The fighting between Israel and Palestine has been going on since World War II, though the origins can be traced a little farther back. In 1917, the British took Palestine from the Ottoman Empire and declared a “national home for… Read More
What is economics? It is the science that studies human action. Economists have one crucial job: explain. Economics contains different branches of thoughts and doctrines that trigger a war of ideas within the industry and public square. So, what are… Read More
Fifty years ago, President Richard Nixon forever changed the United States and international financial systems. U.S. economic conditions in 1971 were not great. The national unemployment rate topped 6%, money supply growth exceeded 10%, and the inflation rate was 4.38%…. Read More
Bitcoin became the fastest asset to reach $1 trillion in value. Ethereum is now worth more than the Bank of America. Dogecoin has become more valuable than Ford Motor. These are cryptocurrencies capturing international headlines and filling bank accounts. But… Read More
A republic is a government being ruled by representatives voted for and elected by the citizens. Although the people do not govern the nation themselves, they exercise their power by choosing elected officials to represent their needs and decisions in… Read More
From Beachgate to Russiagate, every government scandal now ends with a “gate” suffix. This comes from the historic 20th-century Watergate scandal that took down President Richard Nixon and forever altered the state of U.S. politics and America’s perception of its… Read More
The Western world became a beacon of justice, freedom, and prosperity because of the ideas in the Age of Enlightenment, also known as the Age of Reason. This was an intellectual movement in the 17th and 18th centuries that eventually… Read More
The Great Depression is perhaps the most studied and talked about economic event in the nation’s history. It was a terrible time for the country. But the question is: Will the United States ever see this level of depression again?… Read More
In two decades, the United States suffered two economic depressions. While most people are aware of the Great Depression, the 1920-1921 depression is hardly discussed. This was an 18-month downturn that happened soon after the end of the First World… Read More
The last time the United States suffered an economic depression was in the 1930s. Since the nation has not suffered one in nearly a century, does this mean the country is safe from such a significant collapse? First, it is… Read More
The beginnings of the United Nations came in January 1942, when representatives of 26 nations at war with Germany, Italy, and Japan – also called the Axis – convened in Washington, D.C. Officials signed the Declaration of the United Nations… Read More
In January, GameStop shares rose more than 1,600% to a little more than $300 a share. The stock had been trading at a 52-week low of $2.57. It looked like hedge funds were going to make a profit, but then… Read More