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Division of Labor

Anything Peaceful

Reasons to Be (Rationally) Optimistic about the Future
Matt Ridley argues that most things for most people are getting a lot better

Human achievement has reached unprecedented heights, and we ain't seen nothing yet.

Anything Peaceful

What LeBron Can Teach You about Economics
Econ is everywhere — why can't it be popular?

In Popular Economics, readers learn the economic way of thinking through sports, culture, and Downton Abbey.

Freeman Article

Reich Rages Against the Machines
Luddite inequality warriors attack technological progress

Are machines and automation a threat to the economy?

Freeman Article

The Force That Liberated Women
The innovations and opportunities of modern markets freed women more than men

Capitalism liberated women from the reality of living in a world of little innovation, slow or nonexistent growth, and chronic material deprivation.

Freeman Article

#36 – "Outsourcing Is Bad for the Economy"

Outsourcing boosts productivity and living standards.

Resources

Economics in One Lesson (full text)
The fastest and best way to discover economic basics

"No other modern book from which the intelligent layman can learn so much about the basic truths of economics in so short a time." ~ F.A. Hayek

Freeman Article

The Case for Voluntary Private Cooperation
We don't need nations, flags, and armies to make us prosperous

Forget the "markets vs. the State" debate. Systems of voluntary cooperation are what build societies and prosperity.

Freeman Article

Wages Are Like Love
The circumstances of time and place are no different for employers and employees

Our central planners tell us all what we should earn and what we should pay. In the end, these are intimate details of life that are unique to our lives, time, and place.

Freeman Article

Advice to Young, Unemployed Workers

Times are tough for young workers--especially since they've mostly been lied to throughout their lives. Coming to terms with some hard truths now, though, will give them the chance to thrive.

Freeman Article

The Importance of Subjectivism in Economics
The double inequality of value.

For an exchange to take place, the two parties must assess the items traded differently, with each party preferring what he is to receive to what he is to give up.

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