Economy refers to the production, distribution, trade, and consumption of goods and services.

Money Can Buy Happiness


Money Can Buy Happiness

Money can buy happiness in some ways, and cause unhappiness in others, studies have shown that different types of wealth and income affect happiness and unhappiness in a variety of ways.

Bitcoin is an Actual Coin


Is a Bitcoin an Actual Coin?

Bitcoin isn’t a literal coin; it’s a list of transactions recorded on a shared digital public ledger called a “block chain”.

U.S. Universities Have Always Charged Tuition


Have US Universities Always Charged Tuition?

US public state universities used to be tuition-free from the early 1800’s to the late 1960’s, although they still charged fees, but college has never been free in the US.

America Has Always Had an Income Tax


Has America Always Had an Income Tax?

The first income tax in the U.S. was part of the Revenue Act of 1861, the first permanent income tax was in 1913 as part of the 16th Amendment.