About a month ago, a friend shared with me an article entitled “The Curse of Econ 101” by one James Kwak. It was published by The Atlantic in January. Mr. Kwak’s basic gripe is “the misleading ...

In his latest book, Economism: Bad Economics and the Rise of Inequality, former technology executive and current University of Connecticut business law professor James Kwak argues that the lessons of ...

For N.J. Voters’ Sins, They’re Getting the Biden Administration in Exile New Explanation: Hegseth Did Not Order That All Boat Operators Be Killed Kristi Noem: It’s Biden’s Fault We Granted Asylum to ...

The law of supply and demand explains how changes in a product's market price relate to its supply and demand. Demand for basic necessities is less responsive.

This article was written for MEESby A F Alhajji, PhD, Energy Economist and Associate Professor at Ohio Northern University. The author can be reached via email a-alhajji@onu.edu. I am writing this ...