Discover Frederic Bastiat's influence as a 19th-century economist known for critiquing protectionism and promoting free trade ...

Fans of central planning once hoped that computers would allow economies to get closer to the harmonious “Pluribus” model.

THE main concern of Filipinos over the public works corruption scandal is that their taxes — which fund the national budget — ...

Economists say a typical middle-class family today is richer than one in the 1960s. Americans in their 20s and 30s don’t believe it. “I don’t know if I’ll ever be able to retire,” one woman said.

The Guardian's Katrine Marçal writes that rolling suitcases used to be seen as feminine, but that's just one example of systemic bias shaping markets.

In an analysis comparing college admission essays generated by artificial intelligence to 30,000 human-written essays from before ChatGPT was released, Cornell University researchers found that AI ...

This week, Bob talks with economist and Mises Institute research fellow, David Howden, co-editor of The Next Generation of Austrian Economics: Essays in Honor of Joe Salerno. They discuss key chapters ...

Marginal utility helps set product pricing; high initial satisfaction decreases with more units. Some stores use bulk pricing when consumers value additional items less. Progressive taxes assume each ...

For those interested in history, Menger’s Principles of Economics offers a way to unify gritty historical experience with pure economic theory. Carl Menger has played an interesting supporting role in ...

ABSTRACT: This paper revisits the interplay between law and economics from an unconventional perspective, shifting away from the traditional lawyer-economist view to that of an economist-mathematician ...