The Professional Mindset

Have you ever noticed that some people seem to be consistently successful at complex and creative tasks, while others see only fitful success and repeated failure? The difference might not lie in talent or motivation, but simply in mindset—in the way these tasks are approached by people who take a professional mindset vs. the great […]

A Beatles Secret

Are you a Beatles fan? If you are, you might be interested to know that Bill Wyman, former bass player with the Rolling Stones and professional photographer, has ranked all 213 songs the Fab Four produced, from worst to best, with an insider’s analysis of the music and formulation of each song—and criticism (for the […]

Aging Without Support

Probably the most forgotten minority in America is the “elder orphans”—aging retirees who no longer have a spouse (if they ever had one), no kids and no caregiver.

According to The Gerontologist magazine, about one-third of 45 to 63-year-olds are single, and most of them never married or are divorced. Meanwhile, about 15% of 40-44-year-old […]

Banking Retreat

Low interest rates and added regulation designed to head off another global financial crisis has made it more expensive and complicated to run a banking operation these days. Gone are the heady days when banks were building 200 new brick and mortar locations a month in the U.S. market, leading up to the market top […]

Super Babies or New Rules?

You probably noticed the headlines: for the first time, U.S.-based scientists have genetically modified a human embryo. This follows similar news from China, which, like the U.S., has touted the ability to correct defective genes that cause inherited diseases like cystic fibrosis, or to resolve the predilection to cancer or heart disease.

This marks the […]

Custom Insurance

When you think of insurance, chances are what first comes to mind is life insurance, which protects against premature death and therefore the loss of a lifetime of income. You might also think of car insurance, which helps pay the costs of an accident, and disability insurance, long-term care insurance and homeowners’ insurance. The underlying […]

Migrating to Opportunity

Companies tend to reward loyalty in their employees. Right?

A recent article on the Forbes website uses simple math to suggest that loyal employees who stay employed at the same company for over two years at a time might be earning 50% less over 10 years, compared with less-dedicated workers who seek opportunity elsewhere.

The […]

Navigating NAFTA

You probably know that representatives from Canada, Mexico and the U.S. are meeting at this moment to renegotiate the North American Free Trade Agreement (NAFTA)—and, in the words of President Trump, get “a better deal for America.” But what IS NAFTA, and what are the chances that this time around the provisions will favor jobs […]

Pictures That Tell a Story

They say a picture speaks a thousand words, and that means, to an economist, that sometimes it’s easier to communicate something complicated with a chart or a graph rather than a lot of explanatory text.

So it is with three charts and a picture, selected for the eye-opening perspective they offer. The first, in […]

Border Security: Safer but Poorer

In an effort to secure the U.S. borders, the President has attempted to ban visitors from seven Muslim-majority countries, and is meanwhile quietly instituting “extreme vetting” of visitors from other nations—asking them to turn over their phones, social media passwords and financial records. Even U.S. citizens are experiencing more scrutiny when they attempt to return […]