According to the law of supply and demand, when the government prints or borrows trillions of dollars, the value of the dollar declines, and prices rise. That is called inflation. According to ...

The most important part of an economics paper is showing understanding of the issues. Demonstrate that you understand basic economic principles (inflation, deflation, etc.). Clarity is paramount. Stay ...

While politicians squabble over the pros and cons of price controls on prescription drugs, onlooking citizens are often left scratching their heads. Many of today's economic issues are obscured by ...

Recent concern about the uncertain impacts of artificial intelligence has fueled renewed discussion of universal basic income (UBI). As in the past, much of the conversation depicts UBI as a policy ...

Regular commentator Ward Connerly says the basic economic problems in South Central L.A. still have not improved ten years after the riots. Connerly says that despite demographic shifts, and ...

South Africa remains one of the most unequal countries in the world. The country’s per-capita expenditure Gini coefficient, a measure of how spending from income is distributed, stands at 0.65. This ...