In economics, goods and services can be classified in different ways. You might be surprised to realise you already knew this, even without knowing their classification names. Most goods and ...

After years of rising prices and shrinking product sizes, consumers are frustrated with paying more for less and seek smarter, more cost-effective alternatives.

Third, large deficits cause inflation which serves to further increase deficits. When the government borrows to meet ...

Most economists are political apologists masquerading as economists. They are Rothbard’s “courthistorians” with degrees in ...

If you look at what President-elect Donald Trump has shared about his economic plans over the last several months ... with ...

Is economic growth good for us? Put another way, we know that growing the economy is good for business and for creating jobs. But does it help everyone in society? One way to answer this question is ...

Recession fears are fading and the job market is looking stronger. That's great news for average Americans and the stock ...

There’s a principle of rationality that helps guide choices within boundaries, maximizing what we can achieve without ...

In short, Ukraine and its supporters find themselves pursuing a policy that is unlikely to succeed but sure to be costly.

The SBA is set to run out of funding for hurricane victims within days as officials tally the extent of the damage from Hurricane Milton. Going full expat from the U.S. is tricky. Here’s an ...

The government is preparing incentives for green steel manufacturing. Plans include soft loans, interest subventions, and a ...

Externalities are the idea that our private purchases of economic goods may affect others in ways not accounted for at the time of purchase. Cass uses the classic example of pollution. Whenever we ...