This story contains details about suicide that may be disturbing to some readers. Our team here at Marketplace is taking an introduction to economics class as part of what we’re calling the ...
Many of us have learned tough lessons on supply and demand over the past few years. The COVID-19 pandemic found many Americans hoarding toilet paper, jumping into new hobbies or splashing out on ...
Inflation is described as too many dollars chasing too few goods. It reflects an imbalance in the supply and demand of goods and services. The interaction between supply and demand sets prices in the ...
This article was written for MEESby A F Alhajji, PhD, Energy Economist and Associate Professor at Ohio Northern University. The author can be reached via email a-alhajji@onu.edu. I am writing this ...
The terms debt and deficit are often used together in discussions and publications regarding the nation’s finances, and they are often confused with one another. The term deficit refers to a given ...
At a Christmas Eve Mass last year, Pope Francis explained “the problem of our humanity—the indifference produced by the greedy rush to possess and consume.” He spoke of how “a world ravenous for money ...
In their first chapters, many introductory econ texts list “challenges every economy must face.” “How does the economy adapt to change?” usually is on the list. That question confronts us now as we ...
In Washington, Democrats and Republicans disagree on how best to jolt the economy out of its current recession, but they agree in principle on the need to cut taxes. It’s Economics 101: if you slash ...
Gas prices have always been a topic of great interest and concern for millions of Americans who rely on gasoline to power their vehicles and homes daily. A sharp rise in gas prices can directly impact ...
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