Experts are reaching to divine the president’s approach to global policy and economics, with one theory seeing antecedents in ...

A prolific writer and lecturer, he viewed U.S. history through the lens of class struggle. But some accused him of defending ...

In 1867, Europe’s intellectual elite was captivated by Marx’s Das Kapital. Meanwhile, no one had heard of 31-year-old Carl ...

Although Adam Smith is well-known for emphasizing division of labor, his analysis was woefully incomplete, as Dr. Mark Thornton points out.

Planet Money went to the annual meeting of the American Economics Association, and we saw some fascinating papers presented ...

Discover George Akerlof's pioneering work in economics, including his Nobel-winning analysis of asymmetric information and influential theories in market dynamics.

We should also stop calling Democrats liberals; they are not. True classical liberalism is that of its founder, John Locke, ...

IN the middle of the first half of the past century, the children of poor families who managed to attend university were held ...

It’s for these reasons that I declined to publish my critique in the Federalist. It’s a platform used for hate and outrage on ...

There have been huge debates about the nature of Stalinist Russia, China, Cuba and others, with many calling them "socialist" ...

Learn about market failure in economics, where supply and demand imbalances lead to inefficient distribution, its types, and ...

It is almost that time again, yes, Black History Month, and recently, before the winter storm hit Texas, I was doing a nice ...