Discover how bioeconomics integrates economics and biology to explain resource management and economic events. Learn about ...

Classic economic theory assumes low-income people would stop working if governments gave them money as a strategy to reduce ...

Classical and scientific management theories emphasize efficiency and task specialization through systematic study of workers ...

As everyone knows, free markets are important because they voluntarily bring together willing buyers and sellers. Supply and demand are the sine qua non of economics. In fact, so important is their ...

National Power and the Structure of Foreign Trade was a reasonable title for a book in the 1940s. Today’s version would need ...

There has been a fascinating struggle going on within the field of economics since the 1970s. Historically, economics has been known as the “dismal” science because of its ruthless belief that people ...

We all know that the economy moves in cycles; boom is followed by bust is followed by boom seemingly forever. A question we’d all like the answer to is: “Where are we now in the cycle?” Economist ...

SEOUL, May 22 (UPI) --An economic theory has sparked controversy during South Korea's presidential campaign, with the opposition leader introducing a classic economic metaphor called the "hotel ...