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Economics 101

The Invisible Hand

By: Feature Writer Miranda Miller

In 1776, Adam Smith introduced the invisible hand theory in The Wealth of the Nations. It applies today as an equalizing force in capitalist markets. more...

The Law of Demand

By: Feature Writer Miranda Miller

A law in microeconomics differs from the type found in the criminal justice system. The microeconomic principle (or law) of demand allows economists to make predictions. more...

Economic Cycles

By: Feature Writer Sally Luxton

According to Harry S. Dent, Jr. in his book "The Next Great Bubble Boom" (2005), economic life cycles are as long as the human life containing four phases. more...

Leading Economic Indicators and Their Importance

By: Feature Writer Todd Rainey

Understanding how leading economic indicators such as housing loans, starts, and money supply changes is key to knowing where the economy will head next. more...

How To Use One Trillion Dollars

By: Feature Writer Martin Bell

A trillion dollars is so difficult to imagine that it loses it's meaning. To put one trillion dollars in perspective, here are some ways it could be used or spent. more...

US Economy Speeds to Longest Collapse Since 1945

By: Feature Writer Howard Bryan Bonham

The US economy has been in recession for 16 months, a slide likely in three months to become the longest recession since the Great Depression of the 1930s. more...

Understanding the Economic Crisis

By: Feature Writer Ryan Haskell

Is there one economic indicator the general populous can rely on to understand the state of the economy? One need not be a Nobel Laureate in Economics to figure it out. more...

What is a Dutch Auction?

By: Feature Writer Thomas Alan Gray

Auctions are a way of moving goods relatively quickly. A Dutch Auction or Descending Price Auction is one of the quickest. Here's how it works. more...

Super Business Cycle Threatens Obama's Team

By: Feature Writer Howard Bryan Bonham

President Obama deals big bucks off the federal deck to help rescue a world running out of cash, while the scary brainchild of a Russian economist grows more ominous. more...

Important U.S. Economic Indicators

By: Feature Writer Karen Gibbs

Now that the U.S. economy is officially in a recession, economic data will be scrutinized more closely for signs of recovery. more...

Financial Crisis of 2007

By: Feature Writer Paul Kosakowski

Was the financial collapse that began in late 2007 as unforeseeable as many say or was it the logical outcome of over a decade-long buildup of massive consumer debt. more...

The Global Credit Crisis

By: Feature Writer Matthew Tanner

As people around the world struggle to come to terms with the current economic crisis, it seems that one man saw it coming many years ago. more...

What is Economic Depression?

By: Feature Writer Rebecca Turner

What is economic depression? What are the similarities between The Great Depression of the 1930s and today's US recession? Is history repeating itself? more...

The Start of the Global Financial Crisis (2008)

By: Feature Writer Patrick Hinton

The global financial crisis is an ongoing issue which put a number of countries into a recession and the major stock indexes into a downward spiral. more...

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