Understanding free markets and economics requires that one first understand some of the fundamental concepts upon which sound economic reasoning is based. Frequently, articles and discussions about economic issues begin based on faulty premises or unsound reasoning. I want the readers of this blog to have access to a clear description of some of the basic fundamentals in economic thinking.
Because of the dynamics of blogging if I describe these fundamentals on a blog post they would continue to recede into the past and would become relatively inaccessible to a reader. For that reason, I want to place the description of these concepts unfixed pages to which I can refer in future blog posts.
The first pages that I will include in the section will be:
By making these concepts readily accessible to readers I hope to make dynamic blog posts more meaningful.
Please leave comments for any ideas I express in this fundamentals section that you might find incomplete or confusing.