College is a good deal, but it could be a much better deal. A combination of factors have driven the costs of higher education in America to increase extremely quickly, pricing some people out of an education and building over a trillion...

What is the relationship between core general purpose technologies (e.g. steam engine, electricity, computers) and the sectors to...

The British Corn Returns data provided the empirical basis for the fierce debate around the introduction and repeal of the 19th century British Corn Laws. Contemporary readers, like David Ricardo and Thomas Malthus, followed them as...

What are the rationales for State support for technical innovation? Adopting the Neoclassical approach of "market failure", Nelson and Arrow suggested that private business firms will invest less in research & development than is...

Hey macroeconomics students! In this video I explain the three functions of money, how economists classify money, the difference between stocks and bonds, and the relationship between interest rates and bond prices. I know it’s heavy on...

You're sheltered at home, watching the market plunge... should you sell? Or buy? Is it different this time?

This week on Blockchain Central we will dive into the world of day trading crypto! Find out what are the main mechanisms of the market, how can you profit form selling and buying cryptocurrencies and see what are the downsides of this...

This video introduces the concept of PESTLE analysis and how it can be used by businesses to identify future threats and opportunities in the external environment. The video explains how businesses can use the PESTLE framework to manage...

An emerging area for applying is the stock market trading, where a trader acts like a reinforcement agent since buying and selling particular stock changes the state of the trader by generating profit or loss, that is, reward. • Define...

What is the relationship between entrepreneurial firms and venture capital? In providing start-up financing, venture capital investment may earn high payoffs if a new technology succeeds, but also risks large losses if it does...

What will the next technological revolution look like? What challenges will be posed by climate change? Economists cannot approach it merely as an externalities pricing problem, but one which will require a wider range of policies...

Financial speculation and bubbles​ are often of vital importance in fueling technological progress. Janeway reviews and distinguishes between various kinds of speculative bubbles over the past two centuries. While many have been...

In the last few days confusion and controversy has exploded around GameStop Stock. This reached a head on Thursday when Robinhood and other trading apps blocked regular traders from buying the stock. In this video we explain exactly what...

The video is an educational presentation that discusses the different legal structures that businesses can have, and how those structures affect the liability of the business owners. The presenter explains the concept of unlimited...

Historically, election season leads to a volatile market. Here's what that means for your investments.

In 2010, the 500 largest companies in the United States, otherwise known as The Fortune 500, generated $10.7 trillion in sales, reaped a whopping $702 billion in profits, and employed 24.9 million people around the...

Innovation drives economic growth and welfare, and the industrial corporation drives innovation, says William Lazonick. But just how do corporations innovate? The key idea is commitment. People with knowledge of and experience in...

This week on Blockchain Central: we'll look into the main differences between Initial Public Offerings (IPO) and Initial Coin Offerings (ICO). How to choose the right way of investing money and what are the risks of each of them?

Just the Facts: The Emergence of Modern America: The Depression uses fascinating historical footage to explore six decades that shaped modern America. The series examines the Gilded Age in the late 19th century, the Progressive Era of...

The condition of the Chinese economy is increasingly becoming a significant factor exorcising the minds of global policy makers. Even though China’s most recent data has shown signs of stabilization (and the current turmoil in the...

Gold is king in times of crisis, and is seen as a safe haven for investors. However, as the FT's Robert Armstrong explains, it is also traditionally associated with fear, hoarding and inflation, and betting on gold is a bet against history

When the stock market grows faster than the housing market, the gains of the top 1% outpace those of the middle class.



INET Fellow and University of Bonn professor Moritz Schularick discusses the drivers of wealth...

Special purpose acquisition companies have taken Wall Street by storm. These shell companies raise money by listing on the stock exchange but have no business plan other than to acquire a company that will eventually go public. Spacs...

The covid-19 pandemic has caused economic chaos and uncertainty. Zanny Minton Beddoes, our editor-in-chief, and Edward Carr, our deputy editor, answer your questions about the global economy