All Lessons

Schools of Economic Thought

Schools of Economic Thought I found this at Cullen Roche. He said he got it from The guys at Zero Hedge. I thought it a good addition to the Class on Economics Schools of Thought. Fractal Economics Overview – Variations in financial prices can be accounted for by a...

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...

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...

There is a role for an Economic “Safety Net”

Conservatives often regard any community provided “safety net”  as either morally illegitimate or economically destructive. This lesson will examine why opposition to any safety net is the default Conservative position, and why some Conservatives...