Entrepreneurs come from a wide variety of different educational backgrounds, but it is important for all small-business owners to learn basic economic principles, regardless of their areas of ...

The current state of the economy and where it might be headed in the near future is of utmost concern to entrepreneurs who are interested in launching new ventures. For example, if the economy is ...

Austrian economics provides valuable insights for business planning, but not so much in business cycle analysis. It’s not that key insights from the Austrian school of economics are wrong, but that ...

THE aftermath of the 2007-08 financial crisis ought to have been a moment of triumph for economics. Lessons learned from the 1930s prevented the collapse of global finance and trade, and resulted in a ...

Every business goes through four phases of a life cycle: startup, growth, maturity and renewal/rebirth or decline. Understanding what phase you are in can make a huge difference in the strategic ...

Science advances one funeral at a time, to paraphrase Max Planck. The Nobel prize-winning physicist was arguing that new ideas in his field would only catch on once the advocates of older ones died ...

Consumption risk sharing among U.S. states increases in booms and decreases in recessions. These business cycle fluctuations in inter-state risk sharing are driven mainly by states in which small ...

Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five years. He also writes and edits personal finance content, with a focus on ...