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Ten Economic Lessons from The Treasure of the Sierra Madre
By Robert M. Whaples
This article appeared in the Winter 2014 issue of The Independent Review


Abstract

John Huston’s 1948 film classic The Treasure of the Sierra Madre demonstrates a clever grasp of economic principles. Watching it closely uncovers lessons about entrepreneurship, the importance of property rights, the creation of value, and many other topics—but, alas, no “stinkin’ badges.”



Other Independent Review articles by Robert M. Whaples
    Fall 2015   Hubris: Why Economists Failed to Predict the Crisis and How to Avoid the Next One
    Spring 2015   Skeptical Thoughts on a Taxpayer-Funded Basic Income Guarantee
    Winter 2015   A Feathered River across the Sky: The Passenger Pigeon’s Flight to Extinction
[View All (10)]



Volume 18 Number 3
Winter 2014

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