Tori Whiting is the Jay Van Andel trade economist in the Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundation. Although nearly a quarter of Americans (23%) say socialism ...

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 fact that Sowell’s “Basic Economics” has been translated into seven different languages speaks well of its usefulness in transmitting fundamental economic understanding. Reading it can benefit ...

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 ...

Our Republican representatives' unwavering approval of Trump’s handling of the ongoing tariff fiasco once again demonstrates their total lack of understanding of even basic economics.

Federal Reserve Chair Janet Yellen at the Federal Open Market Committee meeting in Washington on Sept. 20, 2017 The former head of the Federal Reserve thinks President Donald Trump doesn’t understand ...

Although nearly a quarter of Americans (23%) say socialism means equality, fewer (17%) correctly identify socialism as an economic system where the government controls key factors of production and ...

"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 ...