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This blog offers lists and direct explanations of important economic concepts and first principles. Check out our most recent posts below.

18 Examples of Intangible Goods

18 Examples of Intangible Goods

posted by John Spacey, last week
The definition of intangible good with examples.
45 Examples of Experience Goods

45 Examples of Experience Goods

posted by John Spacey, last week
The definition of experience good with examples.
What is Fiscal Dominance?

What is Fiscal Dominance?

posted by John Spacey, this month
An overview of fiscal dominance.
9 Characteristics of Capitalism

9 Characteristics of Capitalism

posted by John Spacey, this month
The basics of capitalism.
9 Characteristics of Communism

9 Characteristics of Communism

posted by John Spacey, this month
The definition and overview of communism.
What is Happiness Economics?

What is Happiness Economics?

posted by John Spacey, last month
An overview of happiness economics.
Inflation vs Deflation

Inflation vs Deflation

posted by John Spacey, last month
The difference between inflation and deflation.
What are Noise Traders?

What are Noise Traders?

posted by John Spacey, last month
The remarkable logic of noise traders.
What is Beta?

What is Beta?

posted by John Spacey, last month
An overview of beta, a measure of investment volatility.
What is Reflexivity?

What is Reflexivity?

posted by John Spacey, last month
An overview of reflexivity, an investing theory.
What is Alpha?

What is Alpha?

posted by John Spacey, last month
An overview of alpha, a measurement of investments.
Superabundance vs Scarcity

Superabundance vs Scarcity

posted by John Spacey, last month
Two ways of looking at environmental problems.
What is Sell On News?

What is Sell On News?

posted by John Spacey, last month
An overview of sell on news.
What is Stagflation?

What is Stagflation?

posted by John Spacey, last month
An overview of stagflation.
What is a Bull Trap?

What is a Bull Trap?

posted by John Spacey, last month
An overview of bull trap, an investing term.
5 Types of Shrinkflation

5 Types of Shrinkflation

posted by John Spacey, last month
The common types of shrinkflation.
What is Marginal Cost?

What is Marginal Cost?

posted by John Spacey, last month
An overview of marginal cost.
What is Capital?

What is Capital?

posted by John Spacey, last month
The definition of capital with examples.
13 Examples of Value Investing

13 Examples of Value Investing

posted by John Spacey, last month
A complete overview of value investing.
What is Wealth?

What is Wealth?

posted by John Spacey, last month
The definition of wealth with examples.
What are Time Preferences?

What are Time Preferences?

posted by John Spacey, last month
An overview of time preferences.
What are Switching Barriers?

What are Switching Barriers?

posted by John Spacey, last month
An overview of switching barriers.
What are Economies Of Scope?

What are Economies Of Scope?

posted by John Spacey, last month
Efficiency gained by variety.
What are Outlay Costs?

What are Outlay Costs?

posted by John Spacey, last month
Costs that are relevant to cash flows and liquidity.
What is a Giffen Good?

What is a Giffen Good?

posted by John Spacey, a few months ago
An odd exception to the law of supply and demand.
Customs Duty vs Excise Duty

Customs Duty vs Excise Duty

posted by John Spacey, a few months ago
The difference between customs duty and excise duty explained.
5 Examples of the Tyranny Of Small Decisions

5 Examples of the Tyranny Of Small Decisions

posted by John Spacey, a few months ago
An overview of the tyranny of small decisions with examples.
5 Examples of a Deadweight Loss

5 Examples of a Deadweight Loss

posted by John Spacey, a few months ago
An overview of deadweight loss with examples.
34 Examples of Friction Costs

34 Examples of Friction Costs

posted by John Spacey, a few months ago
An overview of friction cost with examples.
5 Examples of Tragedy Of The Commons

5 Examples of Tragedy Of The Commons

posted by John Spacey, a few months ago
An overview of the tragedy of the commons with examples.
9 Examples of Diseconomies Of Scale

9 Examples of Diseconomies Of Scale

posted by John Spacey, a few months ago
Disadvantages faced by large organizations such as bureaucracy.
What are Relevant Costs?

What are Relevant Costs?

posted by John Spacey, a few months ago
Costs that are within your power to change.
6 Examples of Menu Costs

6 Examples of Menu Costs

posted by John Spacey, a few months ago
The costs a firm incurs to change its prices.
What are Barriers To Exit?

What are Barriers To Exit?

posted by John Spacey, a few months ago
Obstacles to closing a business or discontinuing a service.
What are Abatement Costs?

What are Abatement Costs?

posted by John Spacey, a few months ago
Expenditures to reduce the pollution created by a business.
What are Bank Reserves?

What are Bank Reserves?

posted by John Spacey, a few months ago
A bank's holdings of deposits in accounts with their central bank plus any physical currency held in a bank's vaults.
What are Distress Costs?

What are Distress Costs?

posted by John Spacey, a few months ago
The definition of distress cost.
What is a Category Killer?

What is a Category Killer?

posted by John Spacey, a few months ago
The definition of category killer, a marketing term.
What is an Excise Duty?

What is an Excise Duty?

posted by John Spacey, a few months ago
An inland tax on the production or sale of goods.
Amortization vs Depreciation

Amortization vs Depreciation

posted by John Spacey, a few months ago
The difference explained.
4 Examples of Monthly Recurring Revenue

4 Examples of Monthly Recurring Revenue

posted by John Spacey, a few months ago
A definition of monthly recurring revenue (MRR) with examples.
What is Overexploitation?

What is Overexploitation?

posted by John Spacey, a few months ago
Overuse of a renewable resource to the point that it is no longer renewable.
4 Examples of a Static Budget

4 Examples of a Static Budget

posted by John Spacey, a few months ago
A definition of static budget with examples.
11 Examples of Business Economics

11 Examples of Business Economics

posted by John Spacey, a few months ago
The definition of business economics with examples.
What is Post Scarcity?

What is Post Scarcity?

posted by John Spacey, a few months ago
An overview of post-scarcity.
What are Gains From Trade?

What are Gains From Trade?

posted by John Spacey, a few months ago
The net gain achieved by countries, organizations or individuals from trade.
What are Legacy Costs?

What are Legacy Costs?

posted by John Spacey, a few months ago
An overview of legacy costs with examples.
What is Creative Destruction?

What is Creative Destruction?

posted by John Spacey, a few months ago
An overview of the economic theory of creative destruction.
5 Examples of a Currency War

5 Examples of a Currency War

posted by John Spacey, a few months ago
The definition of currency war with examples.
What is a Transaction?

What is a Transaction?

posted by John Spacey, a few months ago
A definition of transaction.
What are Overhead Costs?

What are Overhead Costs?

posted by John Spacey, a few months ago
An overview of overhead costs.
4 Types of Concept Company

4 Types of Concept Company

posted by John Spacey, a few months ago
The common types of concept company.
What is an Appellation?

What is an Appellation?

posted by John Spacey, a few months ago
A definition of appellation with an example.
What is a Superior Good?

What is a Superior Good?

posted by John Spacey, a few months ago
The definition of superior good.
Food Economics Guide

Food Economics Guide

posted by John Spacey, a few months ago
A list of food economics principles.
What is Comparative Advantage?

What is Comparative Advantage?

posted by John Spacey, a few months ago
An overview of comparative advantage with examples and comparisons.
What is a Falling Knife?

What is a Falling Knife?

posted by John Spacey, a few months ago
A definition of falling knife.
What is a White Elephant?

What is a White Elephant?

posted by John Spacey, a few months ago
A troublesome asset that is high maintenance and expensive to retire.
What is Cost Of Capital?

What is Cost Of Capital?

posted by John Spacey, a few months ago
The cost of a firm's funds including both cost of equity and cost of debt.
6 Examples of a Channel Check

6 Examples of a Channel Check

posted by John Spacey, a few months ago
The definition of channel check with examples.
5 Examples of Process Capital

5 Examples of Process Capital

posted by John Spacey, a few months ago
An overview of process capital with examples.
What is a Step Cost?

What is a Step Cost?

posted by John Spacey, a few months ago
An overview of step costs.
What is Mr. Market?

What is Mr. Market?

posted by John Spacey, a few months ago
A definition of Mr. Market, an investing theory.
What is Cost Of Goods Sold?

What is Cost Of Goods Sold?

posted by John Spacey, a few months ago
An accounting term for the direct costs of products or services.
What is Speculation?

What is Speculation?

posted by John Spacey, a few months ago
A financial position or strategy that attempts to make money from a zero-sum game that produces little or no actual economic value.
100+ Economics Terms

100+ Economics Terms

posted by John Spacey, a few months ago
A few common economics terms explained.
5 Examples of Innovation Capital

5 Examples of Innovation Capital

posted by John Spacey, a few months ago
A definition of innovation capital with examples.
What is the Invisible Hand?

What is the Invisible Hand?

posted by John Spacey, a few months ago
A metaphor for the unintended global or national impact of individual choices.
What is a Customs Duty?

What is a Customs Duty?

posted by John Spacey, a few months ago
The definition of customs duty.
11 Examples of Rational Choice Theory

11 Examples of Rational Choice Theory

posted by John Spacey, a few months ago
The definition of rational choice theory with examples.
52 Examples of Economic Conditions

52 Examples of Economic Conditions

posted by John Spacey, a few months ago
A list of economic conditions.
Capital Sitemap

Capital Sitemap

posted by John Spacey, a few months ago
A list of common types of capital.
7 Examples of Capital

7 Examples of Capital

posted by John Spacey, a few months ago
The basic types of capital with examples of each.
Finance Sitemap

Finance Sitemap

posted by John Spacey, a few months ago
A guide to finance.
12 Examples of an Inferior Good

12 Examples of an Inferior Good

posted by John Spacey, a few months ago
A produce or service that you consume less as your income rises.
6 Examples of a Common Good

6 Examples of a Common Good

posted by John Spacey, a few months ago
The definition of common goods with examples.
31 Types of Goods

31 Types of Goods

posted by John Spacey, a few months ago
The common types of goods.
Sustainable Economics Guide

Sustainable Economics Guide

posted by John Spacey, a few months ago
A list of sustainable economies principles, theories and models.
18 Examples of Consumer Discretionary

18 Examples of Consumer Discretionary

posted by John Spacey, a few months ago
The definition of consumer discretionary with examples.
What are Sunk Costs?

What are Sunk Costs?

posted by John Spacey, a few months ago
A business or investment expenditure that has already been made that can't be recovered.
15 Types of Scarcity

15 Types of Scarcity

posted by John Spacey, a few months ago
A complete overview of scarcity with examples.
50 Examples of Economic Outcomes

50 Examples of Economic Outcomes

posted by John Spacey, a few months ago
A list of common economic outcomes.
14 Types of Budget

14 Types of Budget

posted by John Spacey, a few months ago
An overview of the common types of budget.
19 Types of Efficiency

19 Types of Efficiency

posted by John Spacey, a few months ago
A list of efficiency measurements.
101 Examples of Economics

101 Examples of Economics

posted by John Spacey, a few months ago
Everyday examples of economics.
Economics Guide

Economics Guide

posted by John Spacey, a few months ago
Economics sitemap.
What is Customary Pricing?

What is Customary Pricing?

posted by John Spacey, a few months ago
A definition of customary pricing with an example.
3 Examples of a Price Floor

3 Examples of a Price Floor

posted by John Spacey, a few months ago
An overview of price floors with examples.
21 Types of Investment

21 Types of Investment

posted by John Spacey, a few months ago
A few articles about investing.
40 Examples of Price Economics (2023)

40 Examples of Price Economics (2023)

posted by John Spacey, a few months ago
A list of price economics principles and theories.
15 Examples of Competitiveness (2023)

15 Examples of Competitiveness (2023)

posted by John Spacey, a few months ago
An overview of economic competitiveness with examples.
78 Examples of Social Capital (2023)

78 Examples of Social Capital (2023)

posted by John Spacey, a few months ago
The definition of social capital with examples.
57 Examples of Financial Management

57 Examples of Financial Management

posted by John Spacey, a few months ago
An overview of financial management with examples.
What is Self-Defeating Predictability?

What is Self-Defeating Predictability?

posted by John Spacey, a few months ago
Why things aren't as predictable as they may seem.
What is the Matching Principle?

What is the Matching Principle?

posted by John Spacey, a few months ago
A principle of financial accounting.
7 Examples of Economic Problems

7 Examples of Economic Problems

posted by John Spacey, a few months ago
Several types of severe economic problems.
Efficiency vs Productivity

Efficiency vs Productivity

posted by John Spacey, a few months ago
The difference between efficiency and productivity.
20 Examples of Lifetime Cost

20 Examples of Lifetime Cost

posted by John Spacey, a few months ago
The total costs of a product, service or asset over its lifetime.
What are Transaction Costs?

What are Transaction Costs?

posted by John Spacey, a few months ago
The definition of transaction costs.
26 Examples of Economic Context

26 Examples of Economic Context

posted by John Spacey, a few months ago
An overview of economic context with examples.

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