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🚧 Tariffs Explained: Why Trade Taxes Are Like Toll Booths

Nov 8, 2025

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6 min read

🚧 Tariffs Explained: Why Trade Taxes Are Like Toll Booths

Learn what a tariff is, how it works, and why it affects your wallet—even if you never travel abroad.

Econ Mike
Econ Mike
📈 Reading the BLS Jobs Report: How Fiscal Policy Fights a Recession

Nov 9, 2025

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12 min read

📈 Reading the BLS Jobs Report: How Fiscal Policy Fights a Recession

Understand the crucial BLS Jobs Report and how the government uses fiscal policy—like spending and taxes—to boost aggregate demand and pull the economy out of a recession.

Econ Mike
Econ Mike
💰 GDP Explained: The Nation's Scorecard 📊

Nov 27, 2025

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5 min read

💰 GDP Explained: The Nation's Scorecard 📊

Ever wondered how economists measure an entire country's financial health? This beginner's guide breaks down GDP (Gross Domestic Product) using a simple, relatable analogy.Suggested URL: EconMike.com/what-is-gdp

Econ Mike
Econ Mike
The Business Cycle Explained: Why the Economy Has Seasons 🍂🌷

Nov 29, 2025

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5 min read

The Business Cycle Explained: Why the Economy Has Seasons 🍂🌷

The economy doesn't move in a straight line. Learn the four stages of the business cycle, why recessions happen, and how to prepare your finances for every season.

Econ Mike
Econ Mike
Deflation Explained: Why Cheaper Isn’t Always Better 📉

Dec 2, 2025

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6 min read

Deflation Explained: Why Cheaper Isn’t Always Better 📉

Why are falling prices bad for the economy? Learn what deflation is, how it works, and why it can be harder on your wallet than inflation.

Econ Mike
Econ Mike
The Dual Mandate Explained: Driving the Economy Car 🚗

Dec 4, 2025

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5 min read

The Dual Mandate Explained: Driving the Economy Car 🚗

Why does the Fed touch interest rates? It’s to satisfy the Dual Mandate. Learn how the Federal Reserve balances jobs and prices to keep the economy steady.

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

Dec 5, 2025

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6 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.

Econ Mike
Econ Mike
Why Does My Coffee Cost More? Inflation Explained: The Shrinking Dollar 💸

Dec 8, 2025

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6 min read

Why Does My Coffee Cost More? Inflation Explained: The Shrinking Dollar 💸

Ever wonder why groceries cost more today than last year? Learn what inflation is, why it happens, and how to protect your money in this simple guide.

Econ Mike
Econ Mike
What Is Liquidity? The Speed of Cash 💸

Dec 9, 2025

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6 min read

What Is Liquidity? The Speed of Cash 💸

Ever heard the term "liquidity" and felt confused? Learn exactly what the concept means, why cash is king, and how asset availability impacts your financial safety.

Econ Mike
Econ Mike
Monetary Policy Explained: The Economy's Gas Pedal and Brake 🚗 💡

Dec 11, 2025

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5 min read

Monetary Policy Explained: The Economy's Gas Pedal and Brake 🚗 💡

Confused by interest rates? Learn what monetary policy is, how the Federal Reserve uses it to manage the economy, and exactly how it impacts your wallet.

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

Dec 11, 2025

•

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

Michael Truitt
Michael Truitt
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
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
Econ Mike
Why Do Things Cost What They Cost? Equilibrium Explained ⚖️

Dec 20, 2025

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6 min read

Why Do Things Cost What They Cost? Equilibrium Explained ⚖️

What Is Economic Equilibrium? A Beginner's Guide

Econ Mike
Econ Mike
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
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
Michael Truitt

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