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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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

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?

ByLaurie L. Dove

我们都见过假冒产品在街道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)

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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?

ByChris 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.

ByDave Roos

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?

ByCherise 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.

ByDebra Ronca

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

ByAlison 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.

ByAlison Cooper

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.

ByPatrick J. Kiger

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

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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.

ByDave 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?

ByDave Roos

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?

ByDave 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?

ByDave Roos

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We're not sure why but Americans seem to lose their minds when picking up flashy electronics at big discounts the day after Thanksgiving. Discover 10 horrifying true-life tales that happened during Black Friday shopping.

ByLaurie L. Dove

Is that stock that's been lingering price-wise in the basement a good deal or just likely to down even lower? Can you tell whether a stock's price is going to go up or down without being psychic?

ByDave Roos

Unlike dollars, pounds or yen, Bitcoin isn't backed by any government. It's a completely decentralized form of money. Is the world ready for virtual currency?

ByDave Roos&Nathan Chandler

Inflation is often defined as too many dollars chasing too few goods. But what does that really mean? And how does it affect the price of goods?

ByDave Roos

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Just like the rest of us, superpowers can have trouble paying the bills. But instead of using a Visa card with a really high limit, the U.S. borrows money from its citizens. What it owes is called the national debt. Why does it matter?

ByDave Roos

News about a hurricane or tornado far away impels us to want to help the survivors. But is there a right way and a wrong way to do this? Can a donation be worse than doing nothing at all?

ByDave Roos

The idea of minting a trillion-dollar coin to pay the U.S. national debt seemed intriguing, if far-fetched. Though it was nixed by the Fed and the Treasury, could it have worked – and why?

ByLaurie L. Dove

One of the subjects that comes into play when people discuss the legalization of marijuana is the cost. How will the law impact the economics of marijuana?

ByMaria Trimarchi

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Who among us hasn't seen an Internet ad advertising a book or scheme to make lots of easy money? Some schemes are easier to see than others. Here are some ways to spot the scams.

ByLaurie L. Dove

Every now and then we read about the government going after a corporation for some crime. How do they decide who to prosecute and why?

ByDave Roos