Today, Craig is going to dive into the controversy of monetary and fiscal policy. Monetary and fiscal policy are ways the government, and most notably the Federal Reserve, influences the economy - for better or for worse. So we’re going...

This week on Crash Course Econ, Jacob and Adriene are talking about failure. Specifically, we're talking about market failures. When markets don't provide a good or service efficiently, that's a market failure. When markets fail, often...

A video entitled "Income Taxes" that discusses how income tax works.

Taxes are withheld from employees’ gross earnings each pay period. The taxes are sent by the employer to the respective government agencies. Additional calculations are required to determine the amount the employer must send to the IRS.

Everybody hates paying taxes, but what if no one had to pay them? As strange as this may seem to modern Americans, until the 16th amendment, the USA didn't have a permanent federal income tax. So how would America be different if federal...

Remember when you received your first paycheck at your first job and the amount was a little lower than expected? Surprise! Some of that money was already spent for you. Have you ever stopped to figure out exactly WHAT is being bought...