Author: EconLearner

Most high earners are shocked to discover that intelligence can actually work against you when it comes to building wealth.

WASHINGTON – DECEMBER 17: Former Federal Reserve Chairman Alan Greenspan testifies during a Senate Homeland Security and Governmental Affairs Committee hearing on Capitol Hill December 17, 2009 in Washington, DC. The committee hears testimony about why Congress should create a bipartisan task force to help secure America’s economic future and proposals for securing it. (Photo by Mark Wilson/Getty Images)Getty ImagesAlan Greenspan was out of government and worried that his staff were not being thorough enough in their analysis. One was “telling clients that a hot housing market” was “overwhelming the economy.”No problem, the empiricist at Greenspan would do his own…

There is growing evidence that incarceration leads to premature deaths. Life expectancy is a growing part of the problems with incarceration, even as inmates grow up in prison.gettyA growing body of research is revealing what many formerly incarcerated people have long understood through lived experience: the consequences of incarceration do not end with release. Beyond barriers to employment, housing and social reintegration, incarceration appears to leave a lasting biological imprint that follows people into old age.A recent analysis published by the Prison Policy Initiative highlights new research showing that incarceration is associated with shorter life expectancy and a significantly higher…

Midas List investor Reshma Sohoni’s Seedcamp has backed some of Europe’s best startups. Now, it’s back with a new fund to support a new batch of AI, robotics and deeptech founders.SeedcampWhen Reshma Sohoni founded London-based Seedcamp in 2007, the pitch was simple: support Europe’s best founders. For almost two decades, the fund wrote some of the first checks to companies such as automation startup UiPath, Danish fintech Pleo and most notably digital bank Revolut. These investments helped turn the $23 million Seedcamp raised for its third fund in 2014 into over $446 million. The UK fund’s net internal rate of…

TOPSHOT – Smoke and fire rise from the Dormition Cathedral in the Kiev Pechersk Lavra Orthodox complex after a Russian missile attack in the Ukrainian capital of Kiev on June 15, 2026, amid the Russian invasion of Ukraine. Russia launched a barrage of missiles at several major Ukrainian cities, setting fire to Kiev’s historic Dormition Cathedral and killing nine. (Photo by Genya SAVILOV/AFP via Getty Images)AFP via Getty ImagesThe destruction of the Dormition Cathedral in the Kiev-Pechersk Lavra during Russia’s attack on Kiev on June 15, 2026 should have shocked the world. After all, it’s not just another church. Founded…

Aerial view of the World Cup logo formed by artists during the opening ceremony for the 1994 FIFA World Cup Final on June 17, 1994 at Soldier Field Stadium in Chicago, Illinois, United States. (Photo by Todd Rosenberg/Allsport/Getty Images)Getty ImagesTaylor Swift’s Eras Tour was a smashing success, but by no means sparked domestic or global economic growth. The opposite is more likely. More on the Swift tour in a bit. For now, it is useful to point out an obvious truth that gets lost in Keynesian economic religion: No act of saving ever takes away from demand. All demand is…

LAS VEGAS, NEVADA – JUNE 20: Manel Kape of Angola prepares to face Kyoji Horiguchi of Japan in a flyweight bout during the UFC Fight Night event at Meta APEX on June 20, 2026 in Las Vegas, Nevada. (Photo by Chris Unger/Zuffa LLC)Zuffa LLCManel Cape likely just secured a title shot as he avenged his 2017 loss Kyoji Horiguchi via third-round TKO. While Cape may have to wait for champion Joshua Vaughn to give Alexander Pantoya his rematch, there’s no doubt that Starboy should be next. Let’s talk about UFC Fight Night results and bonuses.Key facts at a glanceEvent: UFC…

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Longtime public health professional Nina Schwalbe, MPH, PhD, (pictured here at right) is running to succeed retiring U.S. Rep. Jerry Nadler (D) as the representative for Manhattan’s 12th Congressional District. (Photo: Maxim Shapovalov)Maxim ShapovalovIt’s simple. In a supposed democracy, if you want the government to do more to help the health and welfare of the people, you can just run for Congress and get elected, right? Well, that’s essentially what longtime public health practitioner and leader Nina Schwalbe, MPH, PhD, has said she wants to do in her bid to succeed retiring U.S. Rep. Jerry Nadler (D) as representative for…