Economics was a bystander to the Industrial Revolution and rather ruined the 20th century; it should understand that it is best conceived as a leisure activity.

Joel Mokyr, Philippe Aghion and Peter Howitt won the 2025 Nobel Prize in Economics for their work on innovation-driven economic growth, the Royal Swedish Academy of Sciences said on Monday. Mokyr, a ...

Markets work best when many companies vie for customers’ favour. They work badly when a few firms dominate, carving up sales between them. Economists therefore need a measure of whether markets are ...

NPR's Scott Simon talks to Greg Ip, The Wall Street Journal's chief economics commentator, about the jobs report, tariffs facing legal challenges, and U.S. government investment in private companies.