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Articles Containing Tag: economics

Understanding the Schools of Economics

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

Capitalism v Socialism: Which Is Best?

Capitalism has been raising the worldwide standard of living for years. Before the coronavirus pandemic paralyzed the planet, the World Bank’s global poverty rate slipped below 8%, down from 10% in 2015. But governments around the world have responded to the COVID-19 public… Read More

Halloween in the Age of Coronavirus

Is it going to be a bone-chilling Halloween for retailers, or a frightful season of riches? The coronavirus pandemic has possessed every corner of the economy, turning the marketplace into a graveyard of business closures and broke consumers. While kids… Read More

How Economics Has Shaped Elections

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

The Nobel Prize in Economics

In recent years, the young generation has shown a huge interest in the field of economics. Once considered a boring subject, economics is now easier to understand than ever before. Whether it is via YouTube or the Khan Academy, leading… Read More

What’s Up On Wall Street? Stock Market Explained

One of the most exciting places to be in this world is on a stock exchange. Every day, billions of dollars worth of stocks, bonds, exchange-traded funds (ETFs), and every other financial asset are transferred from one person or company… Read More

Are Digital Currencies the Money of the Future?

By now, you may have learned about the success of bitcoin. There has been a lot of talk over the years that bitcoin would eventually replace the U.S. dollar but others predict it will probably co-exist with traditional currencies. So,… Read More

Supply and Demand: It’s Basic Economics

Have you walked through a supermarket and wondered why oranges, beef, and a box of Oreo cookies are priced the way they are? Do you ever think about why gasoline prices fluctuate day to day? Well, various economic and societal… Read More

The Spill: House Witnesses

Impeachment Testimonies: Could They Cost Trump the 2020 Election? The U.S. House of Representatives is trying to impeach President Donald Trump. House Democrats believe that during a phone call with newly elected Ukrainian President Volodymyr Zelensky, Trump asked for a… Read More