Explore the connection between neoclassical economics and neoliberalism, focusing on the shared principles of free markets, ...
The Federal Reserve's quantity-based monetary policy since 2009 enabled stable 2.5% annual real GDP growth through 2025. Quantitative easing and tightening anchored long-term economic expansion, ...
An economic theory originated by the British economist John Maynard Keynes and his followers. Keynes maintained that governments should use the power of the budget to maintain economic growth and ...
Dr. Beckert, a Harvard professor, is the author of a forthcoming book on the history of capitalism. Few things are more disconcerting than feeling the ground shift beneath you, as anyone who has ...
The Federal Reserve's recent interest rate cut signals a slowing economy and concerns over current economic policies. Tariffs and immigration restrictions are contributing to job losses and rising ...
WITH HARD-RIGHT populist parties surging in Europe and the Republican Party lurching rightwards in America, liberalism is on the back foot. It may seem an exhausted ideology with little to offer, but ...
The annual conference of central bankers and others engaged with economics in Jackson Hole, Wyoming, on Aug. 21-23 was especially noteworthy. Federal Reserve Chairman Jerome Powell indicated more ...
We are in the middle of the capitalistic order reinventing itself. By Sven Beckert Strong reactions to rising prices and misunderstandings about the value of money are rampant, our columnist says. By ...
Jason Furman is one of the most influential Democratic economists of the past two decades. From 2013 to 2017 he chaired President Barack Obama's Council of Economic Advisers, where he helped shape tax ...