U.S. Faces Tariffs In Response To Trade Dispute -By Scott Miller WSJ - 11/18/04 This article posted in The Wall Street Journal on Thursday the 18th of November discusses how in response to the highly criticized Byrd amendment the European Union has announced plans to impose a set of punitive...

Greenspan and the Federal Reserve: Methods and Resources The United States of America was founded as a capitalist nation dependent on independent trade by privately owned businesses. This system of economics stays as far away as possible from a centralized government controlled economy. However,...

If you take Krugman's book and any and all other articles he has written on the crises in Japan, anyone can tell that he thinks Japan needs inflation. According to him, Japan needs to print sufficient money to ensure many years of rising prices (i.e. rising by more than 3%). Given that nominal int...

Interest Rates Interest is the charge the lenders set for the borrowing of their money. Interest is done in a percentage like five percent or ten percent. So the lender collects their original money along with extra money based on the percentage rate. Business, governments, and consumers ...

In the beginning there was barter, "(1) ...people learning to trade the things they had for the things they wanted." What sparked this form of trading was the fact that our earliest ancestors were self-sufficient. Occasionally there were surpluses of one commodity or another, this is how...

Alan Greenspan and his colleges of the Federal Reserve have been taking over the last 9 months to slow the economic growth of United States. The astonishing growth rate of 7.3% is fueled by an economy that is in the midst of a "high tech revolution". The Fed has increased interest rates too much i...