We explain economic inequality from a historical perspective, and then consider the effects of wealth inequality and income inequality in America today.
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.
We present a discussion on “the meaning of life as happiness,”the Greatest Happiness Theory,” “the Good Life,”the Pursuit of Happiness,” and Virtue Theory.
Velocity of Money is a measure of money exchanged over time, typically how often and quickly the average dollar is exchanged per day.
A series of social and legislative changes in the 60’s ended an era of tuition-free state universities in the US and started the current student loan crisis.