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

This is directed more to younger voters, many of whom too often don’t get any or enough economics instruction anymore. Inflation is, simply put, too much money chasing too few goods. So to ease ...

The simplest way to understand economics is that it is a reckoning with unavoidable tradeoffs. If you spend money on something, you may obtain something in return—but you lose the ability to use those ...

More than 70% of American adults in a recent survey said they're as interested in economics as in politics, business, and finance. But half flunked an elementary quiz on basic economic concepts. The ...

With the economy going into a shutdown mode for at least month, and possibly quite a bit longer, we’re again hearing the cries from elite economics columnists about a Second Great Depression. These ...

In a guest editorial on PennLive earlier this month, Vinnie Trometter shows a lack of basic economic understanding arguing against the federal repeal of an overreaching California law that hurts ...