The Federal Reserve was established in 1913 to function as of the central bank of the United States and the key arbiter of its monetary
Category: Global Economics
Foundations of Economics: The Law of Scarcity
Foundations of Economics: The Law of Scarcity Most of the basic laws of economics focus on ways to efficiently build wealth and prosperity over time.
Bitcoin: Have Cryptocurrencies Become Legitimate Market Assets?
Bitcoin: Have Cryptocurrencies Become Legitimate Market Assets? In the last few years, one of the biggest stories to hit the financial markets is the rise
Global Economics: What is a Trade War?
In all of the recent news dealing with US President Donald Trump and the world economy, the term “trade war” is being used a lot
Commodities Economics: What Is Peak Oil?
With all of the recent discussions surrounding the possibility of electric cars, many economics investors have already started to move beyond crude in search of
What have economists learned from 2008? nothing much
A 25 page paper from Paul Krugman (draft of his lecture for the Picciotto Prize): What Have We Learned From The [2008] Crisis? Paul Krugman September