Everyday Economics for People

Introduction

Mental Heuristic #2: Never rent something you are going to use every day Mental Heuristic #3: Never own something you only want for a…

Mental Heuristic #4: Never pay more if you could pay less.

Mental Heuristic #8: Never trust the seller’s price descriptions; define a good deal through your own price comparisons.

Okay, but wait a minute. There’s actually another dimension here, and that is the trade-off between investing time in researching bargains…

The most important aspect of becoming wealthy is mastering yourself. Some of us were lucky to have been programmed well by our parents and…

In order to take maximum advantage of the businesses from whom you purchase goods and services and to whom you rent your skills and labor…

Now that we have a theoretical foundation for understanding the cyclical dynamics of the macro economy and how they affect individual…

Now that we have talked about you as a consumer, it’s time to talk about you as a producer. Have you ever had a job or been the primary…