How The World Works
James Fallows claims that Americans think that Adam Smith’s rules for free trade are the only legitimate ones despite evidence to the contrary from history and other economies.
Content: Article | Author: James Fallows | Source: The Atlantic Monthly | Subject: Economics
Freedom’s Road
Excellent discussion of economist Friedrich Hayek’s theories of entrepreneurial capitalism vs. Keynesians
Content: Article | Source: Forbes | Subjects: Economics, Miscellaneous
Weapon of Math Destruction
A simple formula explains why the Internet is wreaking havoc on business models.
Editor’s Note: I thought a lot was left unsaid and no limits to the theory were presented (e.g. when infrastructure exists, but tools to take advantage of it by the users don’t). Nevertheless, it is an interesting concept worthy of consideration and further exploreation.
Content: Article | Author: David P. Reed | Source: Context Magazine | Subjects: Economics, Miscellaneous