Discover the definition, stages, and benefits of economic integration, and explore real-world examples like the European ...

Discover what rent seeking is in economics, its implications, and see examples of how entities gain wealth without societal ...

When studying praxeology, something as trivial as the recipe for chocolate cake can become a way to better teach us Austrian ...

The latest revision to US economic growth will do nothing to tamp down the flood of analyst and media observations about American outperformance versus its economic rivals. Third-quarter GDP growth, ...

By learning how societies navigated past downturns, students build empathy, critical thinking and resistance to simplistic ...

People like to help those who are helping them, and to hurt those who are hurting them. Outcomes reflecting such motivations are called fairness equilibria. Outcomes are mutual-max when each person ...

The Government of the United States of America (the “United States”) and the Government of the People’s Republic of China (“China”), Recognizing the importance of their bilateral economic and trade ...

A heretical idea has entered the national discourse: Maybe some other nations handle their economies better than we do. Some nations, after all, are growing like gangbusters. Some nations have ...

Forbes contributors publish independent expert analyses and insights. I write about economics, markets and policymaking throughout Asia. If ever there were an economic example of the dog that caught ...

The U.S. economy shrank in the last three months by 0.9%. This is the second consecutive quarter where the economy has contracted. In the first quarter, GDP, or gross domestic product, decreased at an ...