American History

What Caused the Great Depression? Exploring the Smoot-Hawley Tariff

December 1, 2017

To see how economic mistakes can repeat time and again, you need look no further than recent history. The Great Depression was the result of a combination of protectionism, populism, and nationalism that combined with bad government policy to make a toxic brew that mired the U.S. and much of the world in an economic downturn for nearly a decade. These collapses demonstrate how easy it is to assume large-scale economic failures are isolated when in fact they are immersed in long-standing philosophies and can have immense global ramifications. […]

A bank sign on top of a high rise building
Business and Economics

How Banks Endanger The Financial System

July 3, 2017

After the global financial crisis of 2008, regulators in a number of countries proposed rules to insulate traditional banking (taking deposits and making loans) from the risks associated with other financial services. […]

Businessman playing chess game reaching to plan strategy for success
Business and Economics

Games That Businesses Play — 3 Famous Examples of Failed Business Strategy

April 10, 2017

Sun Tzu reminded us of the importance of analyzing your enemy, understanding your competitor. This is crucial in business strategy, as well as in the military. Strong businesses put themselves in the shoes of their rivals, and they try to anticipate how those competitors will react. And they use that information to help them plot a more effective strategy. […]

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