Financial literacy deserves more attention in our schools, but not at the expense of economics, and not as a substitute for it (“Students Prepare for Real World With Personal Finance Classes,” ...

All economies must answer basic questions like what goods and services to produce, how to produce these goods and services, and how to distribute the goods and services – using their scarce resources.

Some people say that if you've made a few big decisions in your life, and you're generally pleased with the outcomes, then you can make economic decisions, too. What's the difference? From a certain ...

Paul Solman: On Tuesday, we posted the first transcript from a series of interviews I’ve done with Paul Samuelson over the years. This installment picks up where the last left off, explaining the most ...

Economics merges psychology, politics, law, and business for a global view of decision-making. Microeconomics focuses on individual choices, while macroeconomics examines whole economies.

Hoover Fellow and author Thomas Sowell on his fifth edition of "Basic Economics: A common sense guide to the economy." Sowell explains his research and perspectives on inequality, immigration, and ...