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articles related to economics

Read the latest articles and commentary on the economy at US News. China Injects $ Billion Into Its Slowing Economy. The move comes as Beijing fights a costly trade war with the United States while looking for ways to keep its growth going. Economic is an essential topic for life. If you are working, understanding economics will help you understanding how are the products and services of your company relate to the markets and consumers. Why some products can mark the price so high and still Author: Leon Ho.


The Five Best Economics Articles for Beginners


For in him all things were created: things in heaven and on earth, visible and invisible, whether thrones or powers or rulers or authorities; all things have been created through him and for him. He is before all things, and in him all things hold together. Sound economics is grounded in biblical truths, and helps each of us to be better stewards. Economics is the science of human action. Humans are intentional and purposeful. This is how God created us. In Genesis, he gave us the cultural mandate, with the purpose and intent of developing his articles related to economics. Our actions, while intentional, are not perfect or always well-calculated, but articles related to economics are aimed at achieving specific ends.

These ends are only known and valued by the individual doing the choosing. If you are interested in learning more about economics but feel short on time, below are five of my favorite beginner articles. They are short, easy to read, and will help broaden your understanding of the importance of economic thinking as we apply it to Christian stewardship. This timeless article is a superb introduction to the market process.

Markets work as a coordinating mechanism that brings together millions of dispersed people to cooperate with one another. This market process encourages self-interested parties to serve each other and the common good by providing for the needs of the consumer. This short essay is told from the point of view of articles related to economics pencil, articles related to economics. The seemingly simple pencil is deceptively complex and not one person in all of creation knows how to make one, articles related to economics.

IFWE produced a video, I Smartphonewhich retells the story in a modern context through the point of view of cell phone. Economist Russ Roberts provides a primer on how prices emerge and dispels common myths around them.

Prices are formed from the interaction of both the seller and the buyer, and they help serve as signaling devices about the relative scarcity of resources.

We live in a world where scarcity is one of our biggest constraints. Prices help us economize on those scarce resources and bring together buyers and sellers so that vital goods and services can be produced. Frederic Bastiat was a 19th century political economist and member of the French Assembly.

Known for his winsome and witty writing, his essays have become timeless. This essay, also known as the Parable of the Broken Window, tells the important economic lesson of understanding opportunity cost and scarcity.

Sadly, the lesson of the parable has not been learned particularly in the public policy discussions we hear today. The result is that we make decisions and act in ways that harm us and others, articles related to economics. Living in a fallen world means living in a world with limited and scarce resources. As such, we need incentives that entice people to serve one another. When prices are able to adjust to changing levels of scarcity, the market is effective at sending strong signals to buyers and sellers which make them better stewards of those scarce resources.

The Road to Serfdom is one of the most compelling and profound books of the twentieth century, articles related to economics. Hayek was vigilant in his intellectual battle against central-planning and socialism. It has sold over 2 million copies and remains a best seller.

This book details the loss of freedom that occurs on the road to tyranny, and should serve as a warning articles related to economics to Christians about the imperative of fighting for freedom. I hope these articles can provide an introduction into the economic way of thinking. Economics helps us to be better decision-makers.

It is a tool that helps us understand costs in a robust manner, and helps us foresee potential unintended consequences. Economics gives us a view of the long-run, helping us make better choices today. Employing the economic way of thinking helps us to better steward the scarce resources with which God has blessed us. In the discussion of markets and morality, objections to free markets often center around values and character. Art Lindsley has…. This is…. Need assistance with this form?

Skip to content. Economics Read This timeless article is a superb introduction to the market process. Hayek The Road to Serfdom is one of the most compelling and profound books of the twentieth century.

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articles related to economics

 

China Injects $ Billion Into Its Slowing Economy. The move comes as Beijing fights a costly trade war with the United States while looking for ways to keep its growth going. Nov 30,  · The Economist offers authoritative insight and opinion on international news, politics, business, finance, science, technology and the connections between them. May 26,  · Nothing stirs up controversy in the digital age quite like a list. But lists, especially ones that provide an easily accessible way to learn essential information, have their purposes. Below, I offer 12 articles that I think every aspiring economist should read. Before we get to the list, let me say Author: Steven Horwitz.