Nobel laureate Simon Johnson challenges the notion that free markets operate independently from political influence in the latest installment of Planet Money Summer School. The program, which runs ...

Free Markets. Markets Aren't Perfect, but Government Is Worse The free market allows people to cooperate, fix errors, and adapt to changing circumstances.

Greg Ip, Economics commentator for the Wall Street Journal, has made an interesting and relevant observation about the American economy. According to Ip, our economy is, sliding into a “China ...

Government Intervention Versus The Free Market The domestic health of the markets is tied heavily to the economic well-being of the public. Whilst it may seem more prudent to dispense with changing ...

Ultimately, inflation cannot be solved by government intervention, and attempts to cap “excess profits” as some economists suggest, will only stifle the market forces that drive economic recovery.

A command economy is controlled by a government while a mixed economy is driven in large part by the private sector, with some government control and intervention.

Late last year, I was asked on a podcast what one fear I had for 2023 that was out-of-consensus and not expected by markets, but a non-zero probability which if it came to pass would have a huge ...

The International Monetary Fund predicts, opens new tab the U.S. government’s cyclically adjusted budget deficit – excluding the effects of economic gyrations on expenditures and revenues ...