What makes price theory unique in economics is its parsimonious balance between theory and empirical fact. In the gasoline example, price-theory reasoning helps us see that the pursuit of profit cuts ...

Economic theory’s elusive mixture of “scientific” and “artistic” elements is probably what attracted me to it in the first place.

From promising forecasts to a precarious present,can geopolitical shocks derail India's corporate growth story? An economic ...

Economic theory, and the profound impact it has on our lives, is much simpler than trained economists (apologies to my ...

Keynesian economics dominated economic theory and policy after World War II until the 1970s, when many advanced economies suffered both inflation and slow growth, a condition dubbed “stagflation.” ...

The past year has been something of an economic miracle. Against all odds, we didn’t actually need a recession to bring down inflation. But if the Fed is unwilling to accept the good news, then ...

A Unified Economic Theory of Being a Bully The idea is to advance US interests by merging policies on trade, international finance and national security – at the expense of friends and ...

In “Hate the Game: Economic Cheat Codes for Life, Love, and Work,” economist Daryl Fairweather has some ideas about how to get ahead.

SEOUL, May 22 (UPI) --An economic theory has sparked controversy during South Korea's presidential campaign, with the opposition leader introducing a classic economic metaphor called the "hotel ...

The Economic Theory That Explains Why Americans Are So Mad Annie Lowrey talks about how the affordability crisis is shaping how Americans perceive the state of the economy. June 7, 2024.