Call it the Shopping Cart Conundrum. Social media is split on this question: When the weekly tip to the supermarket is finished, should customers return the shopping cart to a drop-off depot Continue Reading
The United States labor market is in a bit of kerfuffle right now. Recovering from COVID, there is a record number of job openings, businesses are getting rid of fewer employees, and Continue Reading
What is economics? It is the science that studies human action. What is an economist? Critics will say that an economist is “an expert who will know tomorrow why the things he Continue Reading
Fifty years ago, President Richard Nixon employed a series of economic measures that significantly and permanently transformed the United States and international financial systems. An embattled president attempted to combat stagflation, stimulate Continue Reading
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 Continue Reading
What is economics? Many will suggest that it is about goods and services. Others will say that it has to do with the stock market. Others will assert this is a field Continue Reading
The last time the United States suffered an economic depression was in the 1930s. The U.S. economy has come close to enduring a severe and prolonged downturn, such as during the 2008-2009 Continue Reading
In something out of a Hollywood comedy, a bunch of kids on an online forum made fools out of billionaire hedge funds. The case of GameStop and Wall Street has been impossible Continue Reading
Has there been a more effective system in human history that has lifted more people out of poverty than capitalism? Even in its different forms, capitalism has raised global living standards from Continue Reading
What do you call the day after Thanksgiving? For households that may have eaten a bit too much stuffing and pecan pie, it could be referred to as Diet Day. For those Continue Reading
It has been said that if you are not a socialist before you are 25, you have no heart; if you are a socialist after 25, you have no brain. Young people Continue Reading
In recent years, the young generation has shown an incredible interest in the field of economics. What was once considered a boring subject, economics is now more accessible and easier to understand Continue Reading
In the wake of the Coronavirus pandemic, Congress passed multi-trillion-dollar stimulus and relief packages to help people who were forced to stop working during the lockdown. Now that the bills are starting Continue Reading
What a difference six months make in the stock market. After a meltdown during the Coronavirus crisis, stocks have recovered and rallied to historical highs. Two companies have surged so much that Continue Reading
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The Economics of Kamala Harris
Should former Vice President Joe Biden win the presidential election in November, will he serve out his full four-year term? There has been a lot of speculation in conservative media that Biden Continue Reading
Former Vice President Joe Biden wants to spend a lot of money if he wins the 2020 election. Based on some of his proposals concerning infrastructure, climate change, and health care, Biden Continue Reading
Bill Gates and Elon Musk have said that artificial intelligence (A.I.) and the automatization of work will put much of the population out of work. They argue that solving this social problem Continue Reading
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Socialism Keeps Africa In Perpetual Poverty
Why is Africa still mostly poor? Some suggest the ghost of colonialism has turned the continent into a wasteland of corruption and poverty – but could there be another reason? The continent Continue Reading
For a lot of millennials, it has been hard getting into the stock market. When the bull run started, they were still in school, or they graduated with a lot of debt and Continue Reading
President Donald Trump has delivered on a campaign promise to ditch a 25-year-old trade agreement and replace it with something of his own. But where does the president’s new trilateral treaty – Continue Reading
In the middle of this pandemic, milk is poured down the drain and vegetables are plowed over. There is huge demand for the these groceries, so what is happening to the nation’s Continue Reading
Black Monday 2020, March 9, could be described in many different ways. It may go down as one of the biggest events in New York Stock Exchange history. Everything from major losses Continue Reading
Around the World - High School Economics & Money - High School High School & Beyond ~ Liberty Patriots Hot Topic - High School
Why Socialism Failed: Soviet Union
Scenes of food shortages, long lines, and fed up Russians were commonplace in the Soviet Union. Moscow believed it could deliver a world of prosperity and egalitarianism by instituting advanced mathematical calculations Continue Reading
