Political scientists have a term for the tactic, that has been used by some leaders including Nixon, to persuade adversaries ...

Monetary theory posits that a change in money supply is a key driver of economic activity. A simple formula, the equation of exchange, governs monetary theory: MV = PQ.

Economist Michael Chwe turns to game theory to explain how a new reporting technology and social norms marketing can help reduce the incidence of sexual assault. Full Episode Wednesday, Jun 11 ...

But basing policy on classical economic theory is like basing a contract on philosophy. Effective policy cannot be built from idealized conjectures; it demands realism, and actual facts.

Demand theory relates to the relationship between consumer demand for goods and their prices. More demand can cause higher prices; less demand can reduce them.

One of my favorite examples of economists’ ineffective role in public policy is free trade, which we have been touting since the British classical economist David Ricardo laid out his theory of ...

The Quantity Theory of Money may be out of fashion, but it is a useful guide to where the US economy may be headed. September 21, 2022 at 6:30 AM EDT By Tyler Cowen ...

What is an economic supercycle? An economic supercycle typically refers to a prolonged period of expansion, which can last as long as a few decades. Some ...

If an economist’s first instinct in researching the effects of minimum-wage laws is to gather data on unemployment and the number of jobs, he needs a price theory refresher. We are not the first to ...

In “Hate the Game: Economic Cheat Codes for Life, Love, and Work,” economist Daryl Fairweather has some ideas about how to get ahead.

Examples drawn from a long list of such criteria include: excessive accumulation of dollar reserves; failing to pay NATO obligations in full; taking the side of US adversaries in “key international ...