US Economy: Most Popular Articles
These articles are the most popular over the last month.
Value of the U.S. Dollar
The value of the U.S. dollar can be measured in three ways - exchange rates, Treasury yields and foreign currency reserves. find out how the worth of the American dollar compares using these three methods, and how changes in the dollar's value affects the US economy.
The value of the U.S. dollar can be measured in three ways - exchange rates, Treasury yields and foreign currency reserves. find out how the worth of the American dollar compares using these three methods, and how changes in the dollar's value affects the US economy.
Dollar Collapse Imminent
Is the U.S. dollar in danger of an imminent collapse? What would cause the dollar to collapse? If the dollar does collapse, what will happen? What is the best way to protect your finances against a dollar collapse?
Is the U.S. dollar in danger of an imminent collapse? What would cause the dollar to collapse? If the dollar does collapse, what will happen? What is the best way to protect your finances against a dollar collapse?
Cause of Recession
The causes of economic recession and the major causes of both the 2008 and 2001 recessions.
The causes of economic recession and the major causes of both the 2008 and 2001 recessions.
U.S. National Debt
A description of the US national debt, how the US debt got so large, and who owns it. How the US debt impacts you and the economy.
A description of the US national debt, how the US debt got so large, and who owns it. How the US debt impacts you and the economy.
Economic Stimulus Package
What was in President Barack Obama's economic stimulus package?
What was in President Barack Obama's economic stimulus package?
Fiscal Year
A Fiscal Year can start in any quarter. Find out why companies and the U.S. government use fiscal, rather than calendar, years. See when each Federal Fiscal Year starts, and summaries for each budget from FY 2006 to the most current.
A Fiscal Year can start in any quarter. Find out why companies and the U.S. government use fiscal, rather than calendar, years. See when each Federal Fiscal Year starts, and summaries for each budget from FY 2006 to the most current.
Why Are Gas Prices So High?
High gas prices are caused by high oil prices, which are usually caused by supply and demand. More recently, high gas prices have been caused by oil futures speculation.
High gas prices are caused by high oil prices, which are usually caused by supply and demand. More recently, high gas prices have been caused by oil futures speculation.
Great Depression of 1929
Causes of the Great Depression of 1929. Life during the Great Depression of 1929. What ended the Great Depression. Unemployment during the Great Depression
Causes of the Great Depression of 1929. Life during the Great Depression of 1929. What ended the Great Depression. Unemployment during the Great Depression
GDP
Defines GDP and describes how Gross Domestic Product acts as the most important economic indicator of the US economy. Most important, explains how GDP affects you.
Defines GDP and describes how Gross Domestic Product acts as the most important economic indicator of the US economy. Most important, explains how GDP affects you.
History of NAFTA
NAFTA was negotiated by President H.W. Bush in 1992 and enacted by President Clinton in 1994. Its purpose was to increase trade between the U.S., Canada and Mexico. Find out the history of NAFTA, and whether its achieved its purpose.
NAFTA was negotiated by President H.W. Bush in 1992 and enacted by President Clinton in 1994. Its purpose was to increase trade between the U.S., Canada and Mexico. Find out the history of NAFTA, and whether its achieved its purpose.
Auto Bailout
The specifics of the auto bailout received by GM, Ford and Chrysler. What the Big 3 promised to give back in return. How the government bailout of the auto industry affected the economy.
The specifics of the auto bailout received by GM, Ford and Chrysler. What the Big 3 promised to give back in return. How the government bailout of the auto industry affected the economy.
Obamacare
What is Obamacare? Find out the facts about its costs. Opponents want to repeal it because they say its unconstitutional. What are the full pros and cons of this controversial health care reform law.
What is Obamacare? Find out the facts about its costs. Opponents want to repeal it because they say its unconstitutional. What are the full pros and cons of this controversial health care reform law.
NATO
The purpose of NATO has expanded beyond the historial reason why it was created, which was to defend Europe. In recent years NATO countries have fought terrorism in Afghanistan, protected civilians in Libya, and combated piracy in the Indian Ocean. The existence of NATO set the stage for today's economic alliances, as well.
The purpose of NATO has expanded beyond the historial reason why it was created, which was to defend Europe. In recent years NATO countries have fought terrorism in Afghanistan, protected civilians in Libya, and combated piracy in the Indian Ocean. The existence of NATO set the stage for today's economic alliances, as well.
Business Cycle
Definition of a business cycle, including the stages of a business cycle and business cycle indicators. The meaning of the business cycle in economics. What GDP growth rate you should expect in each phase of the business cycle.
Definition of a business cycle, including the stages of a business cycle and business cycle indicators. The meaning of the business cycle in economics. What GDP growth rate you should expect in each phase of the business cycle.
What Makes Oil Prices So High?
Oil prices breached $100 a barrel in February 2012. This was earlier than in 2011, when prices hit a recent peak of $113 in April. Will prices go as high as in 2008, when they hit an all-time record of $145 a barrel? Find out why high oil prices are not just based on supply and demand.
Oil prices breached $100 a barrel in February 2012. This was earlier than in 2011, when prices hit a recent peak of $113 in April. Will prices go as high as in 2008, when they hit an all-time record of $145 a barrel? Find out why high oil prices are not just based on supply and demand.
Advantages of NAFTA
The advantages of NAFTA for Mexico, Canada and the U.S. include an increase in trade which has contributed to economic growth.
The advantages of NAFTA for Mexico, Canada and the U.S. include an increase in trade which has contributed to economic growth.
Disadvantages of NAFTA
NAFTA cost many workers their jobs in the U.S., and led to exploitation of workers in Mexico. Find out the other disadvantages of NAFTA, and why NAFTA had so many ill effects.
NAFTA cost many workers their jobs in the U.S., and led to exploitation of workers in Mexico. Find out the other disadvantages of NAFTA, and why NAFTA had so many ill effects.
Unemployment Solutions
A summary of the most popular unemployment solutions. There are many solutions proposed for unemployment, but which ones really work? Monetary policy feeds liquidity to employers, but what if they still don't hire? Fiscal policy through spending puts cash into the economy right away. Or fiscal policy cuts personal taxes, which might stimulate demand. If it cuts business taxes, then that works like monetary policy -- both add cash to businesses. What's the most cost effective solution?
A summary of the most popular unemployment solutions. There are many solutions proposed for unemployment, but which ones really work? Monetary policy feeds liquidity to employers, but what if they still don't hire? Fiscal policy through spending puts cash into the economy right away. Or fiscal policy cuts personal taxes, which might stimulate demand. If it cuts business taxes, then that works like monetary policy -- both add cash to businesses. What's the most cost effective solution?
GDP Growth Rate
Defines the difference between the measurement of GDP and the GDP growth rate.
Defines the difference between the measurement of GDP and the GDP growth rate.
Components of GDP
What are the four general components of GDP? Find out what makes up those components, and why personal consumption drives more than 70% of the economy.
What are the four general components of GDP? Find out what makes up those components, and why personal consumption drives more than 70% of the economy.
Hurricane Katrina Damage
The effects of Hurricane Katrina's damage to the U.S. economy still linger. Why was Katrina the most destructive natural disaster in U.S. history? Many factors contributed, including Katrina's path through the Gulf oil fields and the heavily-populated City of New Orleans. The damage was worsened when the levees broke, causing massive flooding.The facts around Hurricane Katrina's damage.
The effects of Hurricane Katrina's damage to the U.S. economy still linger. Why was Katrina the most destructive natural disaster in U.S. history? Many factors contributed, including Katrina's path through the Gulf oil fields and the heavily-populated City of New Orleans. The damage was worsened when the levees broke, causing massive flooding.The facts around Hurricane Katrina's damage.
How Is Unemployment Defined?
Definition of unemployment, including the difference between the real, natural and structural unemployment. How unemployment statistics are used, and causes and consequences of unemployment.
Definition of unemployment, including the difference between the real, natural and structural unemployment. How unemployment statistics are used, and causes and consequences of unemployment.
GDP Current Statistics
The economy grew 2.2% in the first quarter 2012, according to the BEA's Final estimate. Find out why, and compare it to each quarter's GDP statistics, with links to each GDP statistical report from Q4 2006 to the current quarter.
The economy grew 2.2% in the first quarter 2012, according to the BEA's Final estimate. Find out why, and compare it to each quarter's GDP statistics, with links to each GDP statistical report from Q4 2006 to the current quarter.
What Is Inflation?
Inflation is defined as when prices rise over an extended period of time. However, this definition doesn't take into account the types of inflation, and what causes them. Understand all this, as well as how inflation impacts your life, so you can best protect yourself.
Inflation is defined as when prices rise over an extended period of time. However, this definition doesn't take into account the types of inflation, and what causes them. Understand all this, as well as how inflation impacts your life, so you can best protect yourself.
Liquidity
What is liquidity? It has two different definitions. In the economy, liquidity means how much money there is to spend and invest. In business, liquidity is defined as how easily an asset can be converted to cash.
What is liquidity? It has two different definitions. In the economy, liquidity means how much money there is to spend and invest. In business, liquidity is defined as how easily an asset can be converted to cash.
What are Treasury Bonds?
Treasury bills, bonds and notes have different maturities. Notes are issued at 2,3,5 and 10 years (the most popular). Treasury notes fund the U.S. debt, and their yields are the benchmark for bank interest rates.
Treasury bills, bonds and notes have different maturities. Notes are issued at 2,3,5 and 10 years (the most popular). Treasury notes fund the U.S. debt, and their yields are the benchmark for bank interest rates.
U.S. Recession History
The history of recessions in the United States since the Great Depression. How long ago was the last recession, and how long it lasted. The major causes of each recession.
The history of recessions in the United States since the Great Depression. How long ago was the last recession, and how long it lasted. The major causes of each recession.
China Economy
China's growing economy makes China a major influence in the U.S. economy. China's low standard of living allows it to export cheaply, keeping U.S. inflation low. China is the largest buyer of U.S. Treasuries, which keeps U.S. interest rates low. Find out how the economies of China and the U.S. are interdependent.
China's growing economy makes China a major influence in the U.S. economy. China's low standard of living allows it to export cheaply, keeping U.S. inflation low. China is the largest buyer of U.S. Treasuries, which keeps U.S. interest rates low. Find out how the economies of China and the U.S. are interdependent.
Impact of Inflation
The consequences of inflation and the effects of inflation on buying power.
The consequences of inflation and the effects of inflation on buying power.
How Are Oil Prices Determined?
An easy-to-use description of the factors that impact oil prices in the commodities market.
An easy-to-use description of the factors that impact oil prices in the commodities market.
U.S. Trade Deficit with China
The US trade deficit with China is the largest in the world, and a symptom of global economic imbalance. Find out why there a deficit, and what is being done to correct it.
The US trade deficit with China is the largest in the world, and a symptom of global economic imbalance. Find out why there a deficit, and what is being done to correct it.
The U.S. Trade Deficit
The U.S. trade deficit in 2011 was just under $560 billion. It was driven by imports of oil, consumer products and automobiles. The top four trading partners are Canada, China, Mexico and Japan.
The U.S. trade deficit in 2011 was just under $560 billion. It was driven by imports of oil, consumer products and automobiles. The top four trading partners are Canada, China, Mexico and Japan.
Banking
What is banking? The definition of banking, its critical role in the US economy, and how that has changed.
What is banking? The definition of banking, its critical role in the US economy, and how that has changed.
Trade Protectionism
Trade protectionism is how countries try to protect their domestic industries. What is trade protectionism, how does it work, and what are the advantages and disadvantages?
Trade protectionism is how countries try to protect their domestic industries. What is trade protectionism, how does it work, and what are the advantages and disadvantages?
New Home Builder
New home builders have been hit hard by the recession. Some even blame overbuilding by new home builders for causing the housing bubble that created the recession. Find out how new home builders affect the economy.
New home builders have been hit hard by the recession. Some even blame overbuilding by new home builders for causing the housing bubble that created the recession. Find out how new home builders affect the economy.
Japan Earthquake Impact
How the 2011 earthquake in Japan affects the global economy.
How the 2011 earthquake in Japan affects the global economy.
Bank Bailout Bill
What exactly was in the 2008 bank bailout bill, both as it was initially submitted and how it was eventually carried out. How much of the $700 billion bill was actually spent, and how well did it address the financial crisis?
What exactly was in the 2008 bank bailout bill, both as it was initially submitted and how it was eventually carried out. How much of the $700 billion bill was actually spent, and how well did it address the financial crisis?
Unemployment Rate
Explains what the national unemployment rate is, why it is important, and how it affects the U.S. economy. Explains how the unemployment rate affects you.
Explains what the national unemployment rate is, why it is important, and how it affects the U.S. economy. Explains how the unemployment rate affects you.
Mitt Romney 2012 Economic Plan
Republican 2012 Presidential Candidate Mitt Romney's economic plan is focused on undoing what Obama has done. Like many other Republican Candidates, Romney believes the economy will right itself with lower taxes and reduced government spending. Unlike the other candidates, Romney describes exactly what he would do on Day One, if elected President. What would be the economic impact of Romney's Presidency, and what is Romney missing?
Republican 2012 Presidential Candidate Mitt Romney's economic plan is focused on undoing what Obama has done. Like many other Republican Candidates, Romney believes the economy will right itself with lower taxes and reduced government spending. Unlike the other candidates, Romney describes exactly what he would do on Day One, if elected President. What would be the economic impact of Romney's Presidency, and what is Romney missing?
Treasury Yields
What exactly are U.S. Treasury yields and how yields are determined. Understand the relationship between Treasury bond prices and Treasury yields. Find out how Treasury yields affect mortgage interest rates, and the U.S. housing market.
What exactly are U.S. Treasury yields and how yields are determined. Understand the relationship between Treasury bond prices and Treasury yields. Find out how Treasury yields affect mortgage interest rates, and the U.S. housing market.
Financial Markets Introduction
An introduction to the financial markets, including a definition of financial markets, a description the components of the financial markets and how the markets impact the U.S. economy.
An introduction to the financial markets, including a definition of financial markets, a description the components of the financial markets and how the markets impact the U.S. economy.
LIBOR Rates
The LIBOR rate is what banks charge each other for short-term loans. It's usually close to the Fed funds rate, which is for overnight loans for members of the Federal Reserve banking system. If LIBOR diverges, as it did in 2008, it's a sign that a financial crisis is imminent.
The LIBOR rate is what banks charge each other for short-term loans. It's usually close to the Fed funds rate, which is for overnight loans for members of the Federal Reserve banking system. If LIBOR diverges, as it did in 2008, it's a sign that a financial crisis is imminent.
Control Inflation
What is the Federal Reserve doing to control inflation? Find out the tools the Fed uses to manage inflation and even the expectation of inflation.
What is the Federal Reserve doing to control inflation? Find out the tools the Fed uses to manage inflation and even the expectation of inflation.
Gas and Oil Prices
The relationship between oil and gas prices, how crude oil prices affect gas prices, and how both affect the US economy.
The relationship between oil and gas prices, how crude oil prices affect gas prices, and how both affect the US economy.
Real GDP
What is real GDP? Find out the difference between real and nominal GDP. Learn how to calculate real GDP.
What is real GDP? Find out the difference between real and nominal GDP. Learn how to calculate real GDP.
Federal Reserve System
The Federal Reserve System was created in 1913 to be the nation's central bank. Its primary function is to manage inflation. It does with monetary policy, which includes setting interest rates through the Fed funds rate, the discount rate and the discount window. The Federal Reserve Banking System also manages banking liquidity and the money supply through the reserve requirement and many bank regulations. The Federal Reserve is directed by its Board of Governors, which sit on the FOMC. Find out how the Federal Reserve System functions and how it affects you.
The Federal Reserve System was created in 1913 to be the nation's central bank. Its primary function is to manage inflation. It does with monetary policy, which includes setting interest rates through the Fed funds rate, the discount rate and the discount window. The Federal Reserve Banking System also manages banking liquidity and the money supply through the reserve requirement and many bank regulations. The Federal Reserve is directed by its Board of Governors, which sit on the FOMC. Find out how the Federal Reserve System functions and how it affects you.
A Primer on Interest Rates
Basic primer on interest rates, including Fed funds rate, Treasury Bonds, mortgage interest rates and the rates on revolving and non-revolving interest rates. Explains how different interest rates are determined. Discusses future interest rate trends, and the impact of an inverted yield curve.
Basic primer on interest rates, including Fed funds rate, Treasury Bonds, mortgage interest rates and the rates on revolving and non-revolving interest rates. Explains how different interest rates are determined. Discusses future interest rate trends, and the impact of an inverted yield curve.
U.S. Debt and Deficit
The US Deficit contributes to the US Debt, and vice versa. As both escalate, they negatively impact economic growth.
The US Deficit contributes to the US Debt, and vice versa. As both escalate, they negatively impact economic growth.
What Are Exchange Rates?
Exchange rates determine how much the dollar, or any other foreign currency, is worth compared to another country's currency. Exchange rates can be fixed or flexible. Find out how exchange rates change over time, and how they affect the U.S. economy and your life.
Exchange rates determine how much the dollar, or any other foreign currency, is worth compared to another country's currency. Exchange rates can be fixed or flexible. Find out how exchange rates change over time, and how they affect the U.S. economy and your life.
What Is a Recession?
What is an economic recession? Most textbooks say that a recession is when you get two consecutive quarters of economic contraction. However, most recessions don't go by the book. Find out what a recession really is, and, most important, how it affects you.
What is an economic recession? Most textbooks say that a recession is when you get two consecutive quarters of economic contraction. However, most recessions don't go by the book. Find out what a recession really is, and, most important, how it affects you.
Monopoly
Definition of monopoly and how monopolies used to threaten the U.S. economy by restricting free trade.
Definition of monopoly and how monopolies used to threaten the U.S. economy by restricting free trade.
U.S. Unemployment Rate Statistics
The unemployment rate for April 2012 dropped to 8.1%. Here's all the current unemployment rate statistics for every month from April 2007 to the most recent report.
The unemployment rate for April 2012 dropped to 8.1%. Here's all the current unemployment rate statistics for every month from April 2007 to the most recent report.
Crude Oil Prices Definition
How crude oil prices are measured, recent oil prices and current oil price trends. Where will oil and gas prices go in the next year?
How crude oil prices are measured, recent oil prices and current oil price trends. Where will oil and gas prices go in the next year?
The Dust Bowl
What was the Dust Bowl of the Great Depression, why did the Dust Bowl happen, and could the Dust Bowl happen again?
What was the Dust Bowl of the Great Depression, why did the Dust Bowl happen, and could the Dust Bowl happen again?
Causes of Inflation
There are three major causes of economic inflation: demand-pull, cost-push and monetary expansion. However, there are many circumstances that lead to those causes -- including the expectation of inflation itself. Regardless of the causes, the effects of inflation are devastating and difficult to counteract.
There are three major causes of economic inflation: demand-pull, cost-push and monetary expansion. However, there are many circumstances that lead to those causes -- including the expectation of inflation itself. Regardless of the causes, the effects of inflation are devastating and difficult to counteract.
Dollar Decline or Collapse
Reasons for the decline in the value of the US dollar, why it won't collapse, and what you can do about it.
Reasons for the decline in the value of the US dollar, why it won't collapse, and what you can do about it.
Black Tuesday
Black Tuesday was a stock market crash that kicked off the Great Depression of 1929. What is Black Tuesday and what caused it.
Black Tuesday was a stock market crash that kicked off the Great Depression of 1929. What is Black Tuesday and what caused it.
U.S. Federal Budget Deficit
The U.S. Federal budget deficit hit a record of $1.4 trillion in FY 2009. Stimulus spending wasn't the only reason. There were three other factors, and only two of them had anything to do with the financial crisis. Find out what really caused government budget deficits, how they affect the U.S. economy and why you should be concerned.
The U.S. Federal budget deficit hit a record of $1.4 trillion in FY 2009. Stimulus spending wasn't the only reason. There were three other factors, and only two of them had anything to do with the financial crisis. Find out what really caused government budget deficits, how they affect the U.S. economy and why you should be concerned.
Value of a Dollar Today
The value of a dollar today is less than it was in the past, thanks to inflation. Calculate the value of a dollar compared to different times in the past.
The value of a dollar today is less than it was in the past, thanks to inflation. Calculate the value of a dollar compared to different times in the past.
Federal Funds Rate
The definition of the Federal funds rate is the target interest rate banks charge each other to borrow funds overnight to maintain the Federal Reserve's reserve requirement. More important, the Fed funds rate is critical because it dictates the availability of capital in the economy. That's how the Federal Reserve uses the Fed funds rate is to manage the U.S. economy, especially inflation.
The definition of the Federal funds rate is the target interest rate banks charge each other to borrow funds overnight to maintain the Federal Reserve's reserve requirement. More important, the Fed funds rate is critical because it dictates the availability of capital in the economy. That's how the Federal Reserve uses the Fed funds rate is to manage the U.S. economy, especially inflation.
FY 2013 Discretionary Budget
An easy-to-understand summary of the U.S. Federal Budget's discretionary spending programs, including Defense, Education, Housing and Urban Development, State Department, Health and Human Services and NASA. How it affects the U.S. Economy.
An easy-to-understand summary of the U.S. Federal Budget's discretionary spending programs, including Defense, Education, Housing and Urban Development, State Department, Health and Human Services and NASA. How it affects the U.S. Economy.
Economic Depression
Definition of economic depression.Why a depression won't happen again. How a depression was averted in 2008. The cause of the Great Depression of 1929.
Definition of economic depression.Why a depression won't happen again. How a depression was averted in 2008. The cause of the Great Depression of 1929.
Stock Market Crash of 1929
The Stock Market Crash of 1929 kicked off the Great Depression. Find out the facts behind this devastating crash, what caused it and what the effects were.
The Stock Market Crash of 1929 kicked off the Great Depression. Find out the facts behind this devastating crash, what caused it and what the effects were.
Subprime Mortgage Crisis
The subprime mortgage crisis put the U.S. economy into the worst recession since the Great Depression. Find out how the subprime mortgage crisis unfolded, affecting first the real estate market and then the economy overall. It gives you definitions of important terms. It also explains how interest rates and real estate play an integral role in the U.S. economy. Finally, it provides resources for those who are suffering from the subprime mortgage crisis directly.
The subprime mortgage crisis put the U.S. economy into the worst recession since the Great Depression. Find out how the subprime mortgage crisis unfolded, affecting first the real estate market and then the economy overall. It gives you definitions of important terms. It also explains how interest rates and real estate play an integral role in the U.S. economy. Finally, it provides resources for those who are suffering from the subprime mortgage crisis directly.
Contractionary Monetary Policy
Contractionary monetary policy definition and how the Federal Reserve uses it to avoid inflation. Examples of contractionary monetary policy, including how it caused the Depression and deflation.
Contractionary monetary policy definition and how the Federal Reserve uses it to avoid inflation. Examples of contractionary monetary policy, including how it caused the Depression and deflation.
FY 2013 Military Budget
An summary of the US Military Budget for FY 2013, and how defense spending affects the U.S. economy. How the Department of Defense can cut spending without threatening national security.
An summary of the US Military Budget for FY 2013, and how defense spending affects the U.S. economy. How the Department of Defense can cut spending without threatening national security.
FY 2013 Mandatory Budget
An easy-to-understand analysis of the FY 2013 Federal Budget for mandatory spending programs. The outlook for Social Security and health care, such as the Medicare and Medicaid programs. What can be done to solve the mandatory budget dilemma. Whether Social Security will go bankrupt.
An easy-to-understand analysis of the FY 2013 Federal Budget for mandatory spending programs. The outlook for Social Security and health care, such as the Medicare and Medicaid programs. What can be done to solve the mandatory budget dilemma. Whether Social Security will go bankrupt.
Savings and Loans Crisis
The Savings and Loans Crisis in the late 1980's resulted in the bankruptcy of half of the Savings and Loan banks in the U.S.
The Savings and Loans Crisis in the late 1980's resulted in the bankruptcy of half of the Savings and Loan banks in the U.S.
What Is Deflation?
What exactly is deflation? A simple definition is that it's when prices fall. But deflation is actually a greater threat to the economy than inflation.
What exactly is deflation? A simple definition is that it's when prices fall. But deflation is actually a greater threat to the economy than inflation.
What Is NASDAQ?
Definition of NASDAQ. Explains what the acronym NASDAQ stands for, and how many companies are traded on NASDAQ.
Definition of NASDAQ. Explains what the acronym NASDAQ stands for, and how many companies are traded on NASDAQ.
Dow Jones History
A brief history of the Dow Jones Averages since the Great Depression.
A brief history of the Dow Jones Averages since the Great Depression.
Securities
Securities is a term used to loosely describe stocks, bonds and other investments. Securities allow ownership of corporations and other investments without taking physical possession. They are usually highly liquid, allowing you to sell them easily on the secondary market.
Securities is a term used to loosely describe stocks, bonds and other investments. Securities allow ownership of corporations and other investments without taking physical possession. They are usually highly liquid, allowing you to sell them easily on the secondary market.
Natural Unemployment Rate
The natural unemployment rate is the amount of unemployment that even a healthy economy will have simply due to job turnover, mismatch between jobs and skills, and minimum wage laws.
The natural unemployment rate is the amount of unemployment that even a healthy economy will have simply due to job turnover, mismatch between jobs and skills, and minimum wage laws.
Interest Rate
A definition of interest rates, including the APR. How interest rates work to stimulate or slow economic growth.
A definition of interest rates, including the APR. How interest rates work to stimulate or slow economic growth.
CDOs
CDOs, or Collateralized Debt Obligations, are a derivative that contributed to the banking liquidity crisis and subsequent recession. Banks repackaged loans, including subprime mortgages, credit card debt and corporate debt, and sold them to investors who didn't really know the value of what they were buying. Neither did the banks.
CDOs, or Collateralized Debt Obligations, are a derivative that contributed to the banking liquidity crisis and subsequent recession. Banks repackaged loans, including subprime mortgages, credit card debt and corporate debt, and sold them to investors who didn't really know the value of what they were buying. Neither did the banks.
History of the Gold Standard
A brief history of the gold standard, including when the U.S. went off the gold standard, and why.
A brief history of the gold standard, including when the U.S. went off the gold standard, and why.
Dodd-Frank Reform Act
The Dodd-Frank Wall Street Reform Act regulates the financial practices of Wall Street to prevent another financial crisis. Here's a summary of the Act, along with an overview of the new consumer protection regulations it provides. You are probably benefiting from many of them, and don't even know it.
The Dodd-Frank Wall Street Reform Act regulates the financial practices of Wall Street to prevent another financial crisis. Here's a summary of the Act, along with an overview of the new consumer protection regulations it provides. You are probably benefiting from many of them, and don't even know it.
Obama's Economic Policies
A summary of Barack Obama's economic policies, plans and programs since becoming President in 2009.
A summary of Barack Obama's economic policies, plans and programs since becoming President in 2009.
Greece Debt Crisis
The debt crisis in Greece threatened the entire concept of the eurozone, and put the brakes on the global economic recovery. What were the reasons behind the economic and financial crisis of Greece? Find out what happens if Greece defaults, if Greece leaves the eurozone, and what the likely solution will be.
The debt crisis in Greece threatened the entire concept of the eurozone, and put the brakes on the global economic recovery. What were the reasons behind the economic and financial crisis of Greece? Find out what happens if Greece defaults, if Greece leaves the eurozone, and what the likely solution will be.
What Are Hedge Funds?
Hedge funds are usually defined as private investment funds. They promise great rewards, but also present great risks to both investors and the economy. Investments by unregulated hedge fund managers contributed to the global crisis in 2008. Find out what hedge funds really are, how they work, and whether their high returns are worth their high risks.
Hedge funds are usually defined as private investment funds. They promise great rewards, but also present great risks to both investors and the economy. Investments by unregulated hedge fund managers contributed to the global crisis in 2008. Find out what hedge funds really are, how they work, and whether their high returns are worth their high risks.
Expansionary Monetary Policy
A definition of expansionary monetary policy.
A definition of expansionary monetary policy.
World Bank
The World Bank's purpose is to provide financial and technical support to developing countries.Its history dates back to 1944, when it was started to finance the reconstruction of Europe after World War II. Since then, it also provides extensive statistics about the world's economy.
The World Bank's purpose is to provide financial and technical support to developing countries.Its history dates back to 1944, when it was started to finance the reconstruction of Europe after World War II. Since then, it also provides extensive statistics about the world's economy.
Health Care Reform
Health care reform will cost billions, but will also save the economy billions in sick time, emergency room costs and improved child care. Find out the economic impact of health care reform.
Health care reform will cost billions, but will also save the economy billions in sick time, emergency room costs and improved child care. Find out the economic impact of health care reform.
CPI
The Consumer Price Index (CPI Index) measures U.S. price changes each month. Find out how it's used to measure inflation and deflation, the importance of the Core CPI, and exactly how it's calculated.
The Consumer Price Index (CPI Index) measures U.S. price changes each month. Find out how it's used to measure inflation and deflation, the importance of the Core CPI, and exactly how it's calculated.
Ideal GDP Growth Rate
The ideal GDP growth rate is one that enable the economy to grow at a healthy rate. If growth is too fast, the economy risks inflation. If growth is too slow, the economy risks recession or even depression.
The ideal GDP growth rate is one that enable the economy to grow at a healthy rate. If growth is too fast, the economy risks inflation. If growth is too slow, the economy risks recession or even depression.
Supply-side Economics
Supply-side economics is an important economic theory that states that tax cuts stimulate the economy enough to recoup any lost revenue. This profile analyzes the studies that show whether this is true or not.
Supply-side economics is an important economic theory that states that tax cuts stimulate the economy enough to recoup any lost revenue. This profile analyzes the studies that show whether this is true or not.
What Is the Gold Standard?
What the gold standard is, and why a return to the gold standard would adversely affect the U.S. economy
What the gold standard is, and why a return to the gold standard would adversely affect the U.S. economy
Japan Economy
Before the 2011 earthquake, Japan's economy was emerging from deflation and recession. Find out how what caused Japan's recession, and how Japan's economy affects the U.S. economy.
Before the 2011 earthquake, Japan's economy was emerging from deflation and recession. Find out how what caused Japan's recession, and how Japan's economy affects the U.S. economy.
US Federal Budget Spending
A summary of the US Federal Budget, with a focus on FY 2013. Understand how mandatory programs now account for 60% of total spending. Did you know the single largest budget item is defense spending? Find out where your tax dollars go.
A summary of the US Federal Budget, with a focus on FY 2013. Understand how mandatory programs now account for 60% of total spending. Did you know the single largest budget item is defense spending? Find out where your tax dollars go.
Purchasing Power Parity
Understand purchasing power parity and you can compare the standard of living in one country with another.
Understand purchasing power parity and you can compare the standard of living in one country with another.
Facts About NAFTA
Facts about the NAFTA agreement, including history of NAFTA, the benefits and problems with NAFTA for it members Mexico, Canada and the U.S.
Facts about the NAFTA agreement, including history of NAFTA, the benefits and problems with NAFTA for it members Mexico, Canada and the U.S.
Obama and Bush Economy
Find out the similarities and differences between the economic policies of President Obama and President Bush.
Find out the similarities and differences between the economic policies of President Obama and President Bush.
Global Warming Consequences
Effects of global warming on the economy and the facts about its consequences.
Effects of global warming on the economy and the facts about its consequences.
Global Financial Crisis of 2008
What was the global financial crisis of 2008? What were the causes and effects? How did it impact the world and U.S. economy?
What was the global financial crisis of 2008? What were the causes and effects? How did it impact the world and U.S. economy?
LIBOR Rate History
Throughout its history, the LIBOR interest rate has been close to the Fed funds rate, except during the 2008 financial crisis. Compare the LIBOR rate to the Fed funds rate during that time. Understand when, how and why LIBOR was created.
Throughout its history, the LIBOR interest rate has been close to the Fed funds rate, except during the 2008 financial crisis. Compare the LIBOR rate to the Fed funds rate during that time. Understand when, how and why LIBOR was created.
Current Employment Statistics
Current employment statistics: In April 2012, 115,000 jobs were added to the economy. Behind the scenes, there were major sector winners. Find out the monthly Bureau of Labor employment statistics since January 2008.
Current employment statistics: In April 2012, 115,000 jobs were added to the economy. Behind the scenes, there were major sector winners. Find out the monthly Bureau of Labor employment statistics since January 2008.
Real Estate Affect on Economy
An easy-to-understand description of real estate, both commercial and residential, and how it affects the U.S. economy.
An easy-to-understand description of real estate, both commercial and residential, and how it affects the U.S. economy.
What Is the US Debt to China?
The U.S. debt to China was more than $1 trillion in 2011. This was 25% of the U.S. debt owned by the public. Find out how the U.S. got in this predicament and how it threatens its economic growth and independence.
The U.S. debt to China was more than $1 trillion in 2011. This was 25% of the U.S. debt owned by the public. Find out how the U.S. got in this predicament and how it threatens its economic growth and independence.
Mortgage-backed Securities
What are mortgage-backed securities? Just like the name says, they are securities that are backed by mortgages. This innovative investment revolutionized the housing industry by providing banks more money to make loans. All went well, until housing prices went south.
What are mortgage-backed securities? Just like the name says, they are securities that are backed by mortgages. This innovative investment revolutionized the housing industry by providing banks more money to make loans. All went well, until housing prices went south.
Hooverville
The Farm Security Administration hired photographers to document the living conditions of the Great Depression. They are a landmark in the history of documentary photography. The photos show the adverse effects of the Great Depression and the Dust Bowl. Some of the most famous images portray people who were displaced from farms and migrated West or to industrial cities in search of work.
The Farm Security Administration hired photographers to document the living conditions of the Great Depression. They are a landmark in the history of documentary photography. The photos show the adverse effects of the Great Depression and the Dust Bowl. Some of the most famous images portray people who were displaced from farms and migrated West or to industrial cities in search of work.
Other Fed Tools
The Federal Reserve uses many tools in addition to the fed funds rate. These tools prevent inflation and shorten recessions. These Federal Reserve tools include reserve requirements, discount window, and the money supply (M1 and M2). In addition, the Fed created many new tools to deal with the Great Recession.
The Federal Reserve uses many tools in addition to the fed funds rate. These tools prevent inflation and shorten recessions. These Federal Reserve tools include reserve requirements, discount window, and the money supply (M1 and M2). In addition, the Fed created many new tools to deal with the Great Recession.
Year-Over-Year Growth Rate
Definition of the year-over-year growth rate, how to calculate it, and why using it gives a better sense of a trend than comparing month to month or week to week.
Definition of the year-over-year growth rate, how to calculate it, and why using it gives a better sense of a trend than comparing month to month or week to week.
9/11 Attacks Economic Impact
The 9/11 attacks had long-ranging economic impacts. Not only did they deepen the 2001 recession, they led to the War on Terror. These costs helped create the largest debt in U.S. history.
The 9/11 attacks had long-ranging economic impacts. Not only did they deepen the 2001 recession, they led to the War on Terror. These costs helped create the largest debt in U.S. history.
Federal Reserve Interest Rates
The current Federal Reserve interest rate is between zero and .25%. It was lowered by 1/2 point on December
The current Federal Reserve interest rate is between zero and .25%. It was lowered by 1/2 point on December
Cultural Diversity
What is the definition of cultural diversity, especially cultural diversity in the workplace.
What is the definition of cultural diversity, especially cultural diversity in the workplace.
EU Now World's Largest Economy
The EU has replaced the US as the worlds largest economy
The EU has replaced the US as the worlds largest economy
OPEC
What is OPEC, who are OPEC members, and how does OPEC affect oil prices?
What is OPEC, who are OPEC members, and how does OPEC affect oil prices?
Stocks and U.S. Economy
A brief description of how stocks and stock investing affects the U.S. economy.
A brief description of how stocks and stock investing affects the U.S. economy.
Recession
Definition of recession, including the technical definition of recession and the general definition of recession.
Definition of recession, including the technical definition of recession and the general definition of recession.
Trade Deficit
The trade deficit is when a country imports more than it exports. Find out what causes a trade deficit and what are the effects. Understand the difference between a trade deficit and a trade surplus.
The trade deficit is when a country imports more than it exports. Find out what causes a trade deficit and what are the effects. Understand the difference between a trade deficit and a trade surplus.
Gold Prices
Gold prices say a lot about the health of the U.S. economy. When gold prices are high, the economy is usually either in crisis or inflation. When gold prices are low, the economy and the stock market are healthy. Learn about how gold should used by investors, the history of gold, and more about the gold standard.
Gold prices say a lot about the health of the U.S. economy. When gold prices are high, the economy is usually either in crisis or inflation. When gold prices are low, the economy and the stock market are healthy. Learn about how gold should used by investors, the history of gold, and more about the gold standard.
Peg
Many countries peg their currency to the dollar. This means they use a fixed exchange rate to keep the value of their currency at a certain level relative to the dollar. Find out how they do they, and why.
Many countries peg their currency to the dollar. This means they use a fixed exchange rate to keep the value of their currency at a certain level relative to the dollar. Find out how they do they, and why.
Obama and Health Care Reform
A summary of Obama's plans to reform health care and how it affects the economy.
A summary of Obama's plans to reform health care and how it affects the economy.
Current Inflation Rate
The current inflation rate (February 2012, the most recent month) is .4%, driven by rising gas and oil prices. When compared to last year, the inflation rate is 2.9%. Why is this good for economic growth, and how does it compare to prior months?
The current inflation rate (February 2012, the most recent month) is .4%, driven by rising gas and oil prices. When compared to last year, the inflation rate is 2.9%. Why is this good for economic growth, and how does it compare to prior months?
What Are Commodities Futures?
An easy-to-use definition of commodities futures, how they work, and the investment risks.
An easy-to-use definition of commodities futures, how they work, and the investment risks.
What Are Stocks?
A definition of stocks.
A definition of stocks.
GCC
The Gulf Cooperation Council and its members represent the growing power of the Gulf oil-exporting countries. A list of GCC countries include every country in the Arab Peninsula except Yemen.
The Gulf Cooperation Council and its members represent the growing power of the Gulf oil-exporting countries. A list of GCC countries include every country in the Arab Peninsula except Yemen.
What Are Commodities?
A definition of commodities, the commodities markets and how commodities futures work.
A definition of commodities, the commodities markets and how commodities futures work.
Monetary Policy
A definition of monetary policy and how monetary policy affects the U.S. Economy.
A definition of monetary policy and how monetary policy affects the U.S. Economy.
Mexico's Economy
Mexico's economy is larger than that of Canada, Spain or South Korea. It's the same size as Saudi Arabia, but exports just 25% of the oil. Mexico's economy is dependent on the U.S., which is both a help and a hindrance.
Mexico's economy is larger than that of Canada, Spain or South Korea. It's the same size as Saudi Arabia, but exports just 25% of the oil. Mexico's economy is dependent on the U.S., which is both a help and a hindrance.
Eurozone Crisis
The eurozone crisis
The eurozone crisis
Subprime Mortgage Crisis Cause
The subprime mortgage crisis has put the U.S. economy into the worst recession since 1982. This primer explains the innovative financial tools that allowed lenders to lend to subprime borrowers without taking responsibility for the risk of future default. As adjustable mortgage interest rates reset, and borrowers defaulted, these tools spread that risk into every corner of the globe. This has created a widespread crisis that shows no signs of ending.
The subprime mortgage crisis has put the U.S. economy into the worst recession since 1982. This primer explains the innovative financial tools that allowed lenders to lend to subprime borrowers without taking responsibility for the risk of future default. As adjustable mortgage interest rates reset, and borrowers defaulted, these tools spread that risk into every corner of the globe. This has created a widespread crisis that shows no signs of ending.
GDP Per Capita
What is GDP per capita? Why understanding the definition of GDP per capita is important. GDP per capita by country for 2010 for the ten richest and ten poorest countries.
What is GDP per capita? Why understanding the definition of GDP per capita is important. GDP per capita by country for 2010 for the ten richest and ten poorest countries.
Patient Affordable Care Act
A summary of the Patient Protection and Affordable Care Act of 2010. Timeline of how the impact of the Act will roll out.
A summary of the Patient Protection and Affordable Care Act of 2010. Timeline of how the impact of the Act will roll out.
Fiscal Policy
A definition of fiscal policy with links to descriptions of the components of fiscal policy, including revenue, taxes, mandatory spending, discretionary spending, and the budget deficit.
A definition of fiscal policy with links to descriptions of the components of fiscal policy, including revenue, taxes, mandatory spending, discretionary spending, and the budget deficit.
The Second Great Depression?
Is the U.S. headed towards the Second Great Depression? The financial crisis left the economy in a weakened state. Recent news developments lead many to believe another depression is inevitable if it hasn't started already. Here's the arguments pro and con,and what the probable outcome will be.
Is the U.S. headed towards the Second Great Depression? The financial crisis left the economy in a weakened state. Recent news developments lead many to believe another depression is inevitable if it hasn't started already. Here's the arguments pro and con,and what the probable outcome will be.
Haiti Earthquake Impact
Credit card companies profit from donations to charities such as Haiti's earthquake relief efforts.
Credit card companies profit from donations to charities such as Haiti's earthquake relief efforts.
Treasury Notes Mortgage Rates
Explains the Relationship Between Treasury Notes and Mortgage Rates.
Explains the Relationship Between Treasury Notes and Mortgage Rates.
IMF
The IMF, or International Monetary Fund, to the U.S. economy is based in part on the IMF's history.
The IMF, or International Monetary Fund, to the U.S. economy is based in part on the IMF's history.
Reagan's Economic Policies
A summary of President Ronald Reagan's economic policies, Reaganomics, supply-side economics and the recession of 1981.
A summary of President Ronald Reagan's economic policies, Reaganomics, supply-side economics and the recession of 1981.
Current Account Deficit
A current account deficit occurs when a country has to rely on foreign investors to fund its economic growth. Find out the causes and consequences of a current account deficit.
A current account deficit occurs when a country has to rely on foreign investors to fund its economic growth. Find out the causes and consequences of a current account deficit.
Inelastic Demand
Inelastic demand is when people's buying habits don't change, even when the price does.
Inelastic demand is when people's buying habits don't change, even when the price does.
Panama Canal Expansion
Evaluates the impact of the Panama Canal expansion on the U.S. economy.
Evaluates the impact of the Panama Canal expansion on the U.S. economy.
Fannie Cause Mortgage Crisis
Did Fannie Mae and Freddie Mac alone cause the mortgage crisis?
Did Fannie Mae and Freddie Mac alone cause the mortgage crisis?
WTO Membership Benefits
Membership in the WTO (World Trade Organization) confers many trade benefits to its members. That's why 153 countries are members. Find out who they are, and why WTO membership is important to them and to the global economy.
Membership in the WTO (World Trade Organization) confers many trade benefits to its members. That's why 153 countries are members. Find out who they are, and why WTO membership is important to them and to the global economy.
Trickle-Down Economics
The theory of trickle-down economics promises that reducing taxes on the highest income population fuels economic growth. It seemed to work during the Reagan Administration, but did it really? More importantly, does it work today?
The theory of trickle-down economics promises that reducing taxes on the highest income population fuels economic growth. It seemed to work during the Reagan Administration, but did it really? More importantly, does it work today?
Bonds Impact on Mortgages
Treasury bonds directly affect fixed-rate mortgage interest rates because they are bought on the secondary market by similar types of investors. Treasury bonds are much safer, so their rates are lower. As Treasury rates rise, so do mortgage interest rates. Find out exactly how this works, and how it affects the economy.
Treasury bonds directly affect fixed-rate mortgage interest rates because they are bought on the secondary market by similar types of investors. Treasury bonds are much safer, so their rates are lower. As Treasury rates rise, so do mortgage interest rates. Find out exactly how this works, and how it affects the economy.
Credit Default Swaps
Credit default swaps were supposed to protect lenders against debt default. Instead, they provided a false sense of security that helped create the Greek debt crisis, the 2008 financial crisis, and even JPMorgan's recent loss.
Credit default swaps were supposed to protect lenders against debt default. Instead, they provided a false sense of security that helped create the Greek debt crisis, the 2008 financial crisis, and even JPMorgan's recent loss.
multilateral
The definition of multilateral trade agreements.
The definition of multilateral trade agreements.
Irrational Exuberance
Irrational exuberance is why investors create a stock market bubble.
Irrational exuberance is why investors create a stock market bubble.
Stagflation
Stagflation is when economic growth stagnates while inflation is rising. This can only happen under unusual circumstances, and probably won't happen again. Find out why.
Stagflation is when economic growth stagnates while inflation is rising. This can only happen under unusual circumstances, and probably won't happen again. Find out why.
Consumer Debt Statistics
What are the statistics on average consumer debt? Studying these statistics show how consumer debt was one of the key forces of economic growth from 2000-2008, and created the housing bubble. Then, during the Great Recession, banks cut back on consumer debt lending just when the economy needed it the most.
What are the statistics on average consumer debt? Studying these statistics show how consumer debt was one of the key forces of economic growth from 2000-2008, and created the housing bubble. Then, during the Great Recession, banks cut back on consumer debt lending just when the economy needed it the most.
Unemployment Controls
How the government controls unemployment.
How the government controls unemployment.
US Federal Budget Breakdown
A breakdown of the U.S. Federal Budget, including: assumptions about the U.S. economy,revenue projections, discretionary and mandatory spending proposals, and the impact of deficit spending.
A breakdown of the U.S. Federal Budget, including: assumptions about the U.S. economy,revenue projections, discretionary and mandatory spending proposals, and the impact of deficit spending.
Mortgage Bailout Prevention
The current mortgage crisis and bailout could have been prevented a year ago if the government had responded quickly enough to the signs.
The current mortgage crisis and bailout could have been prevented a year ago if the government had responded quickly enough to the signs.
ARRA Details
Details of the American Recovery and Reinvestment Act, better known as ARRA.
Details of the American Recovery and Reinvestment Act, better known as ARRA.
Mississippi River Floods
Record flooding from the Mississippi River caused hundreds of millions in damage in May 2011. How much damage do Mississippi River floods cause, and how do Mississippi River floods affect the economy? What can be done to prevent further worsening do Mississippi River floods?
Record flooding from the Mississippi River caused hundreds of millions in damage in May 2011. How much damage do Mississippi River floods cause, and how do Mississippi River floods affect the economy? What can be done to prevent further worsening do Mississippi River floods?
Depression Family
The Farm Security Administration hired photographers to document the living conditions of the Great Depression. They are a landmark in the history of documentary photography. The photos show the adverse effects of the Great Depression and the Dust Bowl. Some of the most famous images portray people who were displaced from farms and migrated West or to industrial cities in search of work.
The Farm Security Administration hired photographers to document the living conditions of the Great Depression. They are a landmark in the history of documentary photography. The photos show the adverse effects of the Great Depression and the Dust Bowl. Some of the most famous images portray people who were displaced from farms and migrated West or to industrial cities in search of work.
Chernobyl Disaster
The economic consequences of the 1986 Chernobyl nuclear power plant accident affected not only Russia, Ukraine and Belarus, but also the global economy. What we can learn from Chernobyl for the U.S. economy.
The economic consequences of the 1986 Chernobyl nuclear power plant accident affected not only Russia, Ukraine and Belarus, but also the global economy. What we can learn from Chernobyl for the U.S. economy.
Most Favored Nation Status
Most Favored Nation Status definition, and what is the Most Favored Nation Status. Why the Most Favored Nation Status is important
Most Favored Nation Status definition, and what is the Most Favored Nation Status. Why the Most Favored Nation Status is important