National Power and the Structure of Foreign Trade was a reasonable title for a book in the 1940s. Today’s version would need ...

Editor’s Note: This is Part 1 of a two-part series on how mistaken assumptions by top U.S. policymakers have worsened the financial crisis. It has been three years since the worst financial collapse ...

There is now a widespread consensus that mainstream/neoclassical economists failed miserably to either predict the coming of the 2008 financial implosion, or provide a reasonable explanation when it ...

SEOUL, May 22 (UPI) --An economic theory has sparked controversy during South Korea's presidential campaign, with the opposition leader introducing a classic economic metaphor called the "hotel ...

The tax overhaul bill before Congress has a professed rationale that rests on economic theory. As neuroscientists who study decision making, we would like to raise a very serious objection to this ...

We all know that the economy moves in cycles; boom is followed by bust is followed by boom seemingly forever. A question we’d all like the answer to is: “Where are we now in the cycle?” Economist ...