To understand front-line economics, consider trade with Russia, investor uncertainty, defence spending and consumer attitudes ...

Today we’re all getting smarter about some of the economic and political terms dominating the headlines these days. Terms ...

A fundamental economic principle is that voluntary trade creates wealth, and the more people trade, the greater their ...

After finding that historic health data from that period was difficult to access — and inspired by the 2021 “Building Environmental Justice on STX” project at Bennington College, developed by David ...

Why has America forgotten the three most important economic lessons we learned in the 30 years following World War II? Before I answer that question, let me remind you what those lessons were: First, ...

I try to find economic lessons in books, TV shows, and films that aren’t at all about economics. It’s really not that hard. Lots of stories revolve around the notion of unintended consequences.

One beauty of economics — the study of how human beings use scarce resources — is that its basic principles apply to life even if money is not involved. Opportunity cost, externalities, sunk costs, ...