“I don’t care who writes a nation’s laws — or crafts its advanced treatises — if I can write its economics textbooks.” — Paul A. Samuelson What is the socially optimal amount of pollution in the ...

"Basic Economics" is a 653-page book, not including the index. One doesn't have to start reading it at the beginning. Near the book's end, there's a section titled "Questions," and it points the ...

Chris House has a somewhat odd post in which he argues that unlike in most other academic disciplines, in economics the facts have a conservative bias: I suspect that the relatively high proportion of ...

Kamala Harris claims she has a plan to solve the crisis she helped cause: inflation. Under former President Trump, the inflation rate averaged 1.9%. It skyrocketed to 9.1% in 18 months under Joe Biden ...

The simplest way to understand economics is that it is a reckoning with unavoidable tradeoffs. If you spend money on something, you may obtain something in return—but you lose the ability to use those ...

Now, given that Ocasio-Cortez does apparently have a degree in economics, we might assume that she has come across this basic Econ 101 phrase before. Thus, the congresswoman really should know that ...

When New York's Rep. Alexandria Ocasio-Cortez warned that the world would end in 12 years due to climate change, she fell short of noting the U.S. national debt as another contributing factor. The ...

Paul Solman: On Tuesday, we posted the first transcript from a series of interviews I’ve done with Paul Samuelson over the years. This installment picks up where the last left off, explaining the most ...

A surprising eight out of 10 12th graders understand basic economics concepts, according to a national study released on Wednesday. “Given the number of students who finish high school with limited ...

The arguments about whether Facebook and Reliance (among others) might be allowed to offer a subset of the internet for free, the program known as Free Basics, continues to heat up. And what is ...

Purchasers of Black-Market Human Organs Often Complicit in Murder Audio By Carbonatix When it comes to the scourge of “price-gouging,” Kamala Harris is on an island. Save the usual suspects such as ...