Topic
Economics
What Inflation Actually Measures, and What It Misses
The headline number is an average over an imaginary basket. Here is how it is built, and why your own prices can differ from it.
Sagnik Halder · 2 min readLatest
HOUSINGWhy Cities Struggle to Build Homes QuicklyRules, costs and local politics all slow a new home down. Each exists for a reason, which is why changing them is hard.2 min readTRADEA Short History of the Tariff DebateGovernments have taxed imports for centuries. The arguments for and against have changed less than you might expect.2 min readWAGESWhat a Pay Rise Is Really WorthA raise is quoted in money, but what counts is what that money buys. A simple check shows whether you came out ahead.2 min readMORTGAGESHow Interest Rates Reach Your MortgageA central bank sets one rate. The rate you pay is built from that, from what lenders expect next, and from you.2 min readSMALL BUSINESSWhat Changes When a Small Business Hires Its First EmployeeThe first hire turns a founder's income into a payroll. It helps to know the full cost, and what the job is for, before saying yes.2 min read