The Outcome Mindset

The work-life struggle is real. It’s an unfortunate fact that productivity tends to decrease in relation to how busy we are. It’s hard to set priorities when everything is important. Here’s a trick you can try the next time you’re struggling at work or at home: try to focus on outcomes. Whether you’re creating a […]

Why Big Government is Bad News

Too many people see the federal government as a parent, entrusted with the responsibilities of handing out allowance and enforcing the rules. At least that was the view of Milton Friedman, the figurehead of the Chicago school of economics and the thinker who, according to the Wall Street Journal, “reshaped modern capitalism.”  According to Friedman, the […]

The Life-Changing Magic of a Great Disguise

You may think of magicians as entertainers at children’s birthday parties, or the characters in the Harry Potter universe. But historically, some magicians have had very serious jobs, including John Mulholland, who was on staff at the Central Intelligence Agency.  It makes sense if you think about it. Like magicians, spies need to do a […]

Don’t be a Victim

You’ve probably noticed that movies and stories have four main types of characters: the victim, the villain, the hero, and the guide. These are the same roles we tend to play in life. In fact, it’s possible you play all four kinds of characters every single day. What’s important to realize is that the role […]

What Bad Economists Always Miss

With high gas prices, rising inflation, and far-reaching ripple effects from the COVID-19 pandemic, economists around the world have been busy trying to sort out what’s next. They’re on the news, on social media, and in the newspapers of record all day, every day—and it can be hard to know who to believe.  As you […]

Where does Equality Come From?

The French economist Thomas Piketty says that history bends toward equality. Since 1820, life expectancy has been rising all over the world, along with literacy rates. A college education, which was once considered class privilege, is now accessible to almost everyone. Across the world, the average income has been multiplied by 10. But some of […]

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