In Phillip Zane's classroom, students weigh an invitation to jump out of an airplane. The skydiving lesson and jump are free, ...

The law of demand is a basic economics. As the price of at item rises or falls, with all other things staying the same, the demand for it rises or falls. However, despite determining everything from ...

Joel Mokyr, Philippe Aghion and Peter Howitt won the Nobel memorial prize in economics Monday for their research into the impact of innovation on economic growth and how new technologies replace older ...

I remember my professor of economic history David S. Landes often talking about Joel Mokyr, who won the Nobel Prize in economics earlier this month. They must have been good friends. Professor Landes ...

Joel Mokyr, Philippe Aghion and Peter Howitt won the 2025 Nobel Prize in Economics for their work on innovation-driven economic growth, the Royal Swedish Academy of Sciences said on Monday. Mokyr, a ...

Joel Mokyr, Philippe Aghion and Peter Howitt won the Nobel memorial prize in economics Monday for their research into the impact of innovation on economic growth and how new technologies replace older ...

As the 2023 Meaningful Economics Competition kicked off May 23 amid the happy hubbub of a roomful of third-grade students, at least a couple of adults in the room were reliving old memories. The ...

David Ricardo, a Scottish economist, made a perceptive observation that a few individuals, firms, or countries can gain from trading, even if one of them is objectively the best in all activities.

Economics professors typically cover the “economic way of thinking” in the first chapter of a principles of economics course. After covering 8-10 of the most important guideposts and principles of ...

NOTICE: The project that is the subject of this report was approved by the Governing Board of the National Research Council, whose members are drawn from the councils of the National Academy of ...