Understand the mechanism
Mechanisms
Understand the forces behind money, markets and power. Learn a mechanism you can recognize in many different stories.
Why does the dollar dominate the world? Explore mechanismsEconomics beneath the headlines
An editorial observatory for how the world works.
Follow incentives, constraints and cause and effect. Turn a headline into a way of understanding the world.
Understand the mechanism
Understand the forces behind money, markets and power. Learn a mechanism you can recognize in many different stories.
Why does the dollar dominate the world? Explore mechanismsEveryday observations, explained
Start with something you noticed. Check what really changed, then follow the incentives and decisions underneath.
Why does a cheap airline ticket become expensive by checkout? Explore Under the SurfaceThe editorial brief
Start with a question. Leave with a mechanism you can use again.
Your question
Start with something you heard. Look for the mechanism underneath.
The question
No. Peace can persist when institutions and credible defence make aggression less attractive than restraint or bargaining - even for an actor that prefers conflict.
The unseen LeverPeace does not require identical intentions when the system changes the expected payoff from aggression while preserving credible alternatives to escalation.
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Start with what caught your attention. We introduce the economics exactly when you need it.
Your understanding, connected