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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The Bootstrap Myth: Climbing the Economic Ladder Takes More Than Hard Work

Saying that all it takes to succeed in the U.S. is effort and personal responsibility is an oversimplification of the actual circumstances surrounding poverty.

Want to Define Poverty? Consider More Than Just Income, Study Says

Poverty has always been measured with money in the U.S., but a new study finds that when we focus only income, there's a lot we don't see.

After Cyber Monday, Will People Open Their Wallets for Giving Tuesday?

Nonprofits have started pushing Giving Tuesday to get more donations. But does it work?

If Your Boss Overpays You, Do You Have to Give the Money Back?

The California National Guard bonus scandal had us wondering if civilians would have to repay an overage in their paychecks.

Obamacare, Better Economy Causing Baby Boom?

More U.S. women are planning on having babies, says the CDC. What's behind the birth rate bump?

Today Is Equal Pay Day for Black Women in the U.S.

On average, black women in the U.S. workforce earned $0.37 less for every dollar a man in the U.S. workforce earned in 2014. That's a pretty big wage gap.

'Don't Ask': Can One Question Close the Wage Gap?

Massachusetts just passed a law barring companies from asking prospective employees for salary history. Will that level the playing field for women and minorities?

HowStuffWorks: What is social good investing?

As cities develop, how can technology be used to accommodate growing populations?

Twinkies' Maker Hostess Going Public. Snack Cakes for Everyone!

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.

Can You Buy Your Own Debt for Pennies on the Dollar?

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

How the Misery Index Works

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

The Two Basic Steps to Put Your Own Face on U.S. Money

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?

Harriet Tubman to Replace Andrew Jackson on the $20 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.

What Are the Panama Papers?

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

How the Collaborative Economy Is Changing the World

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.

'Free Cash': Experts Divided on Whether Universal Basic Income Could End Poverty

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

Ontario Considering Guaranteed Basic Income

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.

New Research Finds Financial Hardship Causes Actual Physical Pain

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

How Dark Money Works

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

U.S. Coins Display No Numerical Values — Not Even the Government Knows Why

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?

Scientists Are Outsourcing Their Work — to You

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

In the Future, Money May Be Redundant (and You May Be, Too)

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

Crowdfunding or Crimefunding? Fraudsters Kickstart Money Laundering Campaigns

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.

Is it worth it to donate your used car to charity?

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?

How Crowdfunding Works

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.


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