Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Economics is a broad category that ...

Take your pick, reality or fantasy. Economics is the science that studies human behavior as a relationship between ends and scarce means which have alternative uses. Lionel Robbins, Nature and ...

Supply-side economics focuses on aggregate supply fueling economic growth. Supply-side economics (also called trickle-down economics and Reaganomics) is a macroeconomic theory that focuses on ...

Economics is a field that exists between scientific objectivity and subjective interpretation. Suppose a policymaker is trying to decide whether a proposed new tax is a good idea. One economist might ...

Mark Thoma recently wrote a piece on the failures of macroeconomics and the need for new thinking in macroeconomics. His main criticisms are as follows: I should note that Thoma also criticizes the ...

Just how important is money? Few would deny that it plays a key role in the economy.­ During the Great Depression of the 1930s, existing economic theory was unable either to explain the causes of the ...

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Thomas J Catalano is a CFP and Registered Investment ...