Dear elites: Did you learn your lesson?

Populism: The "overnight" problem 40 years in the making

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  • A globalized, interconnected world doesn't necessarily work for everyone... especially on the rural (and hyper-local) levels.
  • While many got massively rich from technology and globalized trade it left many feeling locked out.
  • Anand focuses on the rise of Trump and the huge popularity of Bernie Sanders to highlight the fact that the majority aren't satisfied with the current state of capitalism.
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Mercantilism: The theory that explains Trump’s trade war

Mercantilism, the oldest thing in economics, is back in a big way.

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  • The use of tariffs by the Trump administration has confused more than a few leading economists.
  • The policy and the motivations behind them do reflect an economic theory with a long tradition: mercantilism.
  • Understanding mercantilism can help us understand why there is a call for more tariffs, and what might happen to the economy as a result of them.
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How super rich companies harm us all — and try to cover it up

Just because a company does incredibly well financially doesn't mean that it does any good for the people. How can we change that?

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  • Huge corporations are often built upon the backs of very cheap labor. So while the stock prices go up, the lives of the workers goes down.
  • Corporate taxes could offset the harm that these behemoth companies do. But there's a lot of opposition to raising taxes.
  • Another option would be to classify companies entirely differently than we do now.
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7 prophetic writings by American presidents

These seven presidents had a window into the future—or were really good guessers.

  • Presidential candidates run on platforms of change and are elected by those who desire their vision of the future.
  • We look at seven times presidents' writings that have been oddly, if accidentally, prophetic.
  • Of course, there may be some hindsight bias in our selections.
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What would happen if America defaulted on its debt?

Sure we know it would be bad, but what do all of these scary numbers really mean?

  • At the press time, the value was $21.7 trillion dollars.
  • Lots of people know that a default would be bad, but not everybody seems to get how horrible it would be.
  • While the risk is low, knowing what would happen if a default did occur is important information for all voters.
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