Category Archives: Economics
Car Insurance
Everyone is excited about getting a driver’s license and getting that first car, but before you take that first spin you will need car insurance. But what are the most important things to understand about insurance? How does it protect … Continue reading
Posted in Economics, Risk Protection
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Human Capital and Productivity
We often think of economic strength in job numbers or statistical growth, but the greatest asset in our economy is human capital. What is human capital? How does it grow and what are the costs and benefits of developing it? … Continue reading
Scarcity vs. Shortage
How often have you seen store shelves emptied of essential items just before a blizzard or hurricane is expected to hit? Why does that happen? Is it a shortage or a scarcity? Radio America’s Gianna Holiday explains the difference between … Continue reading
Posted in Economics
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The Broken Window Fallacy
Some economists and politicians believe that a silver lining to natural disasters and other destruction is that rebuilding is a huge boost to the local economy. But is restoring things the best use of money or is building additional value … Continue reading
Posted in Economics
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Crowding Out and Government Debt
The federal government is sinking deeper and deeper into debt and that means it needs to borrow more and more money. Radio America’s Claire Alfree explains where that money comes from and why individuals and small businesses end up suffering … Continue reading
Posted in Economics
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Investment in Infrastructure
You probably don’t think about it much, but you benefit from investment in American infrastructure many times every day – from the roads you drive on to the utilities in your home. How is infrastructure defined? What are the different … Continue reading
Posted in Economics
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Trade Wars
We hear a lot about tariffs and trade policy as the U.S. seeks a more favorable economic relationship with countries like China, Canada, and Mexico. Whether you follow these issues or not, these decisions directly impact you and how much … Continue reading