Keynesian economics, as developed by economist John Maynard Keynes, comprise a theory of total spending in the economy and ...

Economic uncertainty, like we are living through right now, can make regular purchasing decisions challenging. Even more so decisions around big life moments, like changing your job, buying a house or ...

In "Capital," French economist Thomas Piketty explores how wealth and the income derived from it magnifies the problems of inequality. Gwen Ifill gets debate on his data and conclusions from Heather ...

Among ongoing efforts to rethink the basic tenets of mainstream economics is a provocative new book by James Galbraith and Jing Chen. The authors sweep aside the intellectual structure of mainstream ...

I n the epilogue of their blockbuster book Mostly Harmless Econometrics (2009), Josh Angrist and Steve Pischke write, “If applied econometrics were easy, theorists would do it.” As academic jokes go, ...

Paul Mattick, Business As Usual: The Economic Crisis and the Failure of Capitalism. London: Reaktion Books, 2011. David McNally, Global Slump: The Economics and Politics of Crisis and Resistance.

Beyond benchmark measures like employment, growth, and inflation, economics encompasses the full spectrum of humanity. It affects—and reflects—everyone. Central bankers may be most acutely aware of ...

“Heretics always remain tied to the church. To break out, what you do is nail your theses on the door, turn around and ...