This interview is part of our “Econ Extra Credit” project, where we read an introductory economics textbook provided by the nonprofit Core-Econ together with our listeners. When you think of taking an ...

Steve Keen's latest book is succinct and wide-ranging. This book provides a clear direction for economics. Meaningful macroeconomic models must be based on reality. Equilibrium for modeling nonlinear, ...

In the nineteen-forties, when the Massachusetts Institute of Technology was considering adopting a new economics textbook, the school’s president received warnings about the book’s author: “It is ...

In this article, we will outline some of the best resources for learning about why failing economic practices led to the invention of bitcoin, by exploring first principles of economics, through the ...

The diagram above represents the standard economics textbook presentation of the effects of minimum wage laws that artificially raise wages for low-skilled workers (to $7.25 an hour in this case) ...

John Kenneth Galbraith at a forum in Amsterdam in 1982. Dutch National Archives EDITOR’S NOTE: This essay was prepared for the Free Economic Society of Russia's 50th anniversary commemoration of the ...