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Economics
After cryptoassets, a wave of central bank digital currencies is set to revolutionize our ideas about what money is and how to manage it.
The Knights Templar were not only skilled fighters, but also clever bankers who played a crucial role in the development of Europe’s financial systems.
The value of art does not lie in the artwork itself but is instead determined by curators, collectors, critics, and other participants in the modern-day art market.
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There's enough evidence to conclude president Bukele had no idea what he was doing.
More than 1,000 years ago, Mesoamerican societies conducted one of history's most interesting experiments in commodity money.
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It turns out it's hard to make work at an Amazon warehouse fun.
The East India Company issued stocks to minimize the risk on their unpredictable but highly lucrative voyages. The rest is history.
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Kublai Khan wasn’t the first ruler in history to issue paper money, but his Yuan dynasty did take unprecedented action to ensure this revolutionary form of currency retained its value.
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The Greeks were among the first to move beyond “primitive money” and establish an official currency, transforming their trade, government, and even philosophy.
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What's the point of all that money?
Argentina's black market for cash is embracing crypto — but it's not what crypto proponents expected.
Why should it be considered impolite to discuss something so important to our long-term well-being?
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When you're a genius, how do you make ends meet?
Seattle slowly raised its minimum wage to $15 per hour. The results provide fuel for both sides of the minimum wage debate.
Digital nomads can fully immerse themselves in their surroundings while advancing their career and stimulating the local economy. But there is one potential downside.
An analogy explains the greater fool theory: You don’t have to run faster than the bear to get away; you just have to run faster than the other guy.
Our economy is dominated by middlemen, including huge companies such as Walmart and Amazon. There are many benefits to going direct instead.
Giant particle accelerators aren't a waste of money. They are essential for understanding the Universe.
Only 1% of corn grown is the U.S. is the type that people eat.
The hyperloop would be a great idea for a completely flat planet. With topography and infrastructure, it's a very different story.
Geopolitics is not a magic 8-ball. But making financial decisions — such as those regarding retirement — in a multipolar world without geopolitics is akin to flying blind in a storm.
"A cheap loan is beyond all new destiny." Does that mean anything to you?
Learning another language might make you richer, sexier, and smarter. Why not try it?
Majoring in economics can boost a graduate's early-career income by several thousand dollars, at least for those who live in California.
If the metaverse is money, then companies will certainly want to play, too.
Wealth was a cushion, but even being well-off did not protect people from the harmful effects of pandemic stressors.
Any dataset that can be quantified over time can be turned into a contest that is both exciting and (a little bit) enlightening.
Those that were the best at math didn't even show income satiation — there was no upper limit to how much money could make them happy.
In the most extreme cases, spiraling prices can lead to a collapse in a currency’s value.