Discover how neoclassical economics shapes supply, demand, pricing, and consumer behavior, influencing modern economic ...

The time is ripe for good economic analysis from a progressive perspective. The Left has tended to have an understandable visceral dislike/distrust of markets. But this has had the effect of ceding ...

Economist Ha-Joon Chang explains why the school of Neoclassical economics that rose in the 19th/early 20th century – now today’s dominant school of economics – decided they wanted to be scientists.

15 February 2008 For the 25 years, the so-called "Washington Consensus" - comprising measures aimed at expanding the role of markets and constraining the role of the state - has dominated economic ...

In a classic case of ‘they would say that, wouldn't they?’, economic textbook authors McTaggart, Findlay and Parkin have recently defended economics from the criticism that it failed in not predicting ...

While finance historians credit Harry Markowitz as the father of Modern Portfolio Theory, he enjoys pointing to Shakespeare as an early advocate of diversified portfolios. In “The Merchant of Venice,” ...

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Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Robert Kelly is managing director of ...

JOURNALIST Christopher Hayes recently wrote an article in which he describes taking Allen Sanderson’s introductory economics course at the University of Chicago. Mr Hayes claims to have found the ...