If you’ve been following the news lately, you’ve probably heard talk about a $1 trillion platinum coin that could solve the current fuss going on in Congress. It revolves around a legislation technicality that would allow President Obama to fulfill…
I read an interesting post the other day about why the Olympic Games always end up costing more than originally proposed. Essentially, organizers submit an appealing budget that legislators will accept, especially when compared to the perceived benefits of hosting…
A few months ago, I posted about a deal granting Charles G. Koch the right to fill two teaching slots in the economics program at Florida State University. Yesterday, Jodi at Economists Do It With Models made a post expanding…
With all the hubbub going on recently about the debt ceiling, many people are confused. That’s understandable considering the raising of the debt ceiling has always been a very unremarkable, bipartisan act of Congress. To help you understand what’s happening…
Bitcoin has been gaining much media attention due to its recent rise in popularity. Rather than relying on a central monetary authority to monitor transactions and manage the money supply, Bitcoin uses peer-to-peer technology to allow users to make purchases…
