Explore the principles of mainstream economics, its origins in neoclassical thought, and criticisms from heterodox theories. Discover how it impacts economic policies.

Editor’s Note: On Making Sen$e this week, we’ve been publishing Paul Solman’s never-aired conversation with economic historian Gregory Clark about his 2007 book ...

Carol M. Kopp edits features on a wide range of subjects for Investopedia, including investing, personal finance, retirement planning, taxes, business management, and career development. Development ...

View post: Amazon is selling a 7.5-quart enameled Dutch oven for $70 that’s perfect for holiday feasts Supply-side economics (also called trickle-down economics and Reaganomics) is a macroeconomic ...

Once upon a time, in the middle of the last century, America had a thriving economy in which the middle class was at the center and everyone -- poor and rich alike -- did better. But then, starting in ...

James Surowiecki (via Andrew) makes a great point about the bonus backlash: Myriad experiments in behavioral economics have found that people are willing to pay to punish members of a group whom they ...

We need a new, positive definition of public goods to counter the current economics definition that relegates pubic goods to market failure. Last week I wrote about how economist Paul Samuelson's ...

Why would Russian President Vladimir Putin push his country into a standoff with the West that is almost certain to hurt its economy? One popular answer is that, as Daniel Drezner put it, Putin “doesn ...