All content by John Phelan
Posts by John Phelan
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Subjective Value and Trade
Howard Baetjer outlines some basic concepts essential to understanding economics, including the natures of wealth and economic value....
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Being pro-free enterprise is not the same as being pro-big business
There is no problem with big businesses per se. If they have grown and stayed big by producing goods and services that consumers want to purchase, they are to be applauded. This is a good thing. But w...
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Minnesota’s economic news, w/e 11/9/18
A round-up of the last week’s economic news stories in Minnesota....
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Read someone you disagree with
In the same way that Marvin Hagler was made a better boxer by sparring in the gym with a quality opponent like Buster Drayton, there are few things better for intellectual health than reading somethin...
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What CNN Gets Wrong in Its Coverage of Seattle’s New Minimum Wage Law
It turns out that labor demand curves do slope downwards after all....
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