Positive economics is a fact-based analysis of what is occurring in an economy, without making prescriptions of what should or should not be happening.

Putting moral insight back into economics enhances understanding of political outcomes For much of the 20th century, the disciplines of moral psychology and economics were seen as distinct—each ...

When a president calls for a 10 % cap on credit‑card interest rates, it commands attention across markets, policy ...

Discover the evolution of economics from ancient times to modern theories that influence global markets, including Adam Smith and Keynesian approaches.

Bird flu has led to an egg shortage in the US. This has affected consumer behavior. This situation has led panic buying and significant shortages across the country. Virginia Tech economist Jadrian ...

The much-discussed “K-shaped” economy, characterized by divergent fortunes between high and low-income Americans, is approaching unsustainable levels, according to Dario Perkins, senior economist and ...

The markets have experienced a week filled with cautious observation and data releases that could shape economic decisions in the near term. Several key events have captured the attention of investors ...

Viral narratives could be the missing link between emotions and economic fluctuations Storytelling is central to how we interpret economic events. We recall economic history through haunting images of ...