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Articles on Business basics

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What is bankruptcy?

It’s certainly been in the news a lot this year. But is it the same for people and companies? What’s the famous Chapter 11? Is bankruptcy always the end of the road?
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What’s an initial public offering?

Guzman y Gomez is listing on the Australian Stock Exchange. What exactly does this mean, and how might it help them sell more burritos?
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What is comparative advantage?

One common oversimplification is that it’s just about countries making and trading what they’re best at. Yes, but there’s a bit more to it.
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Where did money come from?

The theory that money emerged naturally encourages people to believe free markets are natural systems in which governments only interfere. But this thinking is flawed.

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