The Austrian School of Economics is known for its unique approach to understanding economic phenomena, emphasizing individual choice, subjective value, and the spontaneous order that emerges from ...

Totalitarianism is not compatible with a functioning economic system based upon free exchange and private property. Such ...

Side Economics?The theory of supply-side economics maintains that increasing the supply of goods and services is the engine ...

Itai Sher, associate professor of economics, has published a new paper exploring the reliability of Generalized Social ...

An economy of scale is a microeconomic term that refers to factors that drive production costs down while increasing the volume of output. Find out the difference between internal and external ...

Conservatives today often denigrate a concern with economic inequality as a deviant left-wing preoccupation. In fact, from ...