Enrichment
Markets are good, but we need clear signals
26th May 2015
Perhaps the most enjoyable aspect of the general election result is the abuse which is now being heaped on the metropolitan liberal elite from many quarters. Theirs is truly a difficult mind set to comprehend, based as it is on an unshakeable belief in their own omniscience. Yet this is confounded on an almost daily basis by the response of ordinary people to incentives. The central planning mentality is simply not able to imagine all the ways in which markets operate.
You might also like
How useful is economics? Nobel winner Al Roth
24th August 2014
How Markets Work - Equilibrium and Disequilibrium
Teaching PowerPoints
How Markets Work - The Price Mechanism
Teaching PowerPoints
Barry Schwartz: The Paradox of Choice
30th July 2015
Taxes and Work Incentives MCQ Revision Question (Labour Markets)
Practice Exam Questions
Fiscal Policy - The Laffer Curve
Study Notes
Producer support in markets
Study Notes
What is Microeconomics?
Study Notes