Paradise Found
How Valuable is Consistency? (Newsletter 068)
It takes discipline and conviction to stay true to a slow but steady course. Particularly when you're regularly confronted with examples of instant success.
Economics
These posts cover financial and economic topics, including taxes, financing, macro- and micro-economics
Watch Out!
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.
Newsletters
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.
Newsletters
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.
Newsletters
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?
Newsletters
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?
Newsletters
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?
Newsletters
If You Don't Know The Costs Of Your Solution, You're Part Of The Problem (Newsletter 040)
Here's where things get difficult fast: identifying which problems are worth focusing on, and which solutions are worth pursuing among many possible approaches.
Newsletters
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.
Newsletters
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.
Newsletters
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.
My Two Cents
Where Does The 2% Inflation Target Come From Anyway?
Would you rather have greater purchasing power, or "output that is close to the economy's maximum sustainable level of output"?