Archive for Economics

Europe’s Debt Crisis

Greek debt, bailouts, austerity, unemployment, protests, and political upheaval: a brief explanation, and opinions on what’s likely to happen next.

The Deficit and the Debt

What’s the difference between the national debt and the deficit? How big is the debt? Why is it a problem?

The Financial Crisis

Since 2007, the U.S. and global economies have struggled through the worst financial crisis since the Depression of the 1930s.

Globalization

Globalization refers mainly to the growth of trade (and other business interactions) among the countries of the world.