Given recent economic news, I wonder whether our leadership has even a fundamental understanding of how a free-market economy works. Here’s a basic layout ... energy to produce and deliver?

Last year, it managed to produce multi-decade-high inflation by ... Friedman’s teaching is that the money supply is always the basic determinant of inflation. This is the case even though ...

First, there’s the straightforward effect we get from basic supply and ... something could ultimately make things worse. One of the beautiful things about economics is that it is non-partisan.

In response, they’re spying on a Soviet defector who is working as a consultant to the U.S.D.A., plus they've murdered an American scientist who has helped produce the bug. Basic economics says ...

(File Photo / The Associated Press) That's why we need to bring back the old home economics class. Call it "Skills for Life" and make it mandatory in high schools. Teach basic economics along with ...

The Feb. 4 column “Environment can’t wait for carbon tax deal” reinforces a simple law of economics ... you have to make it more expensive. Why not make it increasingly more expensive ...