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It would have been refreshing to see an understanding of this basic principle — which is perfectly obvious when you think about it — by the shouting masses recently, or at least by our congressman, ...
The slump in jobs is a painful lesson in basic economics, revealing how increased costs lead to fewer jobs available.
Though Las Vegas is perhaps best known as a tacky City of Sin where what happens within its limits stays there, its fortunes and misfortunes provide us with broad lessons about how economies work.
There was much to do and many things to buy Thursday at Winfield Elementary School’s Econ Fair, which aims to teach students about basic economics using firsthand lessons.
Given recent economic news, I wonder whether our leadership has even a fundamental understanding of how a free-market economy works. Here’s a basic layout. The cost of goods is determined by the ...
The economic downturn has left many Americans focusing on their basic needs. Until they can be addressed, all other items are beyond their focus and attention.
Supply and demand is the most basic principle in economics, but some companies need to brush up on this principle from time to time.