Keynesian economics is a macroeconomic theory that advocates for active government intervention to manage economic cycles, particularly during recessions and depressions. Developed by British ...

We may receive a commission on purchases made from links. Some Honda vehicles have a green ECON button on the left of the steering wheel or in the console near the shifter. The ECON button is part of ...

As part of our Marketplace Economic Pulse series, we examine the economy from a range of perspectives. Today, we hear from Clara Mattei, a professor of economics at the University of Tulsa In Oklahoma ...

Jason Furman is one of the most influential Democratic economists of the past two decades. From 2013 to 2017 he chaired President Barack Obama's Council of Economic Advisers, where he helped shape tax ...

I am so glad you asked this great question! Indeed, many of us study economic theory in classrooms, and the Phillips curve is typically covered in a macroeconomics class. However, it is natural to ...