INDIANAPOLIS, Ind. — With inflation reaching a 40-year high and talk of a looming recession, high school students are coming of age during one of the most challenging economies in recent history. To ...

Even in retirement, Steven Reff likes to bring a cheerful excitement to the world of economics, always hoping to provide students with fun, useful and free economics resources. It’s that pursuit that ...

In American foreign policy, the period from 1990 through the summer of 2001 has been called the “holiday from history.” Between the collapse of the Soviet empire and the 9/11 attacks, the United ...

Economic stories are often built on data. This information can shape how the public understands financial conditions, government policy and business performance. But in our data-saturated information ...

A central lesson of economics is that there’s rarely such a thing as a free lunch. Most policy choices involve trade-offs or benefit some people while incurring costs on others. Every so often, ...

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 fundamental principles of economics are based on human nature and do not change regardless of how they are interpreted. People behave certain ways on an individual and societal level based on the ...

The long reach of life experience affects real-world economic outcomes, for policymakers and consumers alike On October 29, 1929, the roaring twenties came to a sudden close in the United States. In ...