Simulations using a Phillips curve-type relationship provide insights into the importance of demand versus supply for inflation over different periods. The decade of low inflation after the Great ...
It’s accepted wisdom that supply and demand sits at the center of all economic thought. Figure that prices are what organize a market economy, at which point it’s only logical that prices are arrived ...
Forbes contributors publish independent expert analyses and insights. Hersh Shefrin analyzes how psychology impacts markets and policy. John Maynard Keynes’ book The General Theory of Interest, ...
I enjoyed your July 21 editorial, “George McGovern’s lesson for a foundering president.” I am a former adjunct faculty member in economics at UNLV. The course I taught was Principles of Macroeconomics ...
In economics, a market is a place (even virtual) where buyers and sellers interact to exchange goods or services. Economists love markets. It's like all of our supply and demand graphs have come to ...
Forbes contributors publish independent expert analyses and insights. Roger Valdez writes about housing economics and policy. Two years ago, in this space I predicted the gradual government takeover ...
The business economics specialization of the economics major has grown rapidly since launching during the 2018–19 academic year. As the track continues to grow, students have struggled to register for ...