How the UK De-Globalized After Leaving the EU
In a previous post, we talked about how many countries around the world have shifted toward more of a nationalist sentiment, and what it looks like when a country decides…
What is Cyclical Unemployment?
In our previous posts, we talked about two other kinds of unemployment and what causes them: frictional and structural. In this post, we're discussing cyclical unemployment and why it happens.…
What is the Debt Ceiling and Why is it Important?
If you've been paying attention to the news, you have probably heard about the debt ceiling standoff in Congress. What is the debt ceiling? The debt ceiling is a legal…
How Do Central Banks Control Inflation?
Perhaps control is not the right word here: Central Banks aim to manage inflation using the economic levers at its disposal to tweak the economy. One of those levers is…