Tag: economics

How Credit Cards Were Invented | Planet Money | NPR

This is where the story of the magnetic stripe and the chip on your credit card begins — an airport in the 1960s. Back then, you want to pay with a credit card, you walk up to a ticket counter, hand over your credit card, and the airline calls up the bank to make sure…

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Sneaker Money – Full Video

you recognize this place right you’ve seen it on TV it’s Wall Street located in lower Manhattan New York City it’s where millions of dollars in stocks and bonds are traded every market day and this is the Chicago Mercantile Exchange where they trade in commodities like cattle grain money in its many forms moving…

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What Is Money ?

What is Money? We all use money We need it to buy things We work hard to earn it. We save it for retirement, or a rainy day. We all rely on money – so why don’t we know how money works? Why is there sometimes too much of it, making us believe that the…

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An honest look at the personal finance crisis | Elizabeth White

You know me. I am in your friendship circle hidden in plain sight. My clothes are still impeccable — bought in the good years when I was still making money. To look at me you would not know that my electricity was cut off last week for nonpayment, or that I meet the eligibility requirements…

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The time value of money – German Nande

They say, ‘Time is money,’ but what does one really have to do with the other? Meet Sheila! She just got her first big bonus. Sheila knows exactly what she wants to do with that money. She’s had her eye on a nice convertible for a while now. Yes, Sheila, that’s a nice car! Oh,…

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Milton Friedman on Guaranteed Income / Negative Income Tax / Basic Income

This is Milton Friedman. The Nobel Prize winning libertarian economist… …who adamantly opposed big government. The government is too big. It’s becoming our master instead of our servant. We’ve got to redact against it and cut it down to size. So it may come as a surprise… …to learn that Milton Friedman… …proposed a government…

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How does corporate income tax work? | VIEWPOINT

Now this is a complicated topic, so we’re gonna be trying to do this in a series of stages here today, exploring different aspects of the topic as we go along. We’re first gonna start with a simple description of how the corporate income tax works today and then lay out what we see as…

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Basic Income: An Idea Whose Time Has Come | James Mulvale | TEDxUManitoba

Translator: Michele Gianella Reviewer: Elisabeth Buffard Good afternoon, Bonjour, Tansi. [English, French, Cree] I’m with the Faculty of Social Work, and I’m here to talk to you about an idea I’m very excited about. I think, as the host mentioned, something we’ve talked about in Canada for a long time, but it’s really been coming…

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How to become wealthy online – How to become wealthy fast online and wealth principle

hey guys I have good news for you I’m here to tell you that you have to stop searching for ways to make money online I have the solution to your problem so please watch the video and you’ll understand why hi yes making money online is making millionaires out there and even billionaires if…

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The History of Paper Money – Not Just Noodles – Extra History – #2

While there’s little truth to the idea that Marco Polo brought pasta to Italy from the east, there’s another marvel that the book about his travels popularized. It was an idea, a radical one, which is perhaps best summarized by the very title of the chapter that discusses it. For in the book of the…

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