Economics

These posts cover financial and economic topics, including taxes, financing, macro- and micro-economics
Sep
13
Nothing Bad that Happens is your Fault

Nothing Bad that Happens is your Fault

What are you supposed to do? Not go out to eat? Not take your vacations? Not relieve your stress by on-line shopping? I think not. To do otherwise is to deny your very worth as a person.
4 min read
Aug
05
Try Using Economics To Steer Your Life (Newsletter 058)

Try Using Economics To Steer Your Life (Newsletter 058)

The basic rules of competition apply in many areas of life beyond buying goods and services.
5 min read
Jul
15
Can Big Government Spending Make Anything Better?(Newsletter 055)

Can Big Government Spending Make Anything Better?(Newsletter 055)

I'd argue that the single greatest problem in government is lack of accountability: we look only to the desirability of the policy objective and not to how well our policies achieve the intended result.
7 min read
Jul
01
What if Ray Dalio is Right? (Newsletter 053)

What if Ray Dalio is Right? (Newsletter 053)

Do you think we can face our challenges honestly? Will we allow division and internal struggles to lead to decline?
5 min read
Jun
24
A Solution to the College Debt Crisis (Newsletter 052)

A Solution to the College Debt Crisis (Newsletter 052)

Because of the intense societal pressure pushing kids to go to college, among high school graduates aged 16 to 24, around 70% are enrolled in college. But did you know that fully 40% of them never complete their degree?
7 min read
Apr
15
Why Aren't More Pharma Companies Non-Profits? (Newsletter 042)

Why Aren't More Pharma Companies Non-Profits? (Newsletter 042)

Is it possible for a company's successful pursuit of long-term profitability to create incentives that are harmful for their customers and for society as a whole?
5 min read
Apr
01
If You Don't Know The Costs Of Your Solution, You're Part Of The Problem (Newsletter 040)

If You Don't Know The Costs Of Your Solution, You're Part Of The Problem (Newsletter 040)

Greetings friends. Identifying problems is easy. You are not the first person or the only person to detect things that
8 min read
Mar
25
Who Are The Most Cost-Effective Employees? (Newsletter 039)

Who Are The Most Cost-Effective Employees? (Newsletter 039)

It is economically rational for companies to consider their total costs when hiring and promoting employees.
6 min read
Mar
11
Can We Pay Everyone The Same Salary? (Newsletter 037)

Can We Pay Everyone The Same Salary? (Newsletter 037)

The recommended living wage slightly exceeds today's actual median household income. This raises some interesting questions.
7 min read
Nov
26
Is Your Country A GDPaholic? (Newsletter 022)

Is Your Country A GDPaholic? (Newsletter 022)

People all over the world are telling us something about their well-being that is not being captured in measures of GDP. They are telling us this loudly and clearly if you look for the data, and policymakers are largely ignoring them.
8 min read