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

In 1867, Europe’s intellectual elite was captivated by Marx’s Das Kapital. Meanwhile, no one had heard of 31-year-old Carl Menger, a modest Austrian bureaucrat. But when his work appeared in 1871, it ...

Explore how the Baby Boomer Age Wave Theory predicts economic shifts due to changes in baby boomer spending habits after age 50. Learn about its societal effects.

Ironically, an acatallactic pseudo-theory of money that emerged from a school of thought that rejected theory in favor of an ...

Explore the connection between neoclassical economics and neoliberalism, focusing on the shared principles of free markets, ...

A textbook for the modern prince should indeed contain, in addition to Machiavelli’s classic chapters, extensive new sections on the most efficient use of quotas, exchange controls, capital investment ...

Behavioral economics helps investors understand irrational market behaviors and customer choices. Examples of behavioral economic theories include loss aversion and sunk-cost fallacy. Recognizing ...

In an increasingly digital environment where data and advanced analytics challenge traditional economic modeling, the Bank of England is applying a fusion of machine learning (ML) with economic theory ...

A recent post from Daniel Lacalle, “How Keynesians Got The US Economy Wrong Again,” exposed the widening gap between John Maynard Keynes’ economic theory and reality. Despite the confident forecasts ...

President Donald Trump was fuming about the July jobs report signaling a significant slowdown in the economy when he recalled one of his simmering resentments: the statistician overseeing the ...

Markets work best when many companies vie for customers’ favour. They work badly when a few firms dominate, carving up sales between them. Economists therefore need a measure of whether markets are ...

Chancellor Friedrich Merz will pass an early plank of his domestic agenda into law on Friday, grounded in classical economic arguments. By Jim Tankersley Jim Tankersley has covered state, local and ...