Economics
Mayans Used Chocolate for Money
These products would eventually go on to serve as universal currencies across the different Maya regions and were used to finance state activities, as well as household needs.
Prime Minister of Jordan Ousted After Protests
Jordan's King Abdullah asked Hani Mulki to resign.
U.S. Faces Billions in Retaliation for Trump's Tariffs
Countries facing steep import tariffs are also likely to sue the U.S. for compensation, experts say.
People in Taiwan Are Hoarding Toilet Paper
The government has reassured shoppers there is no shortage of supply.
How Much Money You Need to Feel Good About Life
The amount of money that ensures happiness is more than most people earn.
Meet Japan's Cryptocurrency Band
Sample lyrics include lots of helpful hints, like "Be careful about your password! Don't use the same one!" and "Don't underestimate the market!"
Is Bitcoin a Bubble Like the Dutch Tulip Craze?
The Bitcoin buying frenzy resembles the speculative purchase of Google and Amazon shares more than the tulip craze.
Why Aren't Women Believed?
We like to believe our society rejects rape and unwelcome sexual advances, no matter who the perpetrator is.
Trump's Conservative Base Will Not Accept EPA Fuel Cuts
Republicans called the proposal "backwards" and "cannibalistic, zero-sum scenario," while farm lobbying groups warned of serious consequences if President Donald Trump broke a promise to farmers.
A Well Deserved Economics Award. But For What Exactly?
Neil Buchanan writes that behavioral economists have shown people "consistently behave in ways that defy economic theory."
Atheist Fights to Remove 'God' From Currency
One atheist has made it his goal to remove the motto from U.S. currency.
Should We Be Alarmed by the Sinking Value of the Dollar
Since 2014, the U.S. slowly has been transforming into an exporter of commodities rather than an exporter of capital goods.
Mnuchin Wants Dollar Bills to Stay Pale, Male
Treasury Secretary Steve Mnuchin put into question Obama-era plans to feature abolitionist Harriet Tubman on the $20 banknote.
Five Good Reasons Women's Shoes Cost More Than Men's
Why do women tend to pay significantly more for deodorant, haircuts, and dry cleaning than men?
How to Manage Money: The Hedge Fund Shaking Things Up
Numerai has established the highest paid data science competition in the world.
Rick Perry Doesn't Understand Basic Economics
Energy Secretary Rick Perry is being mercilessly mocked for his latest gaff.
Michael Dorf: How to Handle a Flip-Flopping Trump
One problem with flattering Trump is that his policy shifts reflect his limited attention span.
Trump Should Take a Walk on the Liberal Supply Side
Government investment would give workers and contractors more money to spend.
Neil Buchanan: Republicans in a Dishonest Fantasy Land
It must be exhausting for Republicans to have to remember so many alternative facts.
How Donald Trump Met Reality
From Syria to Goldman Sachs, Donald Trump is ditching Bannonism and moving closer to the American mainstream.
Donald Trump: China Is Not a Currency Manipulator
Throughout his election campaign, Trump accused China of manipulating the yuan to get ahead in trade and accused China of "raping" the U.S.
In Zimbabwe, Cows May Soon Be Used to Secure Loans
The proposed law is designed to make it easier for small businesses to get loans.
How Harvard Flunked Economics
If you want to know why the U.S. economy is a mess, look to the Harvard Business School and its army of craven MBAs.
Venezuela's Government Escalates 'Bread War'
The "bread war": The Venezuelan government has threatened to seize bakeries which do not comply with its new regulations.
Modi Claims Landslide Victory in Battleground State
Almost four in ten voters backed Modi's party in India's biggest state, Uttar Pradesh.
Somalia Plans to Print Its Own Banknotes After 26 Years
Somalia's currency collapsed after the outbreak of civil war.
Why Does the Price of Bitcoin Keep Rising?
The price has reached record highs, with one bitcoin worth more than one ounce of gold for the first time.
China's Congress to Focus on Ailing Economy
Policymakers are worried about high debt levels and an over-inflated housing market.
Trump Says Chinese 'Champions' of Currency Manipulation
During his presidential campaign Trump frequently accused China of keeping its currency artificially low against the dollar to make Chinese exports cheaper, "stealing" American manufacturing jobs.