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 ...

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

The United States is fighting wars on multiple fronts. Aside from our involvement in Ukraine and the Middle East, a hot war is being waged against economics. This war is being championed by the ...

The costs of the COVID-19 crisis come in two primary forms. The first is the direct impact in terms of health and lives lost. The second is the indirect impact that comes from efforts by individuals, ...

With the economy going into a shutdown mode for at least month, and possibly quite a bit longer, we’re again hearing the cries from elite economics columnists about a Second Great Depression. These ...

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 ...