Discover what basic balance means in economics, its role in balance of payments, and how it helps evaluate a country's inflow ...

This is directed more to younger voters, many of whom too often don’t get any or enough economics instruction anymore. Inflation is, simply put, too much money chasing too few goods. So to ease ...

Former H.U.D. Secretary and American Cornerstone Institute founder Dr. Ben Carson discussed the Biden administration’s handling of record-high inflation, arguing "it’s very clear" that the president’s ...

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 ...

In a guest editorial on PennLive earlier this month, Vinnie Trometter shows a lack of basic economic understanding arguing against the federal repeal of an overreaching California law that hurts ...

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 ...

BBC News’ journalists failure to understand “basic economics” is bringing a “high risk to impartiality,” according to a BBC-commissioned report. The finding was contained in the first BBC impartiality ...

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 ...

According to the law of supply and demand, when the government prints or borrows trillions of dollars, the value of the dollar declines, and prices rise. That is called inflation. According to ...