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.
Trading results in mutual gain. Comparative advantages allow us to specialize and cooperate in the division of labor, leading to prosperity and social harmony.
Entrepreneurs can use the economic way of thinking to make better decisions. Learn about scarcity, opportunity cost, and the broken window fallacy.