Public Choice of Classic Chinese Literature

Water Margin (水浒传) is a book about 108 heroes who through one way or another become outlaws, it is one of the four great classics of Chinese literature and pretty jam packed with public choice messages (and the occasional cannibalism). Instead of a full summary of this thousand page long book I will instead point… Continue reading Public Choice of Classic Chinese Literature

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

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