Curious about capitalism, the monetary system or white collar crime? Check out these articles. The Economics Channel defines and explores economic terms and controversies.
With the introduction of the new $20 bill, the U.S. Treasury has introduced a whole new element to the dollar: color. Learn about the new look of the currency and about the benefits of the new features.
What is currency, exactly? We all know currency is a piece of paper or metal you can trade for stuff you need or want, but who decides what your money is worth? And why does its value fluctuate?
Practiced pickpockets are nimble and intelligent -- and they look just like everyone else. You'll be amazed at how easily they can rob you without you even noticing.
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.
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?
Believe it or not, the Euro was the idea of Winston Churchill in 1946, when he suggested the creation of the "United States of Europe."
How many companies have tried to sell you "better" long-distance rates on your home phone? Do the offers sound too good to be true? Find out how to tell the scams from the real deals.
Some dollar bill serial numbers have a star at the end of the serial number. What does it mean?
The inventor's best friend (or worst enemy) is the patent system: If you're the first to come up with an idea, it's yours. But, if somebody beat you to it, it's back to the drawing board. Learn about patents.
Companies, such as Coke, are famous for protecting their "trade secret." What exactly is a trade secret and is it any different from patents? Find out the answer to this question in this article.
On the first or second page of many books, near the copyright notice, there is often a series of numbers that go "10 9 8 7 6 5 4 3 2 1". Why are these numbers there?
Why are most national contests in the United States, void in Rhode Island? And what does "void where prohibited" mean? Also, why are these contests open only to U.S. (and sometimes Canadian) residents?
On the back side of the United States $1 bill is a picture of a pyramid with an eye on top along with a Latin verse. Find out the significance of the picture and the meaning of this Latin verse.
Campaign contributions are divided into "soft money and "hard money." What do these terms mean, exactly? And why has there been such a political outcry about this campaign donations in recent years?
Notations for copyrights and patents can be found on every single product you buy at the store. In this article, you can find out what copyrights and patents are, and how they differ from each other.
I've heard a lot in the news lately about the Strategic Petroleum Reserve. What is the reserve, and how does the United States use the reserve? How much oil is held there, and how can a lot of oil be stored?
While compensation for the U.S. president is very generous when compared with the average American's salary, these men likely didn't get elected to office with the goal of getting rich. So how much does he get paid?
How does the Social Security system (in the U.S.) work? When I pay money into the system, where does my money go and where is my account kept (does some bank have the money in my account)?
The mint began producing state quarters in 1999. Learn about the schedule of state quarter minting.
Why doesn't washing paper money cause it to disintegrate? Learn how paper bills are made to withstand excessive use (or misuse!).
Counterfeit detector pens use special chemicals to spot a fake. How do they do it?
How much would all the money in the world weigh and how much would it be worth? Find out what "all the money in the world" really means.
Ever wondered why the stock exchange is valued at 15 trillion dollars, while the amount of money in the U.S. is only 6 trillion? Learn why the stock exchange can be valued higher than a nation's total financial value.
Have you ever wondered how a dollar bill changer converts your bills to change? Learn how a dollar bill changer works.
E-commerce has exploded in the last 10 years. Find out how e-commerce works and how you can harness the potential of e-commerce, from affiliate programs to CPC links.