The Royal Swedish Academy of Sciences on Monday awarded the Nobel Memorial Prize in Economic Sciences to Northwestern University professor and Reason contributor Joel Mokyr "for having identified the ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...

For more than a century, UChicago scholars’ groundbreaking theories have redefined the field of economics—from Milton Friedman’s ideas on monetary policy and Gary Becker’s theory of human capital to ...

Economics is a broad social science that studies factors that drive the supply and demand of limited resources. Economic resources are commonly defined as land, labor and capital. Two basic types of ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...

Economics is a social science that studies the collection, allocation and distribution of economic resources. Business owners use the study of economics to help them make business decisions. Not only ...

In this episode of 'Economics Explained,' they look into whether or not sanctions create a desire outcome for those who use them. The video focuses primarily on sanctions against Russia while looking ...

John Kenneth Galbraith at a forum in Amsterdam in 1982. Dutch National Archives EDITOR’S NOTE: This essay was prepared for the Free Economic Society of Russia's 50th anniversary commemoration of the ...

The Nobel Memorial Prize in Economic Sciences is presented to Joel Mokyr, Philippe Aghion, and Peter Howitt. | Anders Wiklund/ZUMAPRESS/Newscom The Royal Swedish Academy of Sciences on Monday awarded ...