Economics is a broad social science that studies factors that drive the supply and demand of limited resources. Economic resources are commonly defined as land, labor and capital. Two basic types of ...

What does the government aim to do when formulating the Budget, and what would be the main concerns for the Budget come ...

A widely anticipated textbook, "Universal Economics," has just been published by Liberty Fund. Its authors are two noted UCLA economists, the late Armen A. Alchian and William R. Allen. Editor Jerry L ...

"Universal Economics'" 680 pages, not including its glossary and index, reflect a friendly chat I had with Professor Alchian during one of the UCLA economics department's weekly faculty/graduate ...

Conservative commentator Ben Shapiro slammed Rep. Alexandria Ocasio-Cortez, D-N.Y. for her recent remarks on the ills of the capitalist system during an event commemorating Martin Luther King Jr. Day.