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Founder Michael Truitt

How Does the Labor Market Work? The Giant Skills Supermarket Explained 🛒

Feb 28, 2026

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6 min read

How Does the Labor Market Work? The Giant Skills Supermarket Explained 🛒

Wondering how the labor market impacts your career, salary, and wallet? This beginner-friendly guide explains job markets, unemployment, and why it matters.

Econ Mike

The Economy’s Price Tag: What "Price Level" Actually Means for Your Wallet 🏷️

Feb 10, 2026

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4 min read

The Economy’s Price Tag: What "Price Level" Actually Means for Your Wallet 🏷️

Your Wallet's Hidden Enemy Explained!

Econ Mike

Feb 7, 2026

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7 min read

What Is Supply and Demand?

Why do prices go up and down? Learn the basics of supply and demand in plain English. Discover how this rule affects your savings, salary, and shopping.

Econ Mike

The Unemployment Rate Explained: The Economic Game of Musical Chairs 🪑

Feb 3, 2026

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6 min read

The Unemployment Rate Explained: The Economic Game of Musical Chairs 🪑

Confused by the unemployment rate? We break down exactly what it is, how it’s measured, and why this one number impacts your salary and job security.

Econ Mike

Income Explained: The Water Filling Your Financial Bucket 🪣

Jan 31, 2026

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6 min read

Income Explained: The Water Filling Your Financial Bucket 🪣

Wondering exactly how income works? We break down the difference between gross and net pay, active vs. passive earnings, and why understanding your income is the first step to wealth.

Econ Mike

Bitcoin Explained: The Digital Gold in Your Pocket 🪙

Jan 27, 2026

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4 min read

Bitcoin Explained: The Digital Gold in Your Pocket 🪙

Discover what Bitcoin is, how it works, and why it matters for your future—explained with simple analogies and zero jargon.

Econ Mike

Technology & The Economy: The Engine of Prosperity 🚀

Jan 24, 2026

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7 min read

Technology & The Economy: The Engine of Prosperity 🚀

What Is Technology in Economics? A Beginner's Guide

Econ Mike

Wages Explained: What Is the Price Tag on Your Time? 🏷️

Jan 22, 2026

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5 min read

Wages Explained: What Is the Price Tag on Your Time? 🏷️

Confused about your paycheck? We explain what wages are, the difference between "real" and "nominal" pay, and why it matters for your financial freedom.

Econ Mike

The Hidden Cost of Choosing: Opportunity Cost Explained

Jan 20, 2026

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5 min read

The Hidden Cost of Choosing: Opportunity Cost Explained

Have you ever heard the phrase, "There's no such thing as a free lunch?"

Econ Mike

Capital Explained: The Seeds of Your Financial Future 💡

Jan 13, 2026

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7 min read

Capital Explained: The Seeds of Your Financial Future 💡

Confused about capital? Discover the difference between cash and capital. Learn the three main types. See how to use them to grow your wealth today.

Michael Truitt

Gold Explained: The World’s Financial Life Jacket ⚓

Jan 3, 2026

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5 min read

Gold Explained: The World’s Financial Life Jacket ⚓

Discover why gold has been a financial powerhouse for centuries. Learn how it works, why it matters for your savings, and how to get started.

Econ Mike

Why Do Things Cost What They Cost? Equilibrium Explained ⚖️

Dec 20, 2025

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7 min read

Why Do Things Cost What They Cost? Equilibrium Explained ⚖️

What Is Economic Equilibrium? A Beginner's Guide

Econ Mike

Consumption Explained: The Fuel That Powers the Economy ⛽

Dec 16, 2025

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7 min read

Consumption Explained: The Fuel That Powers the Economy ⛽

Learn why your daily spending powers the economy. We explain consumption, goods, and services simply so you can master your financial health.

Econ Mike

Why Do We Trade? International Trade Explained: The Global Potluck 🍲

Dec 13, 2025

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6 min read

Why Do We Trade? International Trade Explained: The Global Potluck 🍲

Why do countries trade? Discover how international trade lowers prices, increases variety, and impacts your wallet in this simple guide.

Econ Mike

Economic Growth Explained: Why a Bigger Pie Means a Better Life 🥧

Dec 11, 2025

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5 min read

Economic Growth Explained: Why a Bigger Pie Means a Better Life 🥧

Confused by news reports on the economy? We explain what economic growth is, how it’s measured, and exactly how it impacts your paycheck and investments.Suggested URL: EconMike.com/what-is-economic-growth

Econ Mike

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