If there is one consistent theme in President Trump’s economic philosophy, it is that trade deficits are bad for the country and must be eliminated. This is the principal motivation for his recent ...

Some even consider them quaint, outdated, or simple-minded. Basic economic principles, however, are neither simplistic nor simple minded. They are, rather, quite sophisticated in their simplicity, ...

American students have a solid grasp of many broad economic principles, but they often lack a basic knowledge of the facts, rules, and institutions that shape their daily lives as citizens and ...

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 ...

Economics has always had something of a problem defining itself. One economist, Jacob Viner, even offered the explanation that, “Economics is what economists do.” Viner’s smarty-pants explanation was ...

Forbes contributors publish independent expert analyses and insights. I share tips about launching, validating and growing startups. When it comes to concepts from economics useful to startup founders ...