Chris House has a somewhat odd post in which he argues that unlike in most other academic disciplines, in economics the facts have a conservative bias: I suspect that the relatively high proportion of ...

Discover what basic balance means in economics, its role in balance of payments, and how it helps evaluate a country's inflow ...

I reported earlier this month that the Financial Times published a pair of important articles asking why the goal of a firm is to maximize short-term shareholder value is still being taught in ...

Given the conversation it has provoked, the fuss from Rep. Alexandria Ocasio-Cortez over President Trump’s economic adviser Kevin Hassett’s use of the phrase “human capital stock” might have to be ...

Could you answer the following three questions for your next project? What will it cost? What is it worth? Will it earn sufficient profit? Before undertaking any project, these questions should be ...

News crews outside BBC Broadcasting House in December 2012. Picture: Ben Stansall/AFP via Getty Images A BBC-commissioned review of the broadcaster’s economic impartiality has concluded “too many ...

Could you answer the following three questions for your next project? What will it cost? What is it worth? Will it earn sufficient profit? Before undertaking any project, these questions should be ...