There’s an old adage that states: “It takes money to make money.” Ain’t that the truth? We’re all told to sink a big portion of our measly paychecks into the stock market or bonds or some other such nonsense and pick our portfolio based on a combination of how far […]
Unless you never watch the news, you likely have heard of a new technology called cryptocurrency. Most likely you will recognize the term Bitcoin even if you don’t truly understand what it is. There are many many resources out there from which to learn about cryptocurrencies, what they are, and […]
I know, I know… I’ve said it before. But this time is different. This time I made a New Year’s Resolution! That makes it more officialer! Creativity is supposedly sparked if you force yourself to blog every single day. It doesn’t have to be long, it just has to be […]
Somewhere between 2 and 7 million people in America are homeless or sharing accommodations with another family. The most commonly suggested solution for this issue is to increase government assistance. Some will suggest greater incentives to provide low-cost housing, some recommend education programs to open more employment opportunities, and others […]
In order to address the claims made by typical mainstream layman and economist alike, we must first briefly outline how the modern American monetary system came about. Prior to the establishment of the United States, this geographic area was settled by scattered groups of primarily English and Spaniards. As will […]
Movies used to be fun to watch because they were a break from reality. It now seems as if some movies are turning out to be a glimpse into the future. For those of you who have never seen it, Minority Report was a movie about the head detective for […]
The scientific method prescribes the use of open debate among both the believers and dissenters of any particular theory in order to fully test its soundness. Even though economics is not one of the “hard” sciences the scientific method retains its use as a measure of soundness. For economics, however, […]
At an economics convention I attended some time ago, one of the attendees attempted to convince me that the primary reason for the decline in the aggregate U.S. economy was a reduction in domestic manufacturing. “We don’t make anything anymore,” he told me. This is a very common fallacy which […]
