Learn about scarcity, prosperity, values, cooperation, character, markets, spontaneous order, and entrepreneurship. You'll see the profound effect of free markets on our standard of living across the globe and over hundreds of years.
Entrepreneurs can use the economic way of thinking to make better decisions. Learn about scarcity, opportunity cost, and the broken window fallacy.
In a free market, profits incentivize and signal wealth creation. Losses show us that resources are being wasted and can be used in a valuable way elsewhere.