Don't Trickle on Me!

Ever since the days of Ronald Reagan's presidency we have heard the term Trickle Down applied to economics. The actual theory is called Supply Side Economics Theory, and it is an idea that if you cut or...

Milton Friedman on the Central Federal Reserve Bank

“The Federal Reserve definitely caused the Great Depression by contracting the amount of money in circulation by one-third from 1929 to 1933.” -- Milton Friedman, Nobel Prize winning economist, January...

Economical and Finance Jokes

A chemist, an engineer and an economist are stranded on a deserted island. They carry with them some canned food but have no ordinary means of opening the cans. The chemist suggests gathering some wood and...

The Reluctant Convert -C.S. Lewis- He Makes Me Think

Getting Rich...Slowly, Part 2: Proper Habits of a Rich Person

In our first lesson, we learned that the first step towards building wealth is thinking about gaining riches in a serious, pragmatic fashion. The next step is putting such thoughts into action. After all, thoughts without action are essentially...

Young Entrepreneur - Declan Galbraith

Traditional ways for kids to make money have focused on household chores, but busking led to multi-million pound recording career for Declan Galbraith.

Krugman on Friedman - A Critique

With the passing of the late John Kenneth Galbraith (1908 - 2006) the job of popularizer of the economics of government economic control of the economy has been taken up by Paul Krugman. Like Galbraith, before...

A Selected Few Child Prodigies

Pictures, info and videos of a selected few talented child celebrities.

John Kenneth Galbraith on the Central Federal Reserve Bank

-- John Kenneth Galbraith From his last book The Economics of Innocent Fraud : The Fed, for all its power and prestige, effectively does nothing, says Galbraith. In his view, America's Federal...

Some of the Economic Ideas of John Kenneth Galbraith Part One

This is part one of a series on some of the economic ideas of the prominent Liberal economist, John Kenneth Galbraith -- one of the most important social theorists of the twentieth century. There will be twenty-one hubs covering selections presented in a paperback called "The Essential Galbraith."