You’ve probably noticed this before: the price of your go-to latte suddenly spikes, or a popular gadget is out of stock everywhere—only to reappear at twice the price weeks later. What’s going on? No, it’s not a conspiracy by coffee shops or tech c…
The Architect of Modern Economic Indicators Simon Kuznets (1901–1985) was a pioneering American economist whose work fundamentally transformed how we measure and understand economic activity. Best known for developing the modern concept of Gross D…
In your economics class, you might have heard that cutting taxes can boost the economy. But why would the government want to give up revenue? What’s the logic behind believing that tax cuts — especially for corporations and high-income earners — co…
Martin Lawrence Weitzman (1942–2019) was a trailblazing American economist whose work profoundly shaped the field of environmental and climate economics. Best known for his research on the economics of uncertainty, carbon pricing, and catastrophic c…
In times of economic uncertainty, one phrase consistently returns to the center of public debate: “stimulate demand.” Whether in the form of stimulus checks, tax rebates, or government infrastructure spending, this mantra reflects a powerful schoo…
It’s a common scene across American campuses and city streets: students queueing up at their local coffee shops, clutching reusable mugs, ready to fuel up for the day. But lately, many have been taken aback by the rising cost of their daily caffei…