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Some Past Financial Bubbles

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Considering our recent banking, and real estate bubble and all this talk about whether the 2 year run in gold is actually a bubble has me thinking about what were some of the bubble in our history?  What financial bubbles did our ancestors have to deal with?

What is an Economic Bubble? According

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The Law of Diminishing Marginal Utility and Debt Repayment

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Law of Diminishing Marginal Utility

I got on the subject of Law of diminishing Marginal Utility with The Wife today, a theory which I was able to explain to her today in english.  Despite it being an economic theory (read: usually hard) it is quite easy to understand.   First thing is first - utility means

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Crash Course in Economics - Keynesian Economics 101

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I started this blog so I can post about all things to do with money – including personal finance, economics and taxes.  I think I have blogged about ad naseum (hahah had to fit a little Latin jargon in there) about taxes and personal finances but very little about economics.  Notwithstanding, I had voiced my opinion

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Who Supports our Country? The Wealthy Pay Provide Most of Income Taxes

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I know the title may be a tad dramatic, but I read an article from The Economist where the Author makes note that the deficit had been reduced (from 2004 to 2007) by, at least in part, due to the increase in income taxes from the wealthy getting wealthier in this country.  Take a

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Advantages of Using a Prepaid Credit Card

There are many benefits to using a prepaid credit card.  A prepaid credit, also known as a secured credit card  is defined by bank rate as a credit card that, “…requires a cash collateral deposit that becomes the credit line for that account.”

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