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 […]
A World Without Work?
Tech entrepreneur Jeff Booth is very worried about the future. Technology, by its nature, tends to drive prices down. In theory, that should be a good thing. But our economic structures weren’t designed for a society driven by low prices. Under current conditions, less jobs and less money would spell disaster. With the increasing technology […]
Money is a Collective Delusion
Long ago, societies relied on the barter system, where people paid each other in goods and services. These days, you can’t pay for Amazon Prime with chickens or sacks of grain, or buy a new phone with a stack of animal skins. Instead, we use financial instruments like cash and credit and debit cards. But […]
Thinking About a Job Change?
The labor market has been especially volatile over the last few years, which has led to many people contemplating major career moves. But making a big change can be intimidating. For married couples, and especially people with children, the calculus is very complicated. Here’s a modest proposal: try implementing small changes before you make a […]
What Makes a Top CEO?
Since the mid-1900s, the degree to which a CEO is a key predicator of a company’s success has more than doubled. But over that same period, the job has become exponentially more difficult. Today’s CEOs must effectively manage new problems like technological change, a volatile workforce, and cybersecurity threats. On top of those challenges, more […]
How to Build Out Your Professional Network
Our brains have evolved to perceive strangers as a threat. So it’s not a surprise that you start to sweat when you walk into a large room of people you don’t know. Your heart beats faster, your breathing quickens, and your palms get clammy. Your nervous system wants you to run! Reframing the situation can […]
Don’t be a Scammer
We’re living through a new age of scammers. How many influencers have tried to sell you some dubious life-changing potion on Instagram? And don’t even get us started on the recent trend of crypto scams. Charles Schwab, the American investor and entrepreneur who built a huge financial services firm from scratch, had a key insight […]
Can the Fed Hold Off the Next Recession?
The U.S. Federal Reserve has an important job: to protect the American economy. That task has never been easy, but it’s gotten much harder over the last few years as the institution has responded to the twists and turns of the worldwide COVID crisis. With inflation and recession on everyone’s minds, the Fed’s next moves […]
The Two Faces of Saudi Arabia’s Crown Prince
In Saudi Arabia, crown prince Mohammed bin Salman Al Saud is expected to succeed his 86-year-old father, King Salman. (In practical terms, MBS is already in charge.) The West is watching as Joe Biden’s team negotiates with the Saudis about the terms of the leaders’ first talk, which is expected in the coming months. Over […]
God’s Get-Rich-Quick Scheme
Rabbi Daniel Lapin says that God has a plan for your life. And fortunately for you, that plan involves getting rich. Inspired by his Jewish faith and the Torah, Lapin has developed 10 commandments for making money. The first one is simple enough: believe in yourself, and your business. People often mistake the business world […]
