Money center banks focus on lending and borrowing with governments and large institutions rather than consumers. Learn their role in the global economy and financial landscape.

Fiat money refers to a type of currency that holds value because a government declares it as legal tender, rather than being backed by a physical commodity like gold or silver. Most modern economies ...

Keynesian economics is a theory whose premise is that aggregate demand is a primary driver of the economy and employment. Keynesian economics is an economic theory, and the basic premise is that ...

View post: Amazon is selling a variety set of handweights for only $33 Supply-side economics (also called trickle-down economics and Reaganomics) is a macroeconomic theory that focuses on supply-side ...