A Mind for the Ages
Column Published in syndication March 01, 2017

Economic theory can admittedly be simultaneously boring and incomprehensible at times, but is critical to our understanding of the functioning of markets, businesses, and consumers. Its concepts inform the structure and actions of governments and central banks, improve policies and social services, and enhance job markets. From the most rudimentary barter systems of trade centuries ago to the complex, multifaceted transactions common in the world today, economic concepts are essential to social progress and opportunity.