Learn about Say's Law of Markets, how production drives economic demand, implications for growth and policy, and its ...
Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Robert Kelly is managing director of XTS Energy LLC, ...
Economists develop economic models to explain consistently recurring relationships. Their models link one or more economic variables to other economic variables (see “Economic Models,” p. 8). For ...
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 ...
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 ...
Incentives are part of our daily life and can affect everything from what we eat to how we parent our children to how we perform at work. Many everyday incentive behavior is rooted in economic ...
Whether we decide to take out that insurance policy, buy Bitcoin, or switch jobs, many economic decisions boil down to a fundamental gamble about how to maximize our wealth over time. How we ...
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 ...
Congress has authorized $6 trillion in deficit spending to defeat the coronavirus. That’s more than the United States spent fighting World War II, when $4 trillion of government spending released the ...
When gasoline is expensive, people grumble that big oil companies like Chevron and ExxonMobil are colluding to keep prices high. They’re wrong. The best way to understand why businesses aren’t ...
We don't always behave the way economic models say we will. We don't save enough for retirement. We order dessert when we're supposed to be dieting. We give donations when we could keep our money for ...
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 ...