Visual #3: What Is Seen and What Is Not Seen?

Frederic Bastiat:

“There is only one difference between a bad economist and a good one: The bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen.”

Trade Wars: Economics Awakens

Trade Wars – Economics Awakens (repost)

FTE is re-posting this article written during Trump 1.0. Much of what Professor Malek had to say about tariffs back…

FTE Honors Professor Robert Lawson

I was privileged to introduce this year’s winner of the Gary M. Walton Award for Excellence in Economic Education for…

The Economics of Love, Trade, and Opportunity Cost

Professor Jamie Wagner discusses the economics of love, trade, and opportunity cost. She is a Professor and Teaching Fellow with…