Discover how monetary theory influences economic activity through money supply changes, with insights on central bank ...

Editor’s Note: This is Part 1 of a two-part series on how mistaken assumptions by top U.S. policymakers have worsened the financial crisis. It has been three years since the worst financial collapse ...

The Southern Economic Journal features original, refereed scholarly articles in all areas of economics as well as contributions on the pedagogy of economics. The journal also contains occasional ...

Classical economic theory describes three primary factors, or inputs, to the production of any good or service: land, labor, and capital. These factors facilitate production, but do not become part of ...

Discover how Jean-Baptiste Say shaped economic thought with Say's Law of Markets and his advocacy for free trade. Learn about his influence on neoclassical economics.

February is a highly anticipated month as the Indian government tables the Union Budget in Parliament. This year marks the 90th anniversary of a book whose ideas broadly lays the economic foundations ...

Classical economic theory defines the factors of production as the three broad categories of input -- capital, labor and land (or natural resources) -- that contribute to the production of finished ...

The tax overhaul bill before Congress has a professed rationale that rests on economic theory. As neuroscientists who study decision making, we would like to raise a very serious objection to this ...

The evolution of industries and technology over the past century has been momentous. We could never have imagined the way our lives would look now back in the early 1900s. However, the ideas and ...