The Great Recession of the late 2000s, cost untold trillions in lost output. It roiled long-settled political orders in the United States and Europe and put tens of millions of people out of work. In ...

Whether making everyday choices in the grocery store, contemplating the cost of college or voting in an election, economic thinking can help us analyze the world around us to make more informed ...

Economics in Two Lessons: Why Markets Work So Well, and Why They Can Fail So Badly, by John Quiggin, Princeton University Press, 408 pages, $29.95 On the radio and in his writings for The Nation, ...

The field of macroeconomics was born during the Great Depression, in an effort to explain why the world did not behave in the way that classical economics (what we would today call microeconomics) ...

While I quit the field of economics many years ago to be a software entrepreneur—a decision I never regret, I like to think I still use my economics knowledge, math, and decision making logic every ...

What economics lessons can we take away from the pandemic? Did early shortages show a failure of globalization or of government? Were lockdown policies the right course? And how optimistic should our ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Erika Rasure is globally-recognized as a ...

Jordan Peterson’s “12 Rules for Life: An Antidote to Chaos” has become a cultural phenomenon. But one aspect of his work is underappreciated—economics. Most of us hate making difficult decisions, but ...