Economic Theory

Categories
US dollar

The Early History of the US Dollar

Some infographic notes.

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When would gold become worthless?

When gold would be worthless

The psychology of gold, its value, and money

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Commodity-Based Currency. And goats.

Commodity-Based Currency: The Problems With Goats

Goats being used to pay school fees is one thing - but is there a better commodity-based currency out there? And would it be better than fiat money?

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P2P Lending

P2P Lending: A User’s Guide

How it's disruptive, why it's cool, and when you should start to worry that P2P lending might turn into a terrible idea...

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The decline of the US dollar

The US Dollar’s Buying Power, Over Time

But more importantly, how many pairs of patent leather shoes could you buy today?

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money, value, and one dollar bills

Money: What Gives A Dollar Bill Its Value?

An awesome youtube clip about what gives money its value. You should watch it.

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seigniorage and coins

Seigniorage and Issuing Coins: All The Money To Be Made

When is a currency worth the paper that it's printed on? And what is seigniorage anyway?

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shutterstock_495186139

Are we heading for Financial Armageddon?

The internet is filled with financial prophets of doom, all proclaiming the Fiat Money End Times. Should we be worried that they're right?

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tragedy of the commons and antibiotic resistance

Tragedy of the Commons: Antimicrobial Resistance

Superbugs, superdrugs, and the "let's argue about what causes it" distraction.

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keynesian v austrian

Keynesian v Austrian Economics

The debate, explained with infographics and illness.

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