When I was studying for my doctorate in economics, a friend was studying for his in strategy. When I asked to explain the difference between the two fields, he said it boiled down to one thing — economists assume that companies behave optimally, while strategists try to find ways they can do better. In some corners of the econ …

  Another day, another refusal to admit that GOP efforts to repeal and replace the Affordable Care Act (ACA) are dead. In an interview with Fox Business that aired recently, President Donald Trump said it’s been “misreported” that his administration has failed in its efforts reform health care. He suggested that his party’s reforms will result in $900 billion in …

  Last week and last month and last year we were so close, minutes and moments away, from another Greek debt deal. Every newspaper on the Continent, and every politician quoted in them, told us so. They never said anything else. Consequently, I pay little attention to when they open their collective mouths and repeat the eulogy once again. If …