economist

Are economists capable of foresight? Hardly.

A British newspaper is going to be sued by an Iraqi actress because it used a picture of her in an article about 'fat' women.

Jared Bernstein, the White House's chief economist, said that the Biden administration's use of the word 'transitory' to describe rising inflation gave Americans the wrong idea that price increases would be short-term.

Induced demand is the term used by economists to describe how increasing the supply of something (such as roads) makes people want it even more. Though some traffic engineers noticed this phenomena as early as the 1960s, it wasn't until recently that social scientists gathered enough data to illustrate how it happens almost every time we create a new route.

Economist Ben Rogge’s life is a shining example of how a person’s deeds can align with his words in the defense of free thought and free enterprise. This year marks the 100th anniversary of Ben Rogge‘s birth on June 18, 1920 and the 40th anniversary of his death on November 17, 1980. He mattered in …

American economist Milton Friedman rose to prominence in the second half of the 20th century as one of the leading critics of the prevailing economic theories of John Maynard Keynes, whose mixed economy model became the standard for many developed nations during and after the World War II-era. Born in Brooklyn to a Jewish family …