Welcome to the February edition of the Library of Economics and Liberty newsletter! As we dive into 2025, we're excited to highlight the content that's been sparking the most interest, discussion, and reflection from our readers.
From thought-provoking analyses on EconLog to timeless insights from the Concise Encyclopedia of Economics, this month's newsletter features some of the most popular content of the year so far, as well as our newest Articles and more. Whether you're curious about economic policy, fascinated by big ideas, or eager to explore fresh perspectives, there’s something here for everyone.
📈 Must-Read Posts from EconLog: Revisit the posts that captured the most attention and ignited conversation.
📚Encyclopedia Entries: The entries below are recently among the most read of this collection of clear, concise explanations of key economic concepts.
Marxism. “Marx was correct when he claimed that classical economists failed to adequately explain capitalist profits. But Marx failed as well.”
Great Depression. “The Great Depression is often called a ‘defining moment’ in the twentieth-century history of the United States. Its most lasting effect was a transformation of the role of the federal government in the economy.”
Tragedy of the Commons. Garrett Hardin explains this key economic concept that explains issues from overfishing to traffic congestion.
Thank you for being part of our community of engaged, curious minds. Happy reading—and here’s to more great ideas in 2025!
With our thanks,
The Econlib Team
