The Importance of a Well-Diversified Portfolio

The economic downturn of 2008 left us all a little wary and shell-shocked in regards to the stock market. In fact, currently 80% of young people are completely uninvolved in the stock market, and only 54% of the general American population has trades in the stock market, the lowest percentage in the last 10 years.

What is Gold Worth?

Last week, we took a look at the history of gold as a unit of currency and a base value supporting cash money. Today, we want to take a closer look at the way that the value of gold reacts in the ups and downs of a modern economy. As previously mentioned, the value of

How Interstate Migration Fuels a Stronger Economy

On this blog, we’ve talked about how international migration affects economies in the short and long term, and how immigration can provide an economic boon for a variety of reasons. However, debates about immigration and its economic impact still rage on in our political discourse, as millions of people’s lives are hanging in the balance

Iraq’s Five Year Rebuilding Plan

In order for Iraq’s economy to truly start to replenish is for the infrastructure across the country to be rebuilt. Without infrastructure, the necessary systems to function in a modern economy are simply not going to be in place. To address this very imminent need, the government of Iraq has put into place a five

Why the Gold Standard Doesn’t Work

Every handful of years, a large debate over the basis of our financial systems crops up, with calls yearning for a return to the gold standard, where all paper money was backed up by a tangible resource, such as gold. At first glance, there might be some reason to these appeals. After all, gold has