Learn about market failure in economics, where supply and demand imbalances lead to inefficient distribution, its types, and causes.

Nobel-winning economist Simon Johnson on what causes prosperity gaps between nations The Nobel Prize in economics was awarded Monday to a trio of economists who have published research that looks at ...

Lunch lady economics: why feeling poor hurts like being poor -- Relatively easy: why we can't stop comparing ourselves to others -- Poor logic: inequality has a logic of its own -- The right, the left ...

Economic inequality is at an all-time high in the United States. Some claim that decades of systematic legislation have resulted in the wealthiest three families owning more wealth than the bottom ...