Markets are often treated as if they naturally maximise public benefit, but they can just as easily reward speculation, weak ...

Less is not always more when it comes to government, write Charles J. Zwick, a former director of the U.S. Bureau of the Budget, Robert A. Levine, a senior economic consultant at the RAND Corporation, ...

We have been told that Electric Vehicles are the way of the future, but the rate of growth is slowing. With the addition of wind and solar, the upward slope of the world per capita electricity ...

Is artificial intelligence about to trigger an economic growth explosion (the “singularity”)? Will most human workers slip into poverty? Or is AI a hyped-up gimmick fueling a financial bubble due to ...

As a new year dawns, it’s customary to reflect on the past and set resolutions for the future. This year, let’s resolve to greet three widespread claims with healthy doses of skepticism. The first ...

His first chapter is “Are You Being Ripped Off?” It addresses myths about predation. It is sometimes alleged that corporations will charge below-cost prices to bankrupt their rivals and then charge ...

Maybe you've heard these things on social media, in the news, and take them as fact: More than half of the adults in the US live paycheck to... Common economic myths, debunked Maybe you've heard these ...

— Webster's dictionary definition of a myth Many Americans, and especially our politicians (of both parties), cling to myths about our economy that are no longer valid. There are many, but I cite ...

The U.S. economy is suffering its deepest and most prolonged recession since the Great Depression. The fundamental causes of the recession and the slow recovery are two decades of poorly conceived ...

But it's not true! Politicians are so ignorant about economics. On his blog, Cafe Hayek, George Mason University professor Donald Boudreaux says his main job is showing students that much of what they ...