The goal of Reasonably Simple Economics is, not surprisingly, simple: to help us think like economists. When we do, so much of the world that seemed mysterious or baffling becomes more clear and understandable improving our lives and providing new tools to succeed in business and career.

In a chatty style, economist Evan Osborne explains the economic foundations behind the things we read about or see in the news everyday:

• Why prices for goods andservices are what they are
• How government spending, regulation, and taxation can both hinder andhelp the...