Freeman

The Economic Way of Thinking

Studying Real People

Teaching and learning economics has become detached from human beings

DECEMBER 17, 2013 by PETER BOETTKE

Economists need to apply their tools to real people in the real world. That doesn't mean tossing out statistics and modeling. It means including every other discipline with light to shed on people and our world.

Master Jugglers and Social Engineers

Good economics, bad economics, and our unprecedented debt

OCTOBER 22, 2013 by PETER BOETTKE

The United States is saddled with a staggering amount of debt. It's time to put aside bad economics and look at how to salvage our financial future.

The Mystery of the Mundane

SEPTEMBER 26, 2013 by PETER BOETTKE

Economics is full of research, theories, and statistics. But it's really about learning to see the wonder surrounding us, in mundane things we often take for granted.

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CURRENT ISSUE

December 2014

Unfortunately, educating people about phenomena that are counterintuitive, not-so-easy to remember, and suggest our individual lack of human control (for starters) can seem like an uphill battle in the war of ideas. So we sally forth into a kind of wilderness, an economic fairyland. We are myth busters in a world where people crave myths more than reality. Why do they so readily embrace untruth? Primarily because the immediate costs of doing so are so low and the psychic benefits are so high.
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