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Overview
These free resources are appropriate for teachers of high school and AP economics, social studies, and history classes. They are also appropriate for interested.
News
Action Figures and the Balance of Payments
In their textbook, Modern Principles of Economics, Tyler Cowen and Alex Tabarrok ask what happens when Walmart buys toys from a Chinese supplier. I decided to test this once by going to my local Walmart and buying an action figure of All Elite Wrestling's
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You Cannot Outsource Life: Severance and Wild Problems
In Season 1 of the TV show Severance, we learn that the main character, Mark Scout, once shared a life with his wife, Gemma, whose presumed death he mourns. In Season 2, the audience sees flashbacks of the highlights of their romantic life but also some p
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Human Flourishing and Marginal Utility
The law of diminishing marginal utility is one of the foundational principles of economics, but its significance extends far beyond the marketplace. The principle states that as a person acquires additional units of a good, the satisfaction gained from ea
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The Cost of the American Revolution
The core of this argument is that the American Founding set the United States on a unique path that made it one of the richest and freest places in the world. Yet, this causal connection requires a leap of faith. Few have attempted to conjure a counterfac
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Avoiding the Resource Trap in Post-Maduro Venezuela
The recent removal of Nicolás Maduro from Venezuela's presidency is a dramatic development after more than two decades of socialist experimentation under Hugo Chávez and Maduro, characterized by expropriation, macroeconomic mismanagement, and political re
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