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 ...

Turns out that divergence is showing up in corporate America, too. Profits are surging at the biggest companies — while ...

An economic shock, also known as a macroeconomic shock, is any unexpected event that has a large-scale, unexpected impact on the economy. Many, but not all, economists also say that a shock has to be ...

Mentor is a city that’s developed a reputation for consistently achieving economic success. We were reminded of that fact after reading a recent News-Herald story that provided an update on business ...

Forbes contributors publish independent expert analyses and insights. Economics professor and wearer of many hats. Economics: it’s the study of human action and its unintended consequences, and I ...

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

The Federal Reserve on Friday released examples of the so-called fan charts that will be produced for Fed officials’ economic projections. A notice from the Fed said the fan charts would be included ...

Traditional metrics like the Gini Index and U-3 unemployment rate understate true economic inequality and labor market ...