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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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.

By Dave Roos

People are being bombarded by telemarketing calls with numbers that look local, but aren't. The FCC is cracking down on these scammers.

By Shelley Danzy

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?

By Diana Brown

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A new study examined the morality of cab drivers - in Athens, Greece - when dealing with business travelers.

By Laurie L. Dove

Fewer people carry cash, preferring to pay with cards or smartphone apps. What impact does that have on those who rely on pocket change?

By Patrick J. Kiger

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.

By Dave Roos

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.

By Jesslyn Shields

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Whether from a clerical error or an improperly offered bonus, sometimes you end up with a fatter paycheck than you're supposed to get.

By Dave Roos

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.

By Kate Kershner

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

By Dave Roos

If you were to check your person right now, Chances are, you might have some silly colored paper with dead world leaders on it, and maybe some circular pieces of semi-precious metal. Unfortunately those probably won't get you very far after society collapses and the world reverts back to a barter economy where gold and silver […] The post 12 Things That Will Skyrocket In Value Once The Apocalypse Hits appeared first on Goliath.

By Wes Walcott

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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?

By Laurie L. Dove

We've all seen counterfeit products sold at street vendors and open air markets. Whether it is fake designer purses, sunglasses or pirated movies, counterfeit products abound. However, the global trade in counterfeit products seems to be escalating in today's globalized world. The Organization for Economic Co-operation and Development (OECD) recently issued a study that estimates […] The post The 10 Most Counterfeited Products in The World appeared first on Goliath.

By Devon Taylor (@DevonTaylor113)

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?

By Chris Opfer

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.

By Dave Roos

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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?

By Cherise Threewitt

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.

By Debra Ronca

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

By Alison Cooper

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.

By Alison Cooper

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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.

By Patrick J. Kiger

Giving Tuesday is a day for giving back. Learn more about Giving Tuesday in this video from HowStuffWorks.

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.

By Dave Roos

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?

By Dave Roos

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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?

By Dave Roos

Burger consumption can predict more than your chances of gaining weight. It can also determine currency equality. Meanwhile, men's underwear is a good indicator of the state of the economy. But how?

By Dave Roos