Discover Joseph Schumpeter's influential theories on creative destruction, entrepreneurship, and capitalist evolution—key ...

Learn about Say's Law of Markets, how production drives economic demand, implications for growth and policy, and its ...

Critical Economic Theory is not a new concept. Like critical race theory (which is seen through a more controversial lens), CET seeks to examine and understand how systemic economics is ingrained in ...

When millions of homes and thousands of businesses lose access to electricity, it becomes obvious that energy is critical to the economy. We understandably focus on the crisis at hand. However, there ...

The following comments, about the article “Economics in an Age of Fracture,” by Daniel T. Rodgers (The Chronicle Review, January 14), are from chronicle. com: I don’t find the word “finance” in the ...

In the movie Shutter Island, Martin Scorsese's psychological thriller, a U.S. marshal played by Leonardo DiCaprio goes to a mysterious island to investigate the disappearance of a dangerous mental ...

Forbes contributors publish independent expert analyses and insights. Joseph J. Thorndike writes about tax history. Modern monetary theory (MMT) has gone mainstream — sort of. Long regarded with ...

With every new administration there are hopes on the part of roughly a half of the population and dread on the other. It flips like a coin. A random walk, for the probability fans out there, that ...

Edmund Phelps is a knotty riddle for taxonomists. In the present day, with thinkers consigned to “left” or “right” on the basis of a few well-worn clichés, some would be tempted to class him as ...