Economy
The “Trade Deficit” is a Misnomer
The United States, much like its global counterparts, employs a system of double-entry accounting to keep tabs on certain aggregate metrics collectively referred to as National Income Accounting. Among these…
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Lasted Economy
The Market Society Is a Pro-Social Society
They must persuade consumers that their product or service is worth exchanging their hard-earned money for. And in order to…
An Economic Approach to Homer’s Odyssey: Part II
The polities of Pylos and Sparta in Homer's epic, The Odyssey, offer a glimpse into the complex and nuanced political…
European motor finance sector faces turmoil amid US tariffs
The decision by the United States to impose 25% tariffs on imported vehicles from Mexico, Canada, and Europe has sent…
Don’t Substitute Tariffs for Income Taxes: You’ll Get Both
The original tax-swap bargain that was implemented within a decade had promising intentions, but unfortunately, both elements of the agreement…
Coase, the Rules of the Game, and the Costs of Perfection (with Daisy Christodoulou)
It disrupts the flow of the game, it disrupts the emotional intensity of the game. It disrupts the kind of…
Fintech GoCardless halves loss, targets full-year profit by 2026
Financial technology unicorn GoCardless has made significant progress in reducing its losses, with the aim of reaching full-year profitability by…
Australia shoppers lured by discounts, shore up economy in 4Q
Australian Retail Sales Dip in December, But Discounting Boosts Fourth Quarter Growth By Wayne Cole SYDNEY (Reuters) - Australian retail…
L.A. wildfire victims face financial anxiety amid recovery
The recent wildfires that ravaged Greater Los Angeles have left thousands of residents in financial and emotional turmoil. Alicia Kalvin,…