Discover the evolution of economics from ancient times to modern theories that influence global markets, including Adam Smith and Keynesian approaches.
Explore the contrasts between Keynesian economics and monetarism and learn how each theory influences fiscal and monetary policies to regulate economic growth.
“Nobody spends somebody else’s money as wisely as he spends his own.” That’s from Nobel Prize-winning economist Milton Friedman, who suggested that for those who do not bear the direct cost of their ...
LiveMint’s Quote of the Day revisits Milton Friedman’s warning that tariffs show visible protection of certain sectors but hide wider economic costs. The piece explains how trade barriers raise prices ...
Sen. Bernie Sanders (I-VT) calls credit card lending “extortion and loan sharking,” comparing lenders to the usurers Dante ...
The effect has more than outweighed the growth in inequality in much of the rich world, and almost kept pace with it even in ...
Focusing on employee engagement, turnover, company culture, and leadership trust leads to happier people, satisfied customers, higher revenue and greater profit?
Economic news had an upbeat ring this week, at least on first impressions. President Donald’s Trump’s nomination of Kevin ...
Beyond its massive audience, the Super Bowl serves as a powerful economic engine for its host city and the country.
As gold prices keep rising, American economist Peter Schiff says investors should view the rally as more than a hedge — calling it a warning that inflation is speeding up, the U.S. dollar is losing ...
Dennis Milton, the former middleweight title challenger and amateur standout from New York, passed away this morning at the age of 64. Milton, who had been living in a rehabilitation center for about ...