitcoin: A Peer-to-Peer Electronic Cash System – Satoshi Nakamoto
Original PDF of Bitcoin – A Peer-to-Peer Electronic Cash System – Satoshi Nakamoto. This is intended to be a “Base 0” Learning Packet from this new Learning Packets can be built.
Schools of Economic Thought
This lesson on the Schools of Economic Thought is additive to the Class on Economic Schools of Thought and helps us make better predictions.
Behavioral Economics
What Is Behavioral Economics? Behavioral economics is, in a way, at the intersection of economics and psychology. In fact, the "behavioral" in behavioral economics can be thought of as the analog of the "behavioral" in behavioral psychology. On one hand, traditional...
Fractal Economics is the New Economic Paradigm
Fractal Economics is giving economics its “Copernican Moment.” Before Copernicus, it was widely believed that everything – including the Sun – revolved around the Earth, rather than the Earth revolving around the Sun. Everyone used Ptolemy’s description of the...
Understanding Libertarian Morality: The Psychological Dispositions of Self-Identified Libertarians
Understanding Libertarian Morality: The Psychological Dispositions of Self-Identified Libertarians https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0042366#authcontrib Abstract Libertarians are an increasingly prominent ideological group in U.S....
Machiavelli: On Change
“It must be remembered that there is nothing more difficult to plan, more doubtful of success, nor more dangerous to manage than a new system. For the initiator has the enmity of all who would profit by the preservation of the old institution and merely lukewarm...
Nock and Mencken on Democracy and Equality
Nock and Mencken on Democracy and Equality Albert Jay Nock (1870–1945) and Henry L. Mencken (1880–1956) were the two leading libertarian intellectuals of the Old Right, during the thirties of the twentieth century. Both defended laissez-faire but opposed the New Deal,...
Hayek on Health Care
Hayek on Health Care and Other Social Safety Nets This lesson is on how Hayek views Health Care and other Social Safety Nets. The following passage is taken from The Road to Serfdom, Text and Documents, The Definitive Edition, by F. A. Hayek, edited by Bruce Caldwell,...
Frank S. Meyer: The Fusionist as Libertarian
Frank S. Meyer: The Fusionist as Libertarian Until a few years ago, the conservative spectrum could be comfortably sundered into the "traditionalists" at one pole, the "libertarians" at the other, and the "fusionists" as either judicious synthesizers or muddled...
Lesson on Federalist Paper #10
Lesson on Federalist Paper #10. What are Factions and why are they important. Madison lays out a great strategy to achieve political stability.
Fractal Markets Theory
Fundamentals Of Fractal Markets Theory< In the wake of the 2008 financial crisis, many have challenged the dominant economic theories and perspectives on markets. The Efficient Market Hypothesis (EMH) in particular has fallen short in explaining the crisis. According...
I, Pencil
The activities for Economics in One Day are developed around the themes of Leonard E. Read’s classic essay, ‘‘I, Pencil.’’ ARTICLE: I, Pencil: My Family Tree - Leonard Reed (FEE.org) [http://at.fee.org/1yAq6Jf] ‘‘Not a single person in the world knows all the...
Libertarianism and Pollution
[pdf-embedder url="https://economicslearningcommunity.org/wp-content/uploads/2020/06/Libertarianism_and_Pollution.pdf"]
Henry Ford and the $5 wage
He says Ford proved that higher wages led to more productivity, which in turn was good for business. That positive feedback loop gave rise to a broad, prosperous middle class. But over the years, waves of economic pressures and political changes have broken that link....
A Hayekian Case for Free Markets
This essay by Matt Zwolinski provides a strong argument for a Hayekian Case for Free Markets how they fit into a stable economic system.
Hayek’s Biggest Ideas
Five of Hayek's Biggest Ideas F. A. Hayek has had a lot of great thoughts. I'd thought it would be useful to layout 5 of Hayek's biggest Ideas. Friedrich August von Hayek (1899-1992) is today glorified by freedom lovers all around the world. The Austrian in a double...
Fractal Politics
Fractal Politics “The rise of fractal politics” was first submitted to the Nine Dots Prize in response to the question, “Are digital technologies making politics impossible?” The essay was written as a thought piece prior to the announcement of the 2017 UK General...
Ernst Friedrich Schumacher
Ernst Friedrich Schumacher (16 August 1911 – 4 September 1977) was a German-British statistician and economist who is best known for his proposals for human-scale, decentralised and appropriate technologies.[1] He served as Chief Economic Advisor to the British...
Economic Thinkers
This is an evergreen list of important economic thinkers. This list is dynamic and represents the important voices we need to study.
Adam Smith – Wealth of Nations
The Condensed Wealth of Nations and The Incredibly Condensed Theory of Moral Sentiments Eamonn Butler Contents 1 Introduction 4 2 The Condensed Wealth of Nations 7Book I: Economic efficiency and the factors of production 9Book II: The accumulation of...
Cartesianism
Cartesianism, the philosophical and scientific traditions derived from the writings of the French philosopher René Descartes (1596–1650). Metaphysically and epistemologically, Cartesianism is a species of rationalism, because Cartesians hold that knowledge—indeed,...
Individualism: True and False | F. A. Hayek
According to Hayek, there are two opposing ideas about how to understand individuals and the society in which they live: true individualism and false individualism. These ideas permeate all social and political thought. They apply to beliefs about reason and knowledge, economics, justice, equality, power, tradition, marriage and family, and government.
A Hayekian Case for Free Markets and a Basic Income
Introduction If Friedrich Hayek is not in our discussions on how best to govern a community, he should be. Not only because his most popular book, The Road to Serfdom, was used by Reagan and Thacher to run a country (their own admission), but because he has a lot of...
The Art of the Trump Trade Deal – Stephen Moore
Posted: Apr 03, 2018 12:01 AM The opinions expressed by columnists are their own and do not represent the views of Townhall.com. Is it possible that Donald Trump is winning on trade? Last week, Trump apparently delivered two underappreciated victories as a result of...
F. A. Hayek – The Use of Knowledge in Society
The complete essay from F. A. Hayek called: “The Use of Knowledge in Society.” It is a fundamental document our Learning Network uses to process information
How To Explain Cryptocurrencies And Blockchains To The Average Person
When a friend of Jamie Smith’s first urged her to work at a Bitcoin company, her first reaction was, "That’s criminal money, I want nothing to do with that." But once the former press officer for the White House began learning more about the cryptocurrency, she...
Litecoin: All You Need to Know About This Cryptocurrency | Money
Bitcoin was the first cryptocurrency, but as the first iteration of a revolutionary idea, it was born with notable drawbacks. For instance, one feature of Bitcoin’s blockchain-based currency — security guaranteed by a decentralized method of tracking transactions — is...
Bitcoin is making a comeback – Business Insider
Cryptocurrency dip buyers have returned after Bitcoin crumbled through key support and hit a low of less than $10,000 overnight. But the gains seen earlier this morning have solidified in Asian trade, and Bitcoin has now bounced by almost 20% today off its overnight...
Karen Handel’s “I Am Not a Crook Moment”: “I Do Not Support a Livable Wage!”
Karen Handel's comment that she does not support a "Livable Wage" supports the narrative that Conservatives in general do not support the idea that poor people deserve any respect or consideration. This post from George Lakoff articulates the notion that how we view...
Trump Supporting Convenience Store Is Offering $50,000 Bounty For Kathy Griffin’s Head
Tweet A convenience store in Tennessee is featuring a scrolling digital sign outside the gas station offering $50,000 for Kathy Griffin’s head. Lewis Country Store’s Facebook page is littered with controversial messages in an attempt to garner attention. The store’s...
The Trump Narrative
Since the election of Trump to POTUS I have questioned my ability to see reality. I struggle to understand the Trump Narrative. I completely agreed with Obama when he said, "Americans do not elect Donald Trump." And, wow, were we wrong! I just came across a story...
Wanted in College Graduates: Tolerance for Ambiguity | Jeff Selingo | LinkedIn
Three months after I graduated from college and following a summer journalism fellowship at the Arizona Republic in Phoenix, I had my first interview for a full-time newspaper reporting job. It was in Wilmington, N.C. The managing editor of the newspaper picked me up...
Wanted in College Graduates: Tolerance for Ambiguity | Jeff Selingo | LinkedIn
Three months after I graduated from college and following a summer journalism fellowship at the Arizona Republic in Phoenix, I had my first interview for a full-time newspaper reporting job. It was in Wilmington, N.C. The managing editor of the newspaper picked me up...
Tom Price Offers Health Care Challenge! I Accept
In a recent Opinion piece in IJReveiew, our Congressman Tom Price, offered yet another vague response to one of most important social issues of our day; how do we achieve a healthy community? He clearly offers no solutions to achieving a healthy community. As is...
One Author's View that Marriage is only a "Religious" Institution!
The Post below is from Jeremy Mack of The Evangelical Libertarian. I normally would not post something as one sided and non-logical. But, it is being well received in some blogs, so I thought it should be included in our discussions. I am...
One Author’s View that Marriage is only a “Religious” Institution!
The Post below is from Jeremy Mack of The Evangelical Libertarian. I normally would not post something as one sided and non-logical. But, it is being well received in some blogs, so I thought it should be included in our discussions. I am...
This Is How The Christian Right Has Held Jesus Hostage To Fuel Corrupt Capitalism
If any supposed Jesus-loving “Constitutional Conservative” were to actually sit down and read the United States Constitution, there is something missing that may be of interest to them — any mention of God, Jesus, or Christianity. If we’re...
How Corporate America Invented Christian America
Inside one reverend’s big business-backed 1940s crusade to make the country conservative again. Read more:...
The Civil War Was About Slavery. Confederate Leaders Were Totally Clear On This.
Symbols of the Confederacy are an inescapable fact of life in Southern states. The Confederate flag is displayed prominently near the South Carolina statehouse, evoked in multiple Southern state flags, flown in frontyards, on T-shirts and...
Cognitive Science Findings on Thinking
[ted id=2265] Great Video of how we think. Specifically the comments about how we can take very little information and create huge conclusions.
2 Reasons against Moral Absolutism Actually Existing!
A post by Sean Buckley got me thinking about the reasons against Moral Absolutism actually existing. I came up with two off the top of my head. I'm sure there is more and I am going to add this discussion to the @lantis Learning Community. The first post was from...
The false logic of Some Christian Absolutists!
Below is a post from Matt Slick. (I copied the entire post. I hope Matt does not hold me in copyright violation). Matt Slick is President and Founder of the Christian Apologetics and Research Ministry (CARM). Matt started CARM to respond to the many false teachings...
10 Things you Need to Know about Slavery
Written by Imara Jones Wednesday, January 9 2013, 10:02 AM EST http://colorlines.com/archives/2013/01/10_things_django_wont_tell_you_about_slavery.html Much hullabaloo has been made recently about slavery as entertainment in movies like “Django Unchained" and...
A Community is better off when they focus on their similarities; not their differences!
Deuteronomy 11:19 And ye shall teach them your children, talking of them, when thou sittest in thy house, and when thou walkest by the way, and when thou liest down, and when thou risest up.
The Rhythm Of the Water is the Rhythm of my life.
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