eee3031 Tag Posts Index

On: The Housing Bubble

IMG SRC [Image is my own creation] At this point, I've seen countless documentaries on the 2008 financial crisis. One thing I'll always love about them, is seeing

On: The Road to Serfdom

IMG SOURCE [ A Few Opening Thoughts Hayek's writing is pretty grotesque, as he makes some bold claims. I can't help but imagine that he wrote this in a similar fashion

On Monopolies and Truly Free Markets

IMG SRC [ (I didn't read this article so it may be utterly disappointing) Today we are diving into Dr. Per Bylund's "Monopoly Power: What Should We Fear?"

On: The Libertarian, Conservative Progressive, Communist (Not Socialist) Case for a Universal Basic Income

[Image Source] Opening Dr. Trost's "The Libertarian, Conservative Progressive, Communist (Not Socialist) Case for a Universal Basic Income" outlines a

My Thoughts from Bastiat

This image is my own creation. There is much to digest in these readings, and for that purpose I will focus mainly on Bastiat’s 'The Government' and pull in snippets

Socialism Sucks Reflection

[Image Source] ( To preface, I’d like to say I agree with most of what Dr. Powell had to say. I enjoyed his presentation, and I thought the idea of drinking his

Module 15 - Where's My Flying Car

Image Source: When I heard the name of Dr. Hall’s book, I immediately thought of Back to the Future. I remember watching it as a kid and wondering if there would

The Limitations of Innovation from Dr. Hall's "Where's My Flying Car"

Image Source In Dr. Hall’s Lecture “Where’s My Flying Car,” he argues that there is a barrier to innovation largely caused by a large need for energy for some projects.

Examining Supply-Side Economic Theory

Image Source In reading Chapter 4 of Gilder’s “Wealth and Poverty,” I concluded that capitalism is driven simultaneously by supply and demand and that there is no

Module 14 - Supply and Demand

Image Source: Perfect Competition I think that this chapter of Wealth and Poverty made an important connection between economics and entrepreneurship for me. I have

Module 13 - Capitalism Begins with Giving

Image Source: I’ve spent a lot of time debating whether I agree with Gilder’s idea that capitalism begins with giving. Or, if I do agree, whether that idea still

Is Capitalism Based in Giving or Greed?

Image Source In Wealth and Poverty, Gilder characterizes capitalists as altruistic givers and claims that capitalism begins with giving. He attempts to put his own

Module 12 - Robber Barons

Image Source: Although this video was very interesting and had lots of historical context, I had to do some other research to learn more about the robber barons

The Role of Government Subsidies

Image Source In Dr. Burt Folsom’s lecture ‘The Myth of the Robber Barons,” he discusses the unsuccessful history of the United States’ subsidies to companies,

Debating the Feasibility of Anarchism

Image Source In watching the debate between Dr. Bylund and Dr. Holcombe, I found myself to be entirely in agreement with Dr. Holcombe about the infeasibility of

Module 11 - Government or No Government

Image Source: I think I had almost identical views about anarchy or anarcho-capitalism that Dr. Holcombe had. Like him, my biggest concerns are the lack of protection

Module 10 - Anarchy

Image Source: Before this class, when I thought of anarchism I thought about “Anarchy in the U.K.” by the Sex Pistols. I hadn’t realized that it went further than

Module 9 - International Aid and Extreme Poverty

Image Source: I was disappointed to realize that my mindset about poverty and international aid before watching this video was incorrect. I’ve always thought that

The Effect of Global Aid Programs on Development

Image Source The Poverty Inc. documentary discusses the problems with current and historic approaches to global aid from the perspectives of experts and citizens

Module 8 - Healthcare

Image Source: I honestly haven’t thought too much about healthcare in my life. I am still on my parents’ insurance, and with 7 people in our family, we meet our