Articles in the 101 Category

The Gold Standard
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Posted in 101, Economics on 6 July 2009
Stats: 323 views and No Comments The gold standard is a monetary arrangement whereby the currency in circulation is equivalent to a fixed value of gold. The gold standard was replaced by fiat currency, whereby the government or central bank is ultimately responsible for the value of the money. Until 1971, the U.S. dollar was fixed to the ...
Single Payer (Public Option) Health Care
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Posted in 101, Economics on 22 May 2009
Stats: 229 views and No Comments With the Obama Administration aggressively pursuing "comprehensive health care reform," interest in single payer health care is again on the rise. But single-payer is neither a new idea, nor a particularly good one. In a single payer health care system, all health care is purchased by the government so that ...
Economic Stimulus Bill – ARRA of 2009
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Posted in 101, Admin, Economics, Featured on 10 February 2009
Stats: 1,901 views and No Comments The American Recovery and Reinvestment Act of 2009, generally know as the Economic Stimulus Bill, is currently in Conference Committee. A vote is expected Friday, February 13, 2009. The latest version of the bill, in addition conference reports,  can be found here at the Library of Congress.  FEE Analysis of Economic ...


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