Economics Explained

This is California, the Golden State and one of the largest economies in the world in its own right.  If California was counted as a sovereign nation it would be the fifth-largest in the world by GDP,...

21 Okt 202017min

Communism vs Laissez-Faire Capitalism Both of these opposing theories are very extreme and, for what it's worth, don’t exist in any modern economies anywhere around the world today, despite what some ...

21 Okt 202023min

The bottom line is the most important part of any functioning business. Profit after costs, expenses, and taxes.  The money that the founders and investors in companies get to put back into their pock...

21 Okt 202016min

Inflation is something we more or less take for granted these days. The idea that 5 dollars today is not going to be able to buy 5 dollars worth of stuff in the future, and the fact that you used to b...

21 Okt 202014min

Inflation is something we more or less take for granted these days. The idea that 5 dollars today is not going to be able to buy 5 dollars worth of stuff in the future, and the fact that you used to b...

21 Okt 202023min

This is Taiwan, or officially, the Republic of China, a country in east asia, which if you can’t tell by how delicate I am being with these titles here is consistently under a bit of ehh let’s call it...

21 Okt 202017min

GDP is one of the most universally recognized terms in economics. Even outside people with an interest in the subject most adults would be able to tell you that GDP is a measure of how large an econom...

21 Okt 202015min

The Fire movement is a growing trend amongst young workers which is growing in popularity thanks to its very enticing goal which is spelled out in the name. FIRE is an acronym of Financial Independenc...

21 Okt 202017min