"Basic Economics" is a 653-page book, not including the index. One doesn't have to start reading it at the beginning. Near the book's end, there's a section titled "Questions," and it points the ...

“I don’t care who writes a nation’s laws — or crafts its advanced treatises — if I can write its economics textbooks.” — Paul A. Samuelson What is the socially optimal amount of pollution in the ...

The simplest way to understand economics is that it is a reckoning with unavoidable tradeoffs. If you spend money on something, you may obtain something in return—but you lose the ability to use those ...

Given the conversation it has provoked, the fuss from Rep. Alexandria Ocasio-Cortez over President Trump’s economic adviser Kevin Hassett’s use of the phrase “human capital stock” might have to be ...

Paul Solman: On Tuesday, we posted the first transcript from a series of interviews I’ve done with Paul Samuelson over the years. This installment picks up where the last left off, explaining the most ...

Chris House has a somewhat odd post in which he argues that unlike in most other academic disciplines, in economics the facts have a conservative bias: I suspect that the relatively high proportion of ...

When New York's Rep. Alexandria Ocasio-Cortez warned that the world would end in 12 years due to climate change, she fell short of noting the U.S. national debt as another contributing factor. The ...

Kamala Harris claims she has a plan to solve the crisis she helped cause: inflation. Under former President Trump, the inflation rate averaged 1.9%. It skyrocketed to 9.1% in 18 months under Joe Biden ...

There's an interesting little pile on happening among the economic commentariat. Generally focusing on the interesting question of whether Robert Reich has actually managed to understand the basics of ...

Could you answer the following three questions for your next project? What will it cost? What is it worth? Will it earn sufficient profit? Before undertaking any project, these questions should be ...

Purchasers of Black-Market Human Organs Often Complicit in Murder Audio By Carbonatix When it comes to the scourge of “price-gouging,” Kamala Harris is on an island. Save the usual suspects such as ...