Paul Solman: On Tuesday, we posted the first transcript from a series of interviews I’ve done with Paul Samuelson over the years. This installment picks up where the last left off, explaining the most ...

By introducing young learners to concepts like scarcity, trade-offs, and incentives, it equips them with the tools needed to ...

Keynesian economics, as developed by economist John Maynard Keynes, comprise a theory of total spending in the economy and ...

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 ...

Basic Economics is a 653-page book, not including the index. One doesn’t have to start reading it at the beginning. Near the book’s end, there’s a section titled “Questions,” and it points the reader ...

Could you answer the following three questions for your next project? What will it cost? What is it worth? Will it earn sufficient profit? Before undertaking any project, these questions should be ...