Economic Lessons for 2025 and Beyond
We have spent weeks talking about economics — from broken windows to inflation, from tariffs to rent …
Read ArticleWe have spent weeks talking about economics — from broken windows to inflation, from tariffs to rent …
Read ArticleIn 2021, a used Toyota Camry cost more than a new one did in 2019. A sheet of plywood that cost $10 …
Read ArticleImagine you hire a plumber. He floods your kitchen. You hire him again. He floods your basement. You …
Read ArticleImagine three people sitting at a table. Person A looks out the window and sees Person X struggling …
Read ArticleYour friend tells you he just signed up for a “buy now, pay later” plan for a new …
Read ArticlePeople think their savings sit in a vault somewhere. That when you deposit $10,000 in a bank …
Read ArticleEvery time the economy slows down, you hear the same refrain: people need to spend more. Consumer …
Read ArticleIf you read about how inflation redistributes wealth from the last recipients of new money to the …
Read ArticleThere is a meme that captured more economic truth than most textbooks: “money printer go …
Read ArticleOpen Twitter. Search “corporate profits.” You will find thousands of people who …
Read ArticleThere is an argument you hear every time wages come up. It sounds so reasonable that most people …
Read ArticleThe United Auto Workers went on strike in 2023 and won a 25% pay raise over four years. Headlines …
Read ArticleWalk into a McDonald’s in any major US city today and count the cashiers. Then count the …
Read ArticleSomewhere in Stockholm right now, a 25-year-old is putting their name on a waiting list for a …
Read ArticleIn 2015, Venezuela had the cheapest groceries on the continent. By 2018, the shelves were empty. Not …
Read ArticleNo government on Earth has ever stood at a podium and said “we want to raise commodity prices …
Read ArticleOpen Uber during a rainstorm and watch the surge multiplier climb. $12 becomes $38. Your first …
Read ArticleEvery dying industry has the same speech. “If we go down, we take everyone with us.” …
Read ArticleThere is a pitch that has been running for over a century, and it still works every time. It goes …
Read ArticleHere is something that should embarrass every country on the planet. Every nation simultaneously …
Read ArticleTheory is nice. But let us talk about what tariffs actually did in the real world, with real …
Read ArticleEvery politician who pushes a tariff tells the same story. “We need to protect our workers. …
Read ArticleEvery politician in every country in the world has said the words “creating jobs” at …
Read ArticleThere is a paradox that apparently nobody in the public conversation has noticed. The same people …
Read ArticleEvery six months, a new headline tells you robots are coming for your job. ChatGPT is replacing …
Read ArticleOpen any social media platform right now and someone is panicking about ChatGPT replacing their job. …
Read ArticleYour buddy wants to start a restaurant. He has never cooked professionally, has no business plan, …
Read ArticleYour friend just got a raise. He is now making $150,000 a year. Great, right? Except he lives in …
Read ArticleYour city just announced a new $2 billion light rail project. The mayor is at the podium, hard hat …
Read ArticleA hurricane rips through Florida. Two weeks later, some commentator on CNBC says, “Well, the …
Read ArticleYou open your grocery app. Eggs cost twice what they did two years ago. You check Twitter and some …
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