Featured Article: Can the government control a stock market crash?
In a free market economy, the law of supply and demand dominates. But if the economy is in a downward spiral, could the government really save it? See more »
economic concepts library
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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Articles 1-20 of 26
10 Costly Food Recalls
Food is something we can't live without. But sometimes instead of nourishing our bodies, it can actually kill us. And it's no cheap (or easy) task to get that food off the market.
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5 Major Events of the Great Depression
The Great Depression brings to mind soup kitchens, Wall Street suicides and the WPA. In this video series, we'll explore a few of the events that worsened and eventually improved an impoverished nation.
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Can the government control a stock market crash?
In a free market economy, the law of supply and demand dominates. But if the economy is in a downward spiral, could the government really save it?
See more »
Dollars and Sense: Recession Quiz
Bet recession is one word you're getting a little sick of hearing -- especially if you have any money in the markets. But sick of it or not, it's still good to know what's what where your wallet is concerned. So put your money where you mouth is, and take this quiz to find out how much you know about recessions.
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Fact or Fiction: The Great Depression
Are today's economic woes going to spiral us into another one? We wouldn't touch that issue with a 10-foot pole, frankly -- so we're just going to stick with history for this quiz. Can you separate Great Depression fact from fiction?
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How Bartering Works
Imagine a world without cash or credit cards. You'd barter to get what you need and want. Today, people and businesses are still trading goods and services. But can these cash-free transactions be taxed?
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How Capitalism Works
The essence of capitalism is economic freedom and the belief that widespread personal wealth will lead to societal well-being. But does anyone even practice true capitalism these days?
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How Eminent Domain Works
How can the government just take over and destroy property and buildings? And why do we let them? It's called eminent domain -- and it's in the Constitution. Learn about the controversy surrounding eminent domain.
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How Homelessness Works
Who are the homeless? What are the effects of homelessness on society at large? And what can we all do to help? These are a few questions explored in this article.
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How Hostile Takeovers Work
Mergers and acquisitions: These two words represent how companies buy, sell and recombine businesses. Not all M&As are peaceful, however. Sometimes, a company can take over another one against its will -- a hostile takeover.
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How Interest Rates Work
Interest rates are simply the cost of borrowing money. Without them, lenders would have no reason to let you borrow money.
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How Recessions Work
What goes up must come down: Periodic recessions are a natural part of any nation's economic cycle. Who decides when the economy is in recession and on what grounds?
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How Socialism Works
Socialism is more than just agrarian communes: It's a principle, lifestyle and economic system that aims toward cooperative, ideal societies. But does it work?
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How the Fed Works
The Fed: It's a very mysterious part of the government. But if you own a house, have a bank account or write checks, the Federal Reserve System affects your life every day.
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How the Five Day Weekend Works
The Five Day Weekend began as a clever marketing campaign to drive tourism. But some people like the idea and want to make it a law.
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Is a free market "free" if it's regulated?
In the type of free market Adam Smith, father of capitalism, imagined, markets would correct themselves in the face of recession by weeding out weak businesses and individuals. Why bail out bad failing business, then?
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What is the lipstick indicator?
When you want sound financial advice, you probably don't think to consult the woman selling $30 tubes of lipstick at the cosmetics counter. But could she have a better handle on the whims of the economy than your CPA does?
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What's the difference between a recession and a depression?
Bleak images from the Great Depression strike fear in the hearts of people who believe that a recession in the United States could cause history to repeat itself. But does recession always lead to depression?
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Which economic bubble will be next to burst?
An economic bubble forms when an asset is allowed to irrationally increase in value before crashing down to earth and leaving a financial mess behind. As the global economy continues its freefall, people are waiting for the next bubble to pop.
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Who Said It: Adam Smith or Karl Marx?
Adam Smith is known as the father of capitalism. Karl Marx is the father of communism -- basically, the anti-Adam Smith. So why do some of their quotes sound so similar? So similar, in fact, that a certain Smith quote is often misattributed to Marx.
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