the lazy economist

The Lazy Economist: Explaining the Dow

When reporting on the economy, news sources will refer to something called “The Dow,” a term that’s used often but rarely explained.Continue...

The Lazy Economist: The numbers behind the OSAP cuts

After the controversy surrounding the Ford government’s recent changes to OSAP, we’re going to run you through some of the numbers that led the government to justify its decision.Continue...

The Lazy Economist: Breaking down tax systems

If there’s any constant in life, it's taxes.Continue...

The Lazy Economist: How insurance companies work

Insurance can be a mysterious part of adult life.Continue...

The Lazy Economist: What you need to know about stock shorting

If all you took away from the movie The Big Short was an image of Margot Robbie in a bathtub, you're not alone.Continue...

The Lazy Economist: An expert explains the Bank of Canada’s interest rate hike

As many major Canadian news outlets reported this week, the Bank of Canada raised its interest rates to 1.75 per cent. If you’re unsure about that, you’re not alone.Continue...

The Lazy Economist: What's the United States' beef with Canadian dairy?

President Trump seems to have a “huge” problem with Canadian dairy—as if there's anything to hate about cheese and ice cream.Continue...

The Lazy Economist: Carbon tax versus cap and trade

It’s hard to look at the news and miss the discussion on carbon pricing.Continue...

The Lazy Economist: How do banks really make money?

Even though I study economics, I didn’t fully understand how banks made money until I came across the explanation in my Macroeconomics textbook last year.Continue...