Economics is the social science that studies the production, distribution, trade, and consumption of goods and services. Economics uses a mix of psychology, mathematics, experiment, and analysis to predict and understand economies.

There is a Gender Pay Gap Fact

The gender pay gap is real, and so is the gender earnings gap. Even after all reasonable differences are factored out, an unexplained pay gap between men and women exists across the board.

The Progressive Federal Income Tax System Explained

In America we have a Progressive Federal Income Tax system broken down into “tax brackets”. Tax Filers pay the “marginal tax rate” on each dollar of income in a given bracket (after most deductions, but before tax credits).

Eugenics Has Historically Been a Popular Theory Fact

Eugenics (including positive eugenics which breeds traits, and negative eugenics which prevents breeding) has been practiced since the Greeks, but rose to popularity in the west starting in the late 1800’s.

Stability Breeds Instability Fact

Stability isn’t necessarily destabilizing, but as Hyman Minsky’s Financial Instability Hypothesis eludes: longterm stability breeds instability and diminishes resilience in economic markets, mainly due to psychological factors.