It’s accepted wisdom that supply and demand sits at the center of all economic thought. Figure that prices are what organize a market economy, at which point it’s only logical that prices are arrived ...

The 2008 financial crash ripped a giant hole in the incomes and wealth of Americans, limiting their ability to afford everything from big-ticket purchases like cars to their rent. The government ...

It is an article of faith in mainstream economics that an economy cannot grow without a growing money supply. Yet, that is a ...

The title of Benjamin M. Friedman’s “Religious Influences on Economic Thinking” is dully academic but eye-catching all the same. It is a slim book, some of it a restatement of the argument the author ...

I appreciate the opportunity to respond to Corbin DiMeglio's essay. I wish I was allotted more than 300 words! I believe he and I agree on far more than we disagree. Specifically, two points I fully ...

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 ...

Supply is falling. Demand is rising. Anyone with a basic understanding of economics knows what that means. And as the law of supply and demand decrees, used car prices are beginning to rise, according ...

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 ...

Light crude oil futures are facing bearish sentiment, largely driven by concerns over global economic growth and oil demand. Weak consumer spending data from China, the world’s largest oil importer, ...

Core durable goods and pending home sales were better than expected in January, causing Whirlpool shares to rally temporarily. While recent economic data has beaten expectations, the long-term ...