Economics

August 17, 2017

Crony Economy: More Mises, Less Keynes

The following is a guest submission from Ronaldo Campos Carneiro. Ronaldo Campos Carneiro is a production engineer, a former professor of USP/PUC. A former negotiator of Brazilian projects with the World Bank and IDB […]
July 10, 2017

Learn About Economic Growth in Africa

“The rich are getting richer and the poor are getting poorer,” this phrase is very common and many people accept it as fact without checking out its validity. This logic imagines that […]
June 19, 2017

The Boom of the Carpool Market: Free Marketeers Who Don’t Realise that they are

Here’s some good advice when it comes to taking trains in France: don’t. The more I delved into the horror show that is state-run rail, the more the delays, the broken wires, […]
June 15, 2017

Is the Crypto-currency Market just one Big Dangerous Bubble?

The recent dramatic rise in the market value of cryptocurrencies – especially of the giants BTC and Ether — has predictably caused a lot of anxiety and lazy shouts of a bubble. It’s a […]
May 28, 2017

Understanding Opportunity Costs might just Solve the Fight with your Neighbour

I first encountered the idea of opportunity costs when I read Frédéric Bastiat’s “That Which is Seen, and That Which is Not Seen”(1), an absolute must read for all students for economics […]
May 9, 2017

The Economics of Immigration (II): Empirical Evidence

In a previous article, I analyzed the economics of immigration from a theoretical perspective. I concluded that economic theory clearly supports immigration-friendly policies since they overall benefit all parties involved. In this […]
May 5, 2017

The Economics of Immigration (I): What Does Economic Theory Tell Us?

In his now-classic work The Myth of the Rational Voter, Bryan Caplan identifies four systematic biases about economics held by the average citizen: make-work bias (an inclination to overestimate the disadvantages of temporary […]
May 2, 2017

Are We in Retreat or in Decline?

The following was written by ESFL Local Coordinator David Borovsky. It was originally posted here. Not a long time has passed from the latest economic crisis, and some economists are trying to scare […]
December 22, 2016

Will Europe’s Labor Laws Kill the Gig Economy?

Picture source: Flickr The new gig-economy seems to struggle with the ancien world’s regulations. Uber lost a first judicial battle in the United Kingdom. The California-based firm has been ordered to change the […]
December 21, 2016

The “Made in France” Myth: Who Gains from Protectionism?

Many candidates in the 2017 presidential run in France promise protectionist policies to their electorate. These policies end up hurting people more than they can potentially benefit them. In the newest video […]
December 4, 2016

No, Trump’s Deal with Carrier Is Not A Win for Liberty

No, Trump’s Deal with Carrier Is Not A Win for Liberty Omar Benmegdoul  |  December 4, 2016 Donald Trump has already made good on one campaign promise: getting Carrier to keep in Indiana […]
October 12, 2016

The Universal Language of Money

One of the greatest anxieties students studying abroad suffer is the humbling feeling of being forced to interact with someone who does not speak your language. There are certain scenarios in which not knowing […]
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