Download E-books Popular Economics: What the Rolling Stones, Downton Abbey, and LeBron James Can Teach You about Economics PDF

By John Tamny

Forbes editor John Tamny makes use of interesting tales from activities, video clips, pop culture, and recognized companies to illustrate the elemental rules of economics. The Rolling Stones, the Dallas Cowboys, and Paris Hilton develop into examples of excellent and undesirable tax coverage. The Godfather, Gone With the Wind, and The Sopranos show the drawback of antitrust law, whereas the Michigan Wolverines’ 2007 loss to Appalachian country explains why rules frequently fail to accomplish their meant objective. NBA famous person LeBron James’ exploits at the basketball court docket illustrate loose exchange and comparative virtue, whereas the cooking of fowl wings makes the case for a solid dollar.

Popular Economics is an everyman’s consultant to how cash particularly works—a lesson politicians test (and fail) to know each day.

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Bartley, The Seven fats Years (New York: unfastened Press, 1992), fifty four. bankruptcy Fifteen: Comparative virtue: may perhaps LeBron James Play within the NFL? 1. invoice Barnwell, “Could LeBron James fairly Play within the NFL? ,” Grantland. com, August five, 2013, http://grantland. com/features/bill-barnwell-examines-lebron-james-possibility-success-nfl/. 2. John Clayton, “Two positions in transition,” ESPN. com, June 20, 2013, http://espn. move. com/nfl/story/_/id/9407254/nfl-fullback-tight-end-positions-transition? src=mobile. three. NBA participant Salaries, 2014–2015, nationwide Basketball organization, ESPN, http://espn. pass. com/nba/salaries. four. Spotrac, http://www. spotrac. com/rankings/nfl/tight-end/. five. Badenhausen. 6. Monte Burke, “Average participant Salaries within the 4 significant American activities Leagues,” Forbes. com, December 7, 2012, http://www. forbes. com/sites/monteburke/2012/12/07/average-player-salaries-in-the-four-major-american-sports-leagues/. 7. Ryan Rosenblatt, “Tony Gonzalez agreement: Tight-end’s 2-year deal worthy $14 million, in line with document. ” SB country, March 15, 2013, http://www. sbnation. com/nfl/2013/3/15/4108754/tony-gonzalez-contract-atlanta-falcons. eight. “Michael Jordan: The Stats,” InfoPlease, http://www. infoplease. com/ipsa/A0779388. html. nine. Walter Isaacson, Steve Jobs (New York: Simon & Schuster, 2011), sixty two. 10. Ibid. , eighty five. eleven. Ibid. , 102–3. 12. Ibid. , 397. bankruptcy 16: “Outsourcing” is superb for employees, and as outdated because the Pencil 1. Johan Norberg, “The Noble Feat of Nike,” YaleGlobal on-line, June thirteen, 2003, http://yaleglobal. yale. edu/content/noble-feat-nike. 2. Ibid. three. Enrico Moretti, the hot Geography of Jobs (Boston, MA: Houghton Mifflin Harcourt, 2012), 10. four. Robyn Meredith, The Elephant and the Dragon (New York: Norton, 2007), fifty nine. five. Moretti, the recent Geography of Jobs, eleven. 6. Ibid. , 60. 7. Ibid. , 122. eight. Ibid. , eighty five. bankruptcy Seventeen: “Energy Independence” will be Economically Crippling; “Global Warming” Is a Crippling idea 1. Daniel Estrin, “Could Israel be one other heart East oil monstrous? ” BBC information, September 30, 2011, http://www. bbc. com/news/magazine-15037533. 2. Warren T. Brookes, The economic climate In brain (New York: Universe Books, 1982), ninety seven. three. John Tamny, “Is There An Oil tale at the back of the Iranian Elections? ” RealClearPolitics, June 17, 2009, http://www. realclearpolitics. com/articles/2009/06/17/is_there_an_oil_story_behind_the_iranian_elections_97040. html. four. Benjamin M. Anderson, Economics and the general public Welfare (Indianapolis: Liberty Press, 1949), 37. five. Thomas okay. McCraw, Prophet of Innovation (Cambridge, MA: Belknap Harvard, 2007), 329. 6. Jerry Taylor and Peter Van Doren, “Oil Weapon Myth,” Cato Institute, December five, 2001, http://www. cato. org/publications/commentary/oil-weapon-myth. 7. Robert L. Bartley, The Seven fats Years (New York: unfastened Press, 1992), 32. eight. Mark Perry, “Exxon Paid nearly $1M in step with Hour in source of revenue Taxes and Its potent Tax fee used to be forty two. 3%,” Carpe Diem web publication, April 28, 2011, http://mjperry. blogspot. com/2011/04/exxonmobil-paid-almost-1m-per-hr-in. html. nine. Dan Senor and Saul Singer, Start-Up kingdom, (New York: Twelve, 2009), eleven.

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