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 ...

When it comes to the scourge of “price-gouging,” Kamala Harris is on an island. Save the usual suspects such as Paul Krugman — who defended the vice president’s price-fixing scheme by insisting that ...

A surprising eight out of 10 12th graders understand basic economics concepts, according to a national study released on Wednesday. “Given the number of students who finish high school with limited ...

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 ...

A story that’s making every economist in America snarl at every journalist in America. This is the sort of error that is cleared up in the first semester of an ...

The ‘law of demand’, an obvious consideration for government regulators, states that consumers are willing and able to purchase more of a good the lower its price. Yet it seems that most crafters of ...

Forbes contributors publish independent expert analyses and insights. I write about the broad intersection of data and society. As AI and machine learning have infused themselves over the last half ...

When New York's Rep. Alexandria Ocasio-Cortez warned that the world would end in 12 years due to climate change, she fell short of noting the U.S. national debt as another contributing factor. The ...

Gregg Bemis This past week I came across some startling figures. Apparently the Federal budget deficit in February was $233,000,000,000. This newspaper doesn't like to print out all those zeros so I ...

It's wrong to blame Biden and Democrats for inflationary issues when, in fact, they've virtually nothing to do with it. Years ago, with education cuts, we stopped teaching economics in our schools.

This paper presents a general equilibrium model of renewable resource and population dynamics related to the Lotka-Volterra predator-prey model, with man as the predator and the resource base as the ...