Economic Policy

The Origin of Social Security and Why It’s Controversial Today

Explore the history of Social Security, established in 1935 to protect Americans from poverty....

Why Does the United States Have So Much Debt?

Explore why the U.S. national debt exceeds $30 trillion. Learn about historical factors, economic...

What Was the Gold Standard, How It Worked, and Why It Ended

Explore the history of the gold standard: how it worked, why it ended, and...

What Exactly Does the WTO Do?

Discover the role of the WTO in global trade, from negotiating agreements to settling...

What’s the difference between microeconomics and macroeconomics?

Learn the key differences between microeconomics and macroeconomics. Understand individual vs. economy-wide behavior, market...

What’s the difference between a budget deficit and a trade deficit?

Learn the key differences between budget deficits and trade deficits, their causes, impacts, and...

What’s the difference between a progressive tax and a regressive tax?

Learn the key differences between progressive and regressive taxes. Understand how each system impacts...

What’s the difference between a fiscal policy and a monetary policy?

Learn the key differences between fiscal and monetary policy: how governments use taxes and...

What’s the difference between gross national product and gross domestic product?

Learn the key differences between GDP and GNP, including definitions, calculations, and real-world examples....

What’s the difference between fiscal policy and monetary policy?

Learn the key differences between fiscal and monetary policy: who controls them, their tools,...

What is the Difference Between a Liberal and a Conservative?

Explore the key differences between liberals and conservatives on government role, economic policy, and...