Traditional applied general-equilibrium (AGE) models have always faced trade-offs between analytical and computational tractability and counter-empirical restrictions. One is the assumption of ...

Apply economic principles to your everyday finances and watch your savings grow. Learn how thinking like an economist can help you make smarter money decisions and improve your financial health.

The M1 money supply is the most liquid version of the money supply and tells a story about what a consumer can spend. Here's what you need to know.

Building wealth without a high income is a challenge faced by many, particularly those lacking access to retirement benefits. While some high-income earners paradoxically have low net worth due to ...

The agency stopped investigating wage claims because of a backlog. It is lifting the threshold after a "historic" legislative investment.

International Business Machines (IBM) is in the spotlight after unveiling a major partnership with AMD, delivering advanced AI infrastructure to Zyphra. This move has nudged investor sentiment higher ...

The 21st-century left has often argued that the solution to rampant inequality is income redistribution. But this may not be a silver bullet. What workers need is power over employers and the market.