The 2024 presidential election was centered on Americans’ “pocketbook” concerns. As President-elect Donald Trump recently said, “I won on groceries,” and he isn’t wrong. Whether it’s the cost of ...

One idea unites the left and right lately: a zero-sum view of the world. Unfortunately, nice as it would be to hail a rare instance of ideological harmony, both sides are very much mistaken. Perhaps ...

In an interview with Time magazine, President Trump explained how he approaches tariffs and trade negotiations. I use the word “explained” with some trepidation because explanations imply a certain ...

Has any politician ever taken Econ 101? If so, did anyone pass? On the Republican side, why don’t they get the idea that mutually advantageous trade leads to lower prices, higher employment and ...

Chess, a zero-sum game, here seen played at a strategy session at Camp David in 1978 between the Israeli prime minister and the US National Security Advisor. The concept of zero-sum thinking ...

One of the myths of modern business is that the future requires invention, including new technologies, new systems and new models powerful enough to outrun the limits we’ve already encountered. But ...

A fundamental economic principle is that voluntary trade creates wealth, and the more people trade, the greater their well-being. Most economists agree that the more a nation’s citizens can trade with ...

A new dawn for economic design: reimagining capitalism through the lens of justice and inclusion. Unsplash+ Philosopher John Rawls introduced a provocative thought experiment called the “Veil of ...

Last year, I wrote about how there are four different ways your view of the economy can be informed: hard economic data, soft economic data, the stock market, and your personal biases. The point is ...

Many real estate investors don’t set out to build rental businesses. Rather, they stumble into them. Think of the Gen Xer who just inherited their parent’s home, the professional who’s moving out of ...