Economy

Discover the latest trends in Economy.

Explaining Development Economics

Discover Development Economics, the field focused on improving living standards and tackling poverty in low-income countries. Learn why it matters now.

What is the Laffer Curve?

Explore the Laffer Curve, a theory illustrating the relationship between tax rates and government revenue, and its impact on fiscal policy.

Karl Marx: The Economist Explained

Explore the ideas of Karl Marx, the influential philosopher and economist. Understand his critique of capitalism, class struggle, and its modern relevance.

Explaining Friedrich Hayek

Discover Friedrich Hayek, a Nobel laureate and key figure in the Austrian School of economics, known for his defense of free-market capitalism.

Milton Friedman Explained

Discover Milton Friedman, the influential economist who championed free markets, monetarism, and limited government. Learn his key theories.

Neoclassical Economics Explained

Discover Neoclassical Economics, the theory viewing the economy through rational actors, supply and demand, and market efficiency. Learn its core ideas.

Understanding Aggregate Demand

Explore aggregate demand, a key macroeconomic measure of total spending, and see how its shifts influence inflation, employment, and economic growth.

Keynesian Economics Explained

Discover John Maynard Keynes, the influential economist whose theories on government intervention and demand reshaped modern economics.

Adam Smith's Invisible Hand

Explore Adam Smith's 'invisible hand' theory. Learn how this metaphor for self-interest in a free market can unintentionally benefit all of society.

Adam Smith's Wealth of Nations

Discover Adam Smith's 'The Wealth of Nations,' the foundational text of modern economics that introduced the concepts of the invisible hand and free markets.