Banks

There are banks everywhere.  In small towns, huge cities, and foreign nations.  Bankers always seem to be wealthy, ever notice that?  The corner bank is really indispensable, and I would never want to eliminate them.  However, the way they work, if you wish to borrow money, is pretty amazing.  Perhaps 95% of the citizenry have […]

Basic Economics- Chapter 1

Economics, by definition, is simply the “Science that deals with the production, distribution and consumption of wealth,” according to a dictionary definition.  Wealth then, also according to a dictionary definition, is “Much money or property, or great amount of worldly possessions.”  We must then define ‘money,’ since wealth is obtained with money.  A dictionary definition […]