Sign up for the daily CJR newsletter. Paul Krugman on Monday delivered an excellent primer on basic economics and the importance of what economists call accounting ...

Disturbances in the force of the economy have been common in recent news. Prices of crypto currencies, especially bitcoin, did a deep-knee bends, ditto for gold and silver. The Dow and S&P indexes are ...

Managerial economics is no longer limited to understanding markets, costs, and pricing decisions. Businesses now operate in ...

Just how important is money? Few would deny that it plays a key role in the economy.­ During the Great Depression of the 1930s, existing economic theory was unable either to explain the causes of the ...

Behavioral economics uses an understanding of human psychology to account for why people deviate from rational action when they’re making decisions. In the model of rational action assumed by ...