Got beef? Where’s the toilet paper? How can a problem in Vietnam impact a store in Biloxi, Mississippi? Since the start of the COVID pandemic, common items have gone missing from store shelves. Disruptions to the global supply chain have… Read More
It has been a wild time in the stock market since the beginning of the coronavirus pandemic. From market meltdowns, to record highs, to meme frenzies, this may be a time that is hard to copy in the future. It… 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
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
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
Politicians engage in billions of dollars of waste. The people have accepted this frivolous spending because there is nothing they can do since both political parties are guilty of this reckless behavior. Only one senator from Kentucky has had enough… Read More
For years, Black Friday has been the informal name for the Friday following Thanksgiving. It has turned into a $60 billion a year spending spree. Since this is a 24-hour period that many consumers and businesses circle on their calendars,… Read More
Come Election Day, the economy always plays an important role in voters’ choices. From tax cuts to investment in roads and buildings, Republicans and Democrats present measures to – hopefully – improve people’s financial situation and standard of living. Since… Read More
