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Economics
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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CryptoKitties: The Future Is Meow
Why would anyone pay more than $100,000 for a cat that only exists in pixels? And what can these virtual kitties teach us about blockchain technology?
Why Restaurants Love Buffets Even More Than You Do
Think "all you can eat" means you get more than you paid for? As one restaurant expert put it, "The house always wins."
Cryptocurrencies: The Creation of AI, Aliens or Even the Antichrist?
Cryptocurrencies are likely here to stay. But who's really behind their creation and should we trust this new form of digital cash?
Bitcoin: High-tech Currency or Black-market Money?
Cryptocurrencies have been in the news a lot lately. How much do you know about the legitimacy of these 'invisible' currencies?
About Face: The U.S. Currency Portrait Quiz
Most bank notes and coins made in the U.S. feature famous people from American history. But we often use these bills without registering whose faces are actually on the notes. Can you guess without opening your wallet?
The True Story of Blood Diamonds
Diamonds weren't even very popular before the 1930s. And it wasn't until a savvy copywriter created an ad slogan that the stones became synonymous with love.
When Will We Reach the Tipping Point for Tipping?
Some U.S. restaurants' experiments with dropping tipping in favor of higher menu prices did not catch on with consumers. Is there a profit point when it would make sense to drop tipping?
Who Wins (and Loses) If U.S. Imposes Steel Tariffs?
President Donald Trump wants countries exporting steel and aluminum to the U.S. to pay steep tariffs. Could these tariffs spark a global trade war?
Tiny Houses Are Huge for Homeless
The tiny house movement is providing homes for people who need shelter.
Cash Bail Punishes Poor, But What's the Alternative?
The U.S.'s long-standing cash bail system produces two very different outcomes depending on how much money the defendant can scrape together.
You Can't Buy Anything for a Penny Anymore, Not Even a Penny
Even items with the word 'penny' in their name, like penny candy, cost more than a cent. What does a penny buy in America these days?
When Bitcoins Vanish, Can You Get Them Back?
Whether your account has been hacked or you've lost your private key code, do you have any recourse for recovering your lost bitcoin?
Know Before You Amazon Go That Your Privacy Will Be Low
Forget about being anonymous when you shop. In the new Amazon Go store, every single thing you buy is linked directly to you.
Bitcoin Futures Trading Isn't Blowing Up — Yet
Bitcoin had a banner 2017, trading at up to around $20,000 per unit. So, hopes were high for its debut on the futures market in December. How is this cryptocurrency faring in the real world of financial regulation?
Why Is Amazon Not Considered a Monopoly?
The online company has its fingers in just about every e-commerce enterprise; it's even caused many organizations to go out of business. Yet the U.S. government has not tried to stop Amazon's growth. Why's that?
Beyond Bitcoin: What’s the Next Big Cryptocurrency?
Bitcoin's price of more than $10,000 a coin has gotten everyone excited, but some financial experts are putting their money on another cryptocurrency.
9 of the Weirdest Lost-and-found Items in the World
Fifty vacuum-packed frogs, a wedding gown and an actual human skull. These are just a few of the world's best lost-and-found items.
Could a Corporation Have Its Own Entire City?
Amazon does everything else, so why not own a city, too? If all goes according to plan, Amazon The City may be coming to a municipality near you.
5 Donation Tips for (Really) Helping Disaster Victims
Is it better to give cash or goods? And which organizations should you support? Find out the best ways to really help people in times of disaster.
Neighbor-spoofing Robocalls Are the New Nuisance
People are being bombarded by telemarketing calls with numbers that look local, but aren't. The FCC is cracking down on these scammers.
Do Hurricanes Help Local Economies in the Long Run?
Spending goes up on construction and repairs after a disaster. But experts say it doesn't make the local economy better.
Are Money and Religion More Similar Than We Realize?
We place faith in our money and financial systems. But have we put so much faith in them that we're not equate money and religion — or money to, ahem, our eternal salvation?
Taking a Photo of Something Makes Donating It Easier
New research posits a simple way to get rid of household clutter and keep your precious memories: Snap a picture.
U.S. Politicians Prioritize Coal Mining Jobs Above Other Industries, Despite Data
U.S. politicians talk a lot about trying to save coal mining jobs, while saying little about losses in significantly larger sectors like retail. Why the disconnect?
Estonia's e-Residency Gives Brexit Businesses a Way to Stay in the EU
Post-Brexit, applications for Estonia's e-Residency program are soaring. But what does becoming an Estonian e-Resident actually allow you to do?
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