Below is a list of the current largest economies in the world in 2021 based on the most recent data available. Nominal GDP in U.S. Dollars: Measures and compares GDP between nations by cons... Read more
John Maynard Keynes was a legendary English economist in the first half of the twentieth century. He was a trailblazer in economic thought and had new ideas that fundamentally changed the th... Read more
What is the difference between positive skew versus negative skew? Skewness is the measurement of a a coefficient that has the ability to be positive, negative or neutral (zero). The coeffic... Read more
A fiat currency is a type of money that has no intrinsic value and can’t be exchanged for any physical commodity or good. A fiat currency is usually created inside a national economy... Read more
One big question so many people currently have that are knowledgeable about economics and investing is “What the hell is going on with the stock market?” As the pandemic expande... Read more
The efficient market hypothesis or ‘EMH’ for short is the theory in economics that believes all known information is already reflected in current stock prices. The followers of t... Read more
Money is any accepted unit or verifiable ledger that is used and accepted for transactions of goods and services, payments on debts, or tax collections inside a specific geographic area, nat... Read more
The laws of supply and demand are foundation economic principles that is the primary motivation for producers and consumers in making their decisions. The law of demand says the higher the... Read more
Creative destruction (Also sometimes known as Schumpeter’s gale), is a concept of economics which is known primarily from Joseph Schumpeter who was an Austrian economist. The theory of... Read more
The time value of money is the measurement of the benefit of getting money in the present instead of the same amount at a later time in the future. It is based on the preference of when you... Read more
