Simulations using a Phillips curve-type relationship provide insights into the importance of demand versus supply for inflation over different periods. The decade of low inflation after the Great ...

The Journal of Economic Perspectives, Vol. 37, No. 2 (Spring 2023), pp. 3-28 (26 pages) What do recent advances in economic geography teach us about the spatial distribution of economic activity? We ...

View post: Analysis: Why ‘cheap stocks to buy now’ is the wrong investing idea Supply-side economics (also called trickle-down economics and Reaganomics) is a macroeconomic theory that focuses on ...

It is central to Keynesian economic thought that market prices are sticky—that is, they sometimes fail to adjust quickly or at all to changes in supply and demand. Central banks therefore intervene to ...

Oil is the crown jewel of commodities. It's used in many ways, from making plastics and asphalt to processing fuel. Price ...