taking you along my learning journey..

Category Economics

Government Week 7: Antitrust and the United States economy during World War II

This is the essay for the 7th week of the Tom Woods Homeschool Government course. In this blog post, I will be discussing two things: 1. How the history of Antitrust laws is different from what you think it is. 2. Why World War… Continue Reading →

Government Week 6: Working conditions and Labor unions

This is the essay for the 6th week of the Tom Woods Homeschool Government course. In this blog post, I will be discussing two things: 1. Working conditions. 2. Labor Unions. If we look at the statement: “Government must intervene in the economy to… Continue Reading →

Government Week 4: Discussing the standard of living and monopolies

This is the essay for the 4th week of the Tom Woods Homeschool Government course. In this blog post, I will be discussing two things: 1. How the market economy is improving the standard of living. 2. How the fears of a free-market monopoly… Continue Reading →

Economics of Entrepreneurship module 2

Today completed module 2 of the Foundation of Economic Education (fee.org’s) course in on the Economics of Entrepreneurship: “What is the Entrepreneur’s Role in Creating Value?” https://credly.com/sharedembed/14144425 https://www.credential.net/embed/18qhpuuj You can find the course here: https://courses.fee.org/

Lessons for the young economist chapters 5-9 summary

Chapter 5: Things you learn in this chapter are, Why you need institutions in society, but not in the Robinson Crusoe scenario to deal with scarcity. The difference is that  in society you cant take something from someone to achieve… Continue Reading →

What happens during the three stages of price inflation?

What I explain in this blog post is also answered in Richard Maybury’s book on inflation. (and more!) Link: The Money Mystery There are thee stages of price inflation. we’ll start with the first one In the first stage of price inflation, this… Continue Reading →

Entrepreneurship course -fee.org

  Today I completed the module 1 of the entrepreneurship course on fee.org. I gave them the following testimonial: The course structure is clear and the course material easy to understand. I learned how entrepreneurs find business opportunities and the… Continue Reading →

Lessons for the young economist chapters 1-4 summary

Chapter 1: Economics is study of a lot of things etc: money, exchanges and what to do in certain real life situations. Thinking like an economist  is important in life, because you can understand a lot more in the world… Continue Reading →

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