Economic Concepts

Economic concepts are widely used but not always defined clearly. Read up on the nature of capitalism, learn how much power the Fed really has and more.

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How Gentrification Works

How did once run-down neighborhoods like Times Square and the Bowery become such gleaming jewels of New York City geography? It took time, but a process known as gentrification transformed these areas into some of the hottest properties in New York.


The Bootstrap Myth: Climbing the Economic Ladder Takes More Than Hard Work

Saying that all it takes to succeed in the U.S. is effort and personal responsibility is an oversimplification of the actual circumstances surrounding poverty.

Obamacare, Better Economy Causing Baby Boom?

More U.S. women are planning on having babies, says the CDC. What's behind the birth rate bump?

How the Misery Index Works

Is adding up the inflation and unemployment rates the most effective way to judge our misery?

How the Collaborative Economy Is Changing the World

Sure, ride-sharing is a big part of the collaborative economy, but other services, from health care to energy credits, are turning consumers into borrowers, too.

'Free Cash': Experts Divided on Whether Universal Basic Income Could End Poverty

The idea is that the government gives everyone a set amount of money, just for existing. Would it fly in the U.S.?

Ontario Considering Guaranteed Basic Income

Basic income is guaranteed to everybody, no matter who you are, whether you work or not. And it could be way simpler than some existing welfare systems.

In the Future, Money May Be Redundant (and You May Be, Too)

With enough natural resources, robots and replicators, a la "Star Trek," money could definitely become outdated.

How Crowdfunding Works

Crowdfunding sounds like an easy way to raise funds for a project or product when a bank or family members won't help you out. But while some projects have raised millions, most have actually flamed out.

Unexpected Connections: 10 Oddest Economic Indicators

Burger consumption can predict more than your chances of gaining weight. It can also determine currency equality. Meanwhile, men's underwear is a good indicator of the state of the economy. But how?

How the Debt Ceiling Works

Since 1960, the U.S. Congress has voted to raise the debt ceiling 78 times. In times past, this was a routine assignment but not anymore. What is the debt ceiling, and why has it become so controversial now?