If there is one consistent theme in President Trump’s economic philosophy, it is that trade deficits are bad for the country and must be eliminated. This is the principal motivation for his recent ...

Politicians have been stumbling over one another to take credit for the popular Cash for Clunkers program, which provides up to $4,500 to consumers who trade in gas-guzzling cars and trucks for more ...

Some even consider them quaint, outdated, or simple-minded. Basic economic principles, however, are neither simplistic nor simple minded. They are, rather, quite sophisticated in their simplicity, ...

Discover the principles of economic justice, how it fosters equality, and explore actionable strategies to achieve fair economic opportunities for everyone.

Exit polling suggests that the dominating issue for voters in the presidential election was the economy. Americans can barely afford groceries, rent and child care. Voters perceived President-elect ...

When running a small business, decisions must be made to help ensure profit maximization and continued success. Understanding some of the basic economic principles at work behind the scenes can help ...

There is a rather basic but key economic principle which states that free markets are crucial to efficiently running economies. Free markets facilitate the allocation of capital and resources through ...