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 ...

Economics has always had something of a problem defining itself. One economist, Jacob Viner, even offered the explanation that, “Economics is what economists do.” Viner’s smarty-pants explanation was ...

Forbes contributors publish independent expert analyses and insights. I share tips about launching, validating and growing startups. When it comes to concepts from economics useful to startup founders ...

Log-in to bookmark & organize content - it's free! George Mason University economics professor discussed basic economic concepts that he believes consumers should understand. He discussed the idea of ...

Entrepreneurs come from a wide variety of different educational backgrounds, but it is important for all small-business owners to learn basic economic principles, regardless of their areas of ...

The costs of the COVID-19 crisis come in two primary forms. The first is the direct impact in terms of health and lives lost. The second is the indirect impact that comes from efforts by individuals, ...