Publications by Eric Niewoehner
Food deserts in our big cities? In a previous article we looked at the Law of Supply: That the provision of a good or service is a function of the ability and willingness of a producer to deliver a product. Most of us are familiar with ability. We have seen countless businesses fade into history…
It is a law of economics that supply is the ability and will to provide a good or service to the marketplace. What we are seeing recently is the loss of will as businesses are abandoning many of our large cities. It is a law of economics that supply is the ability and will to…
The short answer – it is important for people to be informed about economics. The longer answer – economics is a part of life, whether we acknowledge it or not. Wouldn’t our lives be better if we understood economics? Would we make better career choices? Would we make better decisions on what we purchase? Would…
Lots of labels are tossed about the political landscape. People are accused of being Nazis and Fascists, as well as the opposite accusation of being called a Communist. Not too far behind is the charge of being a Socialist. So if it is fair to ask whether a person is a Nazi or a Fascist, it is reasonable to evaluate whether a person is a Socialist.
To Hayek, it was quite ironic that the academics that had overwhelmingly embraced socialism were discarding the very thing that explained their existence, the idea of “western” civilization.