Economic Ideas

Much more than money, economics is about tradeoffs. Thinking economically involves cost and benefit, marginal analysis and seeing that there is no free lunch. Econlife tries to convey these economic ideas, which serve as the foundation of economics and help people make decisions personally, professionally and as voters.

How to Create a CEO

Firstborn children are more likely to become CEOs, politicians, and top managers because of the way their parents treated them.…