Religion & Liberty Online Archives

Video

October 07, 2016

If Africa had 100 citizens

When we think about the places on the globe that continue to have the most consistent and seemingly intractable problems, we tend to think of Africa. While areas like East Asia and the Pacific continue to grow richer and more stable, many African countries remain mired in corruption and poverty. Continue Reading...
September 27, 2016

How to understand the supply curve

Note: This is the third post in a weekly video series on basic microeconomics. The supply curve seems like an easy enough concept to understand: it’s a graphic representation of the relationship between the quantity of product that a seller is willing and able to supply at a particular price. Continue Reading...
September 20, 2016

How to understand the demand curve

Note: This is the second post in a weekly video series on basic microeconomics. To demonstrate how much of a good or service people are willing to buy at different prices, economists often use a graph called the demand curve. Continue Reading...
August 19, 2016

The hockey stick of human prosperity

Since the era of Adam Smith economists have been asking, “What creates wealth?” One key answer is specialization and trade. On a timeline of human history, the recent rise in standards of living resembles a hockey stick — flatlining for all of human history and then skyrocketing in just the last few centuries. Continue Reading...