“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?” ...
Three professors who look at how innovation — including technology — drives economic growth will share the Nobel memorial prize in economics. The winners are Joel Mokyr of Northwestern University; ...
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 article was published in Scientific American’s former blog network and reflects the views of the author, not necessarily those of Scientific American Economics will soon be revolutionized, by ...
Lights, camera, economics! This week, we bring you something different: the premier of the Money Talks film club. So get yourself a large soda (no ice), some popcorn and find out what economic lessons ...
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 ...
The Economic Survey 2025-26 is not a celebration of success, but a measured warning that the traditional paradigms of global economic growth are no longer applicable.
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 ...