Positive economics is a fact-based analysis of what is occurring in an economy, without making prescriptions of what should or should not be happening.

When millions of homes and thousands of businesses lose access to electricity, it becomes obvious that energy is critical to the economy. We understandably focus on the crisis at hand. However, there ...

James Morley receives funding from the Australian Research Council. Welcome to our series on economic theories that are changing the way we think. Today, James Morley explains how the very concept of ...

In most my dealings with questions of economic development I run across men and women who view themselves as pragmatic doers, totally immune from anything quite as impractical as academic research.

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Andreas Ortmann does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

It is easy to take potshots at the field of economics today, whether motivated by the financial crisis or the fact that Nobel laureates, such as economist and New York Times columnist Paul Krugman, ...

Economic theory allows individuals to study the monetary effects of social and government policies. Nations are built upon several economic principles. Minimum wage is a common economic principle ...

Today’s newsletter isn’t about Modern Monetary Theory (MMT), which has been the subject of a lot of back-and-forth in the economics world over the past couple of days. Suffice it to say that I ...

Add Yahoo as a preferred source to see more of our stories on Google. One evening in December, after a long day working from home, Jennifer Drouin, 30, headed out to buy groceries in central Amsterdam ...

When millions of homes and thousands of businesses lose access to electricity, it becomes obvious that energy is critical to the economy. We understandably focus on the crisis at hand. However, there ...