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Why Countries Use Economic Sanctions to Prevent Conflict

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European nations just implemented crippling sanctions against Russia for invading Ukraine. But what exactly are sanctions and do they really work as intended?

How Wine, Art and Diamonds Defy the Laws of Economics

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HowStuffWorks looks at the concept of Veblen goods, where demand goes up when the price does. But why?

10 Signs the Economy Is Improving

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It can be hard to see signs that the economy is improving, even though the recession ended in June 2009. Find out 10 signs the economy is improving.

What's the ultimatum game?

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The ultimatum game is a form of economics experiment that provides insight into the human psyche. Learn about the rules to the ultimatum game.

Recession Pictures

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Trace the economy's path from subprime collapse to the mortgage crisis to the credit market crisis. Check out our Recession Pictures.

How Capitalism Works

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Capitalism is, in essence, economic freedom. Learn about the state of capitalism today and the basic approaches to a modern economic system.

How Microlending Works

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Microlending is a new type of lending that has entered the scene. Learn how microlending works and what risks are involved.

What is stagflation and why is it so dangerous?

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Stagflation is explained in this article. Learn about stagflation.

How Budget Airlines Work

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Budget airlines offer lower fares by cutting their costs of operation. Learn how budget airlines cut costs and whether they cut corners on safety.

Is Ghost Towns Real? Exploring Their History and Mysteries

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Ghost towns are abandoned settlements that once thrived, often due to economic or environmental changes.

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