Markets are fundamental to economic systems, serving as physical or virtual spaces where buyers and sellers exchange goods and services. While economists generally celebrate the efficiency of markets, ...
As we enter 2025, inflation remains a top concern, with “greedflation” dominating discussions about rising prices. The term, popularized in the early 2020s, suggests corporations exploit inflation to ...
Discover the complexities of inflation, including stagflation, hyperinflation, and deflation. Learn their causes, effects on ...
In October 2024, Treasury secretary Janet Yellen addressed the Council on Foreign Relations to tout the Biden administration’s “modern supply-side economics.” She argued that more government spending ...
Background I was invited to make the Guest Speech on “The role of Government in a market economy” at the 10th Peradeniya ...
In a new memo dated June 18, 2025, Marks contends that when officials override basic economic principles, they are “choosing winners and losers, rather than letting market forces do so”. This ...
What role should a government play in the economy? When does government intervention help? When does it hurt? How do politicians pick economic winners and losers? And why does Warren Buffett get a ...
President Donald Trump’s embrace of government ownership of private companies shows that the Reaganomics doctrine that defined Republican economic orthodoxy for decades may be all but dead. As the ...
The U.S. Department of Labor said it would delay releases of economic data if the federal government shuts down this week, which could postpone Friday's highly anticipated monthly jobs report. On ...