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 ...
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 ...
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 ...
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 ...
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 ...
Whether making everyday choices in the grocery store, contemplating the cost of college or voting in an election, economic thinking can help us analyze the world around us to make more informed ...
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 ...
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 ...
Forbes contributors publish independent expert analyses and insights. AI researcher working with the UN and others to drive social change. The global economy stands at an inflection point. While ...
Allison Schrager is a Bloomberg Opinion columnist covering economics. A senior fellow at the Manhattan Institute, she is author of “An Economist Walks Into a Brothel: And Other Unexpected Places to ...