“Financial education.” This was my condensed response to a question in a recent Publishers Weekly interview: “What could have helped improved the lives of so many people during the Covid-19 crisis?” ...

One beauty of economics — the study of how human beings use scarce resources — is that its basic principles apply to life even if money is not involved. Opportunity cost, externalities, sunk costs, ...

This year's Nobel Prize for economics honors three scholars who have tried to understand why innovation happens and how it promotes economic growth. The laureates have shed light on the mysteries of ...

Lessons from Soviet Economics for the Climate Era Abby Innes argues the world needs to reimagine how governments wield economic tools if we are to get on track to fight climate change.

A fundamental economic principle is that voluntary trade creates wealth, and the more people trade, the greater their well-being. Most economists agree that the more a nation’s citizens can trade with ...

Reverend Jesse Jackson was more than just a towering civil rights leader. He — who passed away Tuesday at the age of 84 in Chicago — spent his life dedicated to championing civil rights, including ...