Economics is a social science that studies the collection, allocation and distribution of economic resources. Business owners use the study of economics to help them make business decisions. Not only ...

Economist Arthur Laffer might be best known for the Laffer Curve, a representation of the relationship between tax rates and tax revenue, but what he really wants you to know about today is how to ...

"Universal Economics'" 680 pages, not including its glossary and index, reflect a friendly chat I had with Professor Alchian during one of the UCLA economics department's weekly faculty/graduate ...

The economic cycle is an important driver of financial asset returns, yet in many ways the stately march of expansion and recession moves too slowly for traders and portfolio managers. After all, the ...

A specter is haunting mainstream economics. It is the specter of . . . modern monetary theory? So recent essays from Harvard luminaries Kenneth Rogoff and Lawrence Summers attest. For Rogoff, MMT is ...

For the first time in decades, inflation fills the headlines. An increase in the general level of prices reflects the falling purchasing power of money. A fundamental confidence in the power and ...

Treasury Secretary Steven Mnuchin on Thursday dismissed climate activist Greta Thunberg, saying the Swedish teen and Time Person of the Year should first go to college and study economics before she ...