Economics

The Social Media Jam: Why Too Many Choices Leave Us Feeling Stuck 2
- Economics, Featured, Uncategorized
- April 3, 2025
There’s a famous experiment involving jams. Not problems, and not what old people call music, but the third thing: sweetened and thickened fruit spreads. The experiment famously showed that at some point having additional choices is overwhelming, and actually appears to make people worse off. There were actually three studies, though for some reason the “jam experiment” is
READ MORE
Make Government Efficient Again?7
- Economics, Featured, Politics
- November 20, 2024
President-elect Donald Trump has wasted no time since election day, having already announced a string of cabinet appointments—including Matt Gaetz as attorney general, Tulsi Gabbard as director of national intelligence, Elise Stefanik as United Nations ambassador, and Pete Hegseth as secretary of defense. But if there is one appointment that will really shake things up
READ MORE
Does the American Dream Really Cost $4.4 Million?1
- Culture, Economics, Featured
- October 18, 2024
Is the American Dream still possible? As inflation continues to bloat prices, we hear this question bandied about with increasing frequency. The answer depends a lot on how we define the “American Dream.” Investopedia’s version of the dream costs some $4.4 million over a lifetime—a figure that may place it out of reach for many
READ MORE

Fake Government Statistics 1
- Economics, Featured, Politics
- September 30, 2024
The Bureau of Labor Statistics recently admitted that 818,000 fewer jobs were added from March 2023 to March 2024 than previously reported. That’s no small number, and it’s an indication of how significant the issues with government statistics are. Unfortunately, this isn’t the only time that government agencies have misrepresented vital economic statistics. Though jobs
READ MORE
This Book Explains Every Political Argument 3
- Culture, Economics, Featured, Politics
- September 5, 2024
One of the curious things about political opinions is how often the same people line up on opposite sides of different issues. The issues themselves may have no intrinsic connection with each other. They may range from military spending to drug laws to monetary policy to education. Yet the same familiar faces can be found
READ MORE
You Need to Read Hayek 1
- Economics, Featured, Science
- September 4, 2024
He was one of those people who fit Justice Oliver Wendell Holmes’ definition of a great thinker with great impact on the world. The hallmark of such a thinker is not personal notoriety but the fact that ‘a hundred years after he is dead and forgotten, men who never heard of him will be moving
READ MORE