Discover the definition, stages, and benefits of economic integration, and explore real-world examples like the European ...

Discover what rent seeking is in economics, its implications, and see examples of how entities gain wealth without societal ...

An economic shock, also known as a macroeconomic shock, is any unexpected event that has a large-scale, unexpected impact on the economy. Many, but not all, economists also say that a shock has to be ...

It’s an emerging economic narrative that we’ve been talking about for a while now: Upper-income consumers are going out and spending money, while lower-income consumers are pulling back. In other ...

Mentor is a city that’s developed a reputation for consistently achieving economic success. We were reminded of that fact after reading a recent News-Herald story that provided an update on business ...

A heretical idea has entered the national discourse: Maybe some other nations handle their economies better than we do. The June 9 issue of Bloomberg BusinessWeek included the article “Fixing ...

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The Federal Reserve on Friday released examples of the so-called fan charts that will be produced for Fed officials’ economic projections. A notice from the Fed said the fan charts would be included ...

Forbes contributors publish independent expert analyses and insights. Economics professor and wearer of many hats. Economics: it’s the study of human action and its unintended consequences, and I ...

When studying praxeology, something as trivial as the recipe for chocolate cake can become a way to better teach us Austrian ...