Economics

These posts cover financial and economic topics, including taxes, financing, macro- and micro-economics
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)

Here's where things get difficult fast: identifying which problems are worth focusing on, and which solutions are worth pursuing among many possible approaches.
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
Nov
23
Where Does The 2% Inflation Target Come From Anyway?

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"?
7 min read
Oct
15
You Get What You Incentivize (Newsletter 016)

You Get What You Incentivize (Newsletter 016)

If your appetite is unlimited, no amount will ever be sufficient to satisfy your wants. No amount of tax is "fair" when there is no limit on what you aim to spend and redistribute.
7 min read
Oct
08
How Does It Benefit Me? (Newsletter 015)

How Does It Benefit Me? (Newsletter 015)

We are not entitled to unlimited freedom at the expense of our fellow citizens.
7 min read