Discover the principles of economic justice, how it fosters equality, and explore actionable strategies to achieve fair economic opportunities for everyone.

Discover how command and mixed economies differ, focusing on government control vs. private sector influence, supply and demand, and economic growth strategies.

Most economists subscribe to a belief in “positive economics,” which means that economic theory flows from economic data. Thus, all theory can be tested for ...

Decision theory is a cornerstone of economic analysis, providing a framework for understanding how individuals and institutions make choices under conditions of uncertainty and risk. At its core, the ...

Bird flu has led to an egg shortage in the US. This has affected consumer behavior. This situation has led panic buying and significant shortages across the country. Virginia Tech economist Jadrian ...

The much-discussed “K-shaped” economy, characterized by divergent fortunes between high and low-income Americans, is approaching unsustainable levels, according to Dario Perkins, senior economist and ...

Prominent economist Mohamed El-Erian warns that the United States’ recent economic behavior is creating instability, not just at home, but across global markets. What Happened: In a column published ...

The markets have experienced a week filled with cautious observation and data releases that could shape economic decisions in the near term. Several key events have captured the attention of investors ...

Human behavior is driven less by rational decision-making and more by habit. Over the past decade, millennials have gradually reshaped daily routines to reduce ...