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.


It's been a roller-coaster ride for the beloved U.S. snack cake that last 65 days. Now Twinkies and its other Hostess buddies are landing on the Nasdaq.

John Oliver paid off medical debt for 9,000 Americans. But could you buy your own debt on the cheap?

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

An 1864 law bars living people from appearing on U.S. currency. What do you have to do to get your grill on a bill?

It's adios, Old Hickory, as the freedom fighter replaces the slave-owning president. The U.S. Treasury also says Hamilton will remain on the $10 bill.

The guys from Stuff They Don't Want You to Know catch you up on the largest single leak in human history.

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.

The gender pay gap is usually expressed something like this: Women make 77 cents for every dollar a man makes. Where did this figure come from and is it still true?

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

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.

Financial difficulty can produce measurable negative impacts on physical well-being, including real pain and a lowered pain tolerance.

Let's shed some light on how and why political donations can be so tricky.

Why aren't there numbers on American coins? The words "dime," "penny" and "nickel" sure don't convey anything obvious. Is the U.S. just being inhospitable to guests?

Citizen science projects are sprouting up everywhere. Researchers and laypeople love them -- though there are a few critics.

With enough natural resources, robots and replicators, a la "Star Trek," money could definitely become outdated.

Setting up a funding site for a nonexistent sick boy is child's play for these criminals. The real money is in laundering stolen credit cards.

It's time to replace your jalopy. You know it isn't worth much, but should you sell it anyway and maybe make a few bucks, or should you donate it to charity to get a tax break?

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.

It's impossible to keep a straight face when you see a grown man in a fez driving an itty-bitty car. But the Shriners actually do some pretty serious work.

Online shopping offers plenty of amazing-looking deals. But you know how it goes: If something seems too good to be true ...

Life's hard enough for a small business, and dishonest people looking to scam hard workers out of their profits only make things worse. Learn what the red flags are.

No one knows the exact amount of money lost or thrown out, but it's a lot more than you might imagine. One man made more than $20,000 picking up loose change every day for 10 years.

Whether by tampering with the bottle or the liquid inside, wine fraudsters have fooled billionaires and wine connoisseurs alike into thinking an unremarkable bottle of merlot is really an exceptional vintage. Here's how they do it – and why.

In some places, people forgo buying stuff (like cars and tools) to rent what they need from complete strangers. That's the premise of the sharing economy, which already has some big players. How does it work, and is it here to stay?

If smartphones were called computerized wallets, maybe people would be more careful with these devices that give thieves access to your bank accounts, credit cards and whereabouts with just one swoop. How do you protect yourself from identity theft?