Discover how Keynesian economics can stabilize economies by mitigating boom-bust cycles, as pioneered by John Maynard Keynes ...

Discover exceptions to the law of demand, like Giffen and Veblen goods, and understand why they don't disprove core economic ...

View post: Amazon is selling a $100 dresser with a hanging rack that 'holds a ton of clothes' for just $80 Supply-side economics (also called trickle-down economics and Reaganomics) is a macroeconomic ...

The fundamental principles of economics are based on human nature and do not change regardless of how they are interpreted. People behave certain ways on an individual and societal level based on the ...

The US housing market is distorting a core principle of economics: supply and demand. Home prices soared in May, even as existing home sales fell and the supply of homes for sale jumped. "This one is ...