What Does a Falling Euro Mean for the U.S. pt. 1

Since the very beginning of the European Union and the creation of its currency, the euro, the dollar...

Countries with the Flat Tax

Recently, we’ve taken a look at some of the pros and cons of the flat tax system. However,...

What is Monetarism?

There are many different economic theories that have, at some point, dominated the economic discussion during the 20th...

Wages are Finally Rising to Match the Workforce: Here’s Why

In the past several years, we, as an economy, have been working to recover from the effects of...

The Real Bills Doctrine

Lately, we’ve taken a look at many different economic theories that helped contribute to our modern economic landscape....

The Quantity Theory of Money

The concept of the quantity theory of money began in the 16th century, as more and more money...

The Difference between Micro- and Macro Economics

Much of our world is drastically guided by economic theories. The truth is that the thing that moves...

Keynesian Economics vs. Classical Economics

In the world of economics today, there are two opposing sides of economic theory that have prevailed, yet...

European Countries with a Sovereign Debt Crisis: Greece

Over the past decade, there has been an economic phenomenon that has gripped several powerful countries in the...