I hope to be in the Kruger National Park on Friday, so here are Friday’s links in advance.
1/ Basic economics is intuitive. We have to make it that way. Here are some great examples from Brian Caplan:
1. Counterintuitive claim: Free trade makes countries richer, even if the other countries have big advantages like cheaper labor or more advanced technology.
Intuitive version: We'd be better off if other countries gave us stuff for free. Isn't "really cheap"
the next-best thing?
2. Counterintuitive claim: Strict labor market regulation is bad for workers.
Intuitive version: Employers don't like hiring people if it's hard to get rid of them. Suppose you had to marry anyone you asked out on a date!
2/ Would a partially effective HIV vaccine be bad news?
3/ How to improve organ donation rates.
4/ A decade of boom and bust on stock exchanges in images.
5/ Not the sort of thing I would normally link to but how about Hamas TV teaches kids how to kill Jews.
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