In business, practical experience usually outshines theoretical knowledge by a wide margin. However, this doesn't mean that ignorance is an asset. Economic concepts could serve as useful mental models ...

One basic misunderstanding is to fail to distinguish between a private firm raising its wages paid, and a law compelling all and sundry to do the same. Unhappily ...

NEW YORK, February 5, 2008 — Nobel Prize-winning economist Joseph Stiglitz talks with Vishakha N. Desai about his new concept of economics, and his latest book, Making Globalization Work. (1 hr., 36 ...

It felt strange sitting before an interim committee of the Indiana General Assembly. The questions were coming quickly and with a decided passion. “Mr. Marcus,” Rep. Rottweiler demanded, “did you ...

Students preparing for the CBSE Class 12 Economics exam can achieve success with a focused approach. Experts advise ...