“Financial education.” This was my condensed response to a question in a recent Publishers Weekly interview: “What could have helped improved the lives of so many people during the Covid-19 crisis?” ...

The ICE shooting of a 37-year-old woman in Minneapolis ignites protests in a city targeted by the Trump administration's immigration crackdown ...

On a sunny afternoon aboard an icebreaker in Helsinki’s harbour, it is possible to forget that the border of a warmongering dictatorship is just 150km away. The ships, powerful enough to provide ...

One beauty of economics — the study of how human beings use scarce resources — is that its basic principles apply to life even if money is not involved. Opportunity cost, externalities, sunk costs, ...

This year's Nobel Prize for economics honors three scholars who have tried to understand why innovation happens and how it promotes economic growth. The laureates have shed light on the mysteries of ...

Likewise, toppling Iran’s regime will not by itself guarantee economic recovery. What also matters is not whether crowds are ...

Lessons from Soviet Economics for the Climate Era Abby Innes argues the world needs to reimagine how governments wield economic tools if we are to get on track to fight climate change.

A fundamental economic principle is that voluntary trade creates wealth, and the more people trade, the greater their well-being. Most economists agree that the more a nation’s citizens can trade with ...