Guides |

Revisiting classic texts in economics normally needs no justification beyond the benefits that come from looking at old ideas through new eyes. As we learn and grow as readers, we see new things, are more skeptical of old things, and make connections that we never did before. Some of my favorite books in my collection ...

Read More

You might think economists are obsessed with the idea of "cost." It is nearly impossible to talk to or read economists without our invoking cost for some reason or another. This is, however, not some irrational obsession on our part. The concept of cost is at the very heart of economics. It comes into play in almost ev...

Read More

#EconlibReads

#EconlibReads offers reading groups on a regular basis. Each Group will focus on a particular topic, and a common set of readings will form the basis for our discussions. Our sister sites, AdamSmithWorks and the Online Library of Liberty offer similar groups. Participation is offered at no-cost, and there is no ne...

Read Guide

Ten Key Ideas: Opening the Door to the Economic Way of Thinking

Introduction Here are ten fundamental ideas to help you explore and understand the world around us using the economic way of thinking. I've written an essay on each idea and listed some reading and listening suggestions if you want to learn more. The essays are all written for a beginner but some of the ideas are su...

Read Guide

High School Economics Topics

Introduction The Council for Economic Education (CEE) has compiled a list of the 51 key economics concepts common to all U.S. State requirements for high school classes in economics. The resources arranged here supplement these recommended CEE topics. These free resources are appropriate for teachers of high school...

Read Guide