It’s a depressing adage we’ve all heard time and time again: “an increase in technology does not necessarily translate to an increase in productivity.” Put another way by Robert Solow, a Nobel laureate in economics, “You can see the computer age everywhere but in the productivity statistics.” In other words, just because our computers are…

According to virtually every religious and ethical tradition, meaningful charity does not draw attention to the giver, and dignified charity does not draw attention to the recipient.  Here I will offer an economist’s perspective on the Biblical injunction to “let not the right hand know what the left is doing” in charitable giving and will…

On Election Day, millions of people will go to the polls and vote for either Republican candidate John McCain or Democratic candidate Barack Obama. And they will do so for the wrong reasons. Instead of voting for the candidate on the ballot who would best represent their views, they will vote for McCain…

We live in world full of pressures to conform: to believe what others tell us is true, to toe the line, to accept the values of those in positions of power, and to follow conventional, approved paths. That’s the way to get on in life and business, we are told. You need to fit in…

You did not study business nor major in economics, though we need the knowledge to understand What is economics – how does it relate to individuals, and how do production, distribution, and goods and services work? Understand this will give you some edges on business, investment etc. Here are some top resources to learn…