Keynesian economics is a theory whose premise is that aggregate demand is a primary driver of the economy and employment. Keynesian economics is an economic theory, and the basic premise is that ...
Allison Williams is an economics student at Pepperdine University and a member of the Young Leaders Program at The Heritage Foundation. If young Americans can’t even grasp basic economic concepts, we ...
When New York's Rep. Alexandria Ocasio-Cortez warned that the world would end in 12 years due to climate change, she fell short of noting the U.S. national debt as another contributing factor. The ...
A sign of intelligence is learning from one’s mistakes. The Powell Federal Reserve does not display this kind of intelligence. Last year, it managed to produce multi-decade-high inflation by choosing ...
California is a desirable place to live, regardless of its politics. Primarily it’s the comfortable climate made better by sucking the Colorado River dry. This is demand. On the supply side, there is ...