Understanding Economics Series
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Common sense economic lessons for the interested layman. How a free market economy works, from an Austrian School perspective.
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Lesson Zero: Thinking Like a (Good) Economist.

Learn how to sort through some of the largest fallacies in economics, and apply good economic thinking to your daily life. All of this comes with mastery of a single fallacy that is the root of all economic error. Also, a brief note on ethics in economics.

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What is law?  What is justice?  What makes a “good law” and what is a “bad law”?  Are we obliged to follow a bad law?  Are we obliged to follow law at all?  Is disobedience moral?  Is law necessary for society?  What would the law in a free society look like?  These are just some of the questions that I’ll answer in my Law & Justice series.

In Part I: Ethics and Natural Law, we’ll derive the origins of law by examining human nature and the theory of natural rights, as well as form a simple code of ethics for a theory of law to abide by.

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