Your health insurance plan has set co-pays for doctor visits and prescriptions, as well as a deductible. But what’s the difference between the two?
Archive - August 28, 2023
Discover how globalization can lead to unprecedented economies of scale for firms across the world, leading to higher global efficiency and productivity.
The meltdown of the subprime mortgage market in 2007 and 2008 led to the Great Recession. Learn more about the factors that caused the financial crisis.
Discover the impact that Amazon has on the greater U.S. economy in terms of wage growth, inflation, and wealth creation.
There are significant obstacles preventing perfect competition in today’s economy, and many economists think it is better that way. Learn more about why...
America’s first citizens enjoyed few to no taxes. Over time, taxes were added, increased—and occasionally repealed—to give us our current tax regime.
Bitcoin’s debut as an investment vehicle may be complicated by the rehypothecation and commingling practices of Wall Street firms.