Economics is primarily a way of thinking about the world that uncovers the true mechanisms and processes behind, and helps us understand, what we can all observe. This is a forever thread collecting my #econthread tweets. #PerBylundthreads
On #scarcity .
On the #sharingeconomy .
On economic theory vs. empirical analysis.
On economic thinking.
On economic growth.
On business cycles and business cycle theory.
On Mises and management.
On value.
On subjective value.
On critiques (and misunderstandings) of markets.
On planning.
On Mises and #uncertainty .
On economic cost.
On #profit .
On free market economics.
On the economy.
On automation not being the real threat - inflation is.
On #entrepreneurship .
On transaction costs.
On the division of labor.
On #monopoly .
On monopoly power.
On value creation vs. competition.
On what is an economic good.
On economists losing their way.
On how production drives the economy.
On how to correct economic injustices.
On wealth and poverty.
On tradeoffs--the seen, the unseen, and the unrealized.
On #deflation .
On the Whig theory.
On why free-market economics is no ideological.
On trade.
On entrepreneurship and markets.
On #regulations .
On why businesses fail. And who is to blame.
On empirical science.
On pausing the economy.
On the folly of employment policy.
On proper #economics .
On the economy as engineering (it is not).
On the role of demand.
On how entrepreneurs deal with uncertainty.
More on #regulations .
On why startups competing with universities fail.
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