TODD HIRSCH
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  • About Todd
    • Books
    • Commentary
    • BIOGRAPHY and IMAGES
  • SPEAKING TOPICS
  • Spiders in COVID Space
  • Request Todd to speak
  • CONNECT

A Spanish lesson in economics

6/20/2014

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Economic principles are at work everywhere you look. This month, I had the chance to visit Spain, a country that’s been the focus of much unwanted attention about the abysmal state of its economy. During my trip, two examples of economic principles were highlighted – one hilarious, the other quite tragic.
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The hilarious example comes from microeconomics and theories of the profit-maximizing firm. As we sat at a Valencian café in a beautiful, sun-soaked plaza enjoying our tapas and pintxos, a young lady came by our table offering samples of baguette drizzled with a new brand of olive oil she was promoting. With one bite, I swore I’ve never tasted a more delicious olive oil in my life.

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For mutual prosperity, B.C. and Alberta should just try to get along Add to ...

6/5/2014

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What would the perfect economy look like? A decent-sized market of about 10 million people, tide water access to Asia, plentiful mineral and energy resources, rich agricultural land, abundant forestry, a highly educated population, a liberal democratic government, and low corruption. Throw in stunning natural scenery and two of The Economist’s most livable cities in the world – and there you’d have it: economic perfection.


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