Krystal Slivinski - Project Arizona speaker and professor (Course 2: Austrian Economics)
♦️ What is Project Arizona? https://projectarizona.us An initiative of Liberty International, this annual 5-week program brings 10 young international potential opinion leaders to Phoenix to improve their knowledge and skills so they can return home and reshape their own culture to increase freedom. By meeting, studying, and working with local freedom champions, they will deepen their understanding of American history, culture, and values, and effective ways of communicating these ideas to the world. ♦️ Free Market Economics 8 one-hour lectures from Krystal Slivinski, an assistant professor of economics at Grand Canyon University. Before teaching economics, Krystal lobbied the Arizona Legislature to improve tax, budget and regulatory policies, and trained K-12 teachers to teach economics with the Arizona Council on Economic Education. Prior to moving to Arizona, Krystal spent nearly a decade in Washington, D.C. working in think tanks and the public policy world. ♦️ The Economic Way of Thinking: People make choices (scarcity and opportunity cost); Incentives matter; Self-interest and Adam Smith; ♦️ How Trade Creates Wealth: Trading game; Tag check activity; Specialization and division of labor; ♦️ The Free Market System: Prices. How supply and demand work (simplified); What prices know that you don’t (Hayek’s influence); Why minimum wage doesn’t make sense; ♦️ The Free Market System: Profits. Profits and losses are signals; How to measure and encourage entrepreneurship; Creative destruction; ♦️ Property Rights and Rule of Law. Economic Institutions; Transparency and predictability in laws; Accountability of government/corruption; ♦️ Public Choice Theory. Voting myths; Median voter hypothesis; Incentives that politicians and bureaucrats face; ♦️ Failed Solutions to Poverty around the Globe. Foreign aid game; Missions and volunteers (article); Types of failed economic systems; ♦️ The Morality of Capitalism. Self-ownership and responsibility; Capitalism affirms dignity to the poor; Myth of the virtuous poor; ____________________________________ 🗽 Liberty International is an association of individuals and organizations dedicated to building a free and peaceful world, respect for individual rights and liberties, and an open and competitive economic system based on voluntary exchange and free trade. LI currently has members and representatives in over 100 countries. 🤝 Members and affiliated organizations pursue our goals through independent action, using their own freely-chosen strategies. The association exists to promote the exchange of information and ideas, to study diverse strategies, and to foster fellowship. ✅ If you believe in the same values, support us! Join the movement https://liberty-intl.org/support-us/ 🌍 LI is building networks, organizations, and grassroots educational outreach around the world via our "Johnny Appleseed" strategy, including: Print and Internet liberty publications Sponsoring book translations in dozens of languages Sponsoring overseas youth-oriented Liberty Camps Organizing international conferences ➡ FOLLOW Liberty International to know more • https://linktr.ee/libertyinternational