Curious about capitalism, the monetary system or white collar crime? Check out these articles. The Economics Channel defines and explores economic terms and controversies.
As the saying goes, you can't take your money with you when you die. If you admire the kind of charitable contributions made by people like Bill and Melinda Gates, maybe you should set up a trust of your own.
The terms charity and foundation are often used interchangeably. But even though the two types of groups are both considered nonprofit organizations by the Internal Revenue Service, there are some slight differences that set them apart.
During tough economic times, charities and other nonprofits can and have to stretch each dollar -- but not without strict oversight. What guidelines do you have to follow if your organization is considered a charity?
Initial public offerings are as high as high finance gets. When popular, formerly private companies decide to offer shares of their stock to the public, the price of that stock can skyrocket. Here are 10 companies whose IPOs reached the stratosphere.
It might seem impossible for a stagnant economy and high inflation rates to coexist, but that exact situation -- known as stagflation -- existed in the 1970s. Could it happen again? How can it be prevented?
Initial public offerings often serve as a company's coming out party. Investors line up to purchase newly offered stock, sending the stock price -- and the company's net worth -- into the stratosphere.
Diamond mining has long been associated with war, death and greed. The Kimberley Process made it possible to regulate the diamond market, but is it on the brink of collapse?
The Federal Reserve is responsible for tracking all of the money in circulation and on deposit in the United States. That's a formidable job for just one country, so how does one count all of the money in the world?
An economic bubble forms when an asset is allowed to irrationally increase in value before crashing down to earth and leaving a financial mess behind. As the global economy continues its freefall, people are waiting for the next bubble to pop.
Insider trading has a notorious and unsavory reputation, but few people know that it's a legal -- but tightly regulated -- act that takes place every single day. When does insider trading cross the line into illegal territory?
Capitalism revolves around the entrepreneurial spirit: Anyone willing to work hard enough to succeed will do so. However, that's easier said than done, especially in the developing world. That's where microlending comes in.
It doesn't take much skill to steal, but printing and using fake currency requires some finesse. Counterfeiting has become something of a lost art over the years, and you're about to meet five of its best practitioners.
Many of us associate the Junior League with high-society refinement, but these women are right in the thick of volunteerism. A legacy steeped in myth and some famous members make the Junior League a fascinating organization.
Serve.gov is a new, federally sponsored online resource for volunteers across America. To find volunteer opportunities all over the country, all you have to do is enter your zip code.
Nursing homes don't have to be depressing places. If you have an outgoing personality and enjoy interacting with people, you might try volunteering in a nursing home and letting some light into someone else's life.
Professional burnout is pretty common in the nursing world. One way to regain your love of nursing is to volunteer your services and help the people who need it most.
Say you want to dedicate your life to public service. It's a noble path to take, but there are practical considerations. How will you pay for rent and food? Can you build a career on volunteerism?
When the President of the United States issues a call to service, it's hard to say no. You can volunteer with the POTUS within your own community -- we'll show you how.
Most of us have heard of the Peace Corps, but did you know that a related organization -- the United Nations -- engages thousands of volunteers yearly in more than 144 countries?
Are you interested in helping preserve the environment, but you're not quite sure how or where to get started? The Student Conservation Association offers hundreds of conservation service opportunities to high school and college students.
Points of Light Institute, a national service organization, unites thousands of volunteers and hundreds of programs to provide support for nonprofit groups and service opportunities for volunteers. Are you ready to give back?
Research shows that happy workers are productive ones, so the tiny Kingdom of Bhutan took the radical step of measuring the impact of the country's happiness on its economy. Is Gross National Happiness a reliable economic indicator?
Throughout most of history, dominant opinion held that women and war don't mix. But when men were summoned overseas to the front lines during World War II, who stepped up to serve the armed forces at home?
Every day, millions of people visit museums to admire ancient artifacts, commune with the likes of Monet and relish the simple beauty of a Japanese garden. Volunteers help make this possible.
From collecting native plant seeds in Alaska's Denali National Park to digging for fossils in Valley Forge, Pennsylvania, the U.S. Geological Survey offers hundreds of volunteer opportunities to those wanting to donate time to natural science.