EconomyPolicy

Intro to Modern Monetary Theory

Share this:

In the mid-to-late 20th century, economists predicted that nascent economic theories would mean the death of major recessions and depressions. Governments could preemptively adjust their fiscal and monetary policy to soften or largely prevent the effects of the business cycle, which before was so capricious and severe. This prediction has proven false. Decade after decade, […]

EconomyEducationInvesting

The History of Regulating the Financial Markets

Share this:

As much as investing is crucial to our economy, so are the rules which regulate it. History shows that when regulation was misguided or lacking, massive financial and economic crises have happened. The most notable of these crises are the Great Depression and Great Recession. Regulation ultimately prevents misconduct which promotes the excessive risk of […]

EconomyOpinion

America’s Infrastructure Problem

Share this:

Almost every politician in America will agree on one thing: public investment in infrastructure is unacceptably low. President Trump has pushed infrastructure week, and most democratic presidential nominees have announced sweeping plans to invest in infrastructure. But in reality, even with these new plans, America’s infrastructure is far behind — foolishly behind — its rising […]

EducationInvesting

Intro to Leverage

Share this:

You gotta spend money to make money. Or rather, it takes money to make money. This is true because when capital is invested, it generates interest proportional to the investment. Therefore, the larger the investment, the larger the return. This is great if you have tons of money because it means you can make tons […]