Business
What is a subsidy, and why are they so hard to remove?
A subsidy is government support that lowers a price or props up an income. The economics are contested; the politics of withdrawing one are consistently brutal.
Author
Daniel Hart
Daniel Hart writes about business and the economy for Tilias News — markets, companies, trade and the policy decisions behind them. He aims to explain why the numbers matter, not just what they are.
Business
Nominal GDP and real GDP: what the difference actually tells you
Nominal GDP measures output at today's prices. Real GDP strips inflation out. Confusing the two makes an economy look like it is growing when it may not be.
Business
What a Central-Bank Interest Rate Actually Controls
A central bank sets one short-term rate. From there, the cost of money ripples through loans, savings and the wider economy.
Business
How Inflation Is Measured: The Consumer Price Index Explained
Inflation is not guessed. It is measured by pricing a fixed basket of goods and services and tracking how its cost changes over time.
Business
What an IPO Is — and Why Companies Go Public
An initial public offering is the first time a private company sells shares to the public. The reasons behind it reveal how companies raise money.
