Curious about capitalism, the monetary system or white collar crime? Check out these articles. The Economics Channel defines and explores economic terms and controversies.

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How Strikes Work

While the reasons behind strikes can be complex, they all boil down to two key elements: money and power. In this article, we'll explain labor unions' role in worker strikes, investigate U.S. labor laws and more.

Why are the penny and the nickel the only U.S. coins with images that don't face left?

Learn why Lincoln and Jefferson don't face left like all the other presidents on U.S. coins.

How the Freecycle Network Works

The Freecycle Network hopes to encourage a "worldwide gift economy” by connecting individuals locally who want to exchange goods. Explore how the Freecycle network aims to reduce landfill waste and decrease consumerism.

How the American Red Cross Works

After Hurricane Katrina struck the Gulf Coast of the United States, most of us saw what the Red Cross can do -- and what it cannot do. Learn about the functions and history of the American Red Cross.

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.

Helping the Victims of Katrina

Several groups are providing direct aid to the victims of Hurricane Katrina, including the American Red Cross, the Federal Emergency Management Agency, and the National Guard. There are also many ways that you can bring relief to those in need. Learn exactly what these organizations are doing and how you can help.

The Red Cross at a Glance

The Red Cross provides medical care and humanitarian aid around the world. Learn about is mission and activities.

How Cooking the Books Works

Smell that? It's the waft of smoldering company documents: a product of 'cooking the books.' Turns out, this isn't a filling meal, though. Find out why companies inflate their profits and what can happen as a result.

What exactly is inflation?

Inflations seems to be in the news on a regular basis. Have you ever wondered what inflation is and how inflation affects the value of our money? Find out in this article.

Can I really trade my dollars in for gold bullion?

You can trade your dollars in for gold bullion from Fort Knox whenever you want -- right? Maybe not.

A friend of mine says she can tell counterfeit bills by the way they feel. Is this possible?

Do counterfeit bills really feel different from valid bills? Some people claim they can spot a fake just by handling it.

How IPOs Work

Initial public offerings have been around for centuries -- every company with shares that are publicly traded on the stock market had an IPO at one point. Find out what an IPO is and how it makes people rich.

How the Shoah Foundation Works

The Shoah Foundation has documented more than 50,000 Holocaust testimonies for the purpose of preventing future genocides. Learn all about this phenomenal undertaking and how it plans to turn survivors into educators.

How Counterfeiting Works

A Philadelphia man managed to put more than $800,000 worth of counterfeit $50 and $100 bills into circulation between 1998 and 2002. How can you spot a fake?

How Exchange Rates Work

What exactly is the cost of money? What are the fundamentals of exchanging dollars for other currency? We'll explore these questions, plus give tips for money-changing travelers.

How the New $20 Bill Works

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.

How Currency Works

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?

How Identity Theft Works

The idea that someone can "steal" your identity is very unsettling. Find out how identity theft works and how you can prevent it from happening to you.

How Pickpockets Work

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.

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.

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?

How the Euro Works

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 Long-Distance Scams Work

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.

How Patents Work

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.

What is a trade secret, and how is it different from a patent or copyright?

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.