Discover what basic balance means in economics, its role in balance of payments, and how it helps evaluate a country's inflow ...

Kamala Harris claims she has a plan to solve the crisis she helped cause: inflation. Under former President Trump, the inflation rate averaged 1.9%. It skyrocketed to 9.1% in 18 months under Joe Biden ...

News crews outside BBC Broadcasting House in December 2012. Picture: Ben Stansall/AFP via Getty Images A BBC-commissioned review of the broadcaster’s economic impartiality has concluded “too many ...

Chris House has a somewhat odd post in which he argues that unlike in most other academic disciplines, in economics the facts have a conservative bias: I suspect that the relatively high proportion of ...

I reported earlier this month that the Financial Times published a pair of important articles asking why the goal of a firm is to maximize short-term shareholder value is still being taught in ...

Could you answer the following three questions for your next project? What will it cost? What is it worth? Will it earn sufficient profit? Before undertaking any project, these questions should be ...