Q: How do you impoverish a country as punishment for their actions A: You declare sanctions to prevent then from importing Q: If you are at war how to cripple your enemy? A: A naval blockade to prevent them from importing. Q: How do you make yourself rich? A: You place large tariffs to prevent… Continue reading Trade Doublethink
Author: Titus Alexander
Meditation Full Interview
Wendy: Would you please briefly introduce yourself? Rush: So I am Mr. Rush. I teach AP Economics and Advanced Economics. I have really wide set of interests, and I try to cultivate new interests all the time. Oh, and, if you don't know who I am, I'm the guy who walks around with a cane.… Continue reading Meditation Full Interview
Things I Wish Everyone Understood About Macroeconomics
Given some recent nonsense I have seen bandied about I thought I would do a quick write up of what I think is important for normal people to know about macro. -More spending is not some magic expand the economy juice. More money does not equal more significantly more production under normal conditions, or else… Continue reading Things I Wish Everyone Understood About Macroeconomics
About Diet
So I follow a pretty crazy diet that moves between low carb, keto, and extended fasting, would I recommend it to others? No I follow the diet because I have found that it works the best for me given my various medical problems, but it is unlikely that it is the right diet for most… Continue reading About Diet
Five Ways to Be More Productive
First one! (Disclaimer many of these are not easy and none of us are perfect me included, the goal is to just try to be better) -Don’t do work around your cell phone. Humans are awful multitaskers, all of us. The research is really clear on this (I used to think I was great at… Continue reading Five Ways to Be More Productive
Country vs People
Would people in Germany today be better off if the Nazis won? Would people in Japan be better off if Imperial Japan had won? In both cases I think it very unlikely. It is an easy mental shorthand to think of what a country "wants" by the actions of their government, or what is good… Continue reading Country vs People
Some Thoughts on Teaching
The longer I have taught, the more I agree with the sentiments of Socrates, that it is impossible to truly teach. If by teaching, one means the direct transference of knowledge from one person to another, it is an endeavor that is at best fruitless. Knowledge cannot be transferred for two reasons. First, true learning… Continue reading Some Thoughts on Teaching
Why I Live in China
Things I've gotten used to living in China that make it hard to leave -My students are an incredible cohort, many of them are deeply intellectually interested, they are honest, real, and they are very bright (my advanced class has an average SAT of 1510), I feel as if my teaching methods have largely developed… Continue reading Why I Live in China
What Truly Makes America Great
One of the things I like the most about America, is that in China it is obvious that I am not Chinese even if my Chinese is perfect (it it not). But in America, anyone of my students could be Americans, because what makes you an American is not about what group you belonged to… Continue reading What Truly Makes America Great
Learning Economics as a Way to Curb Resentment
I think one of the most important reasons to learn economics is that if it is done properly, it can help you extend your empathy. Also knowledge of economics, specifically that other’s gain is not your loss, consistently helps me curb my natural feelings of resentment. I was standing in line to pay for my… Continue reading Learning Economics as a Way to Curb Resentment