Basic Economics is a 653-page book, not including the index. One doesn’t have to start reading it at the beginning. Near the book’s end, there’s a section titled “Questions,” and it points the reader ...

"Basic Economics: A Common Sense Guide to the Economy" by Thomas Sowell is one of those important works that should be required reading for anyone who is alive. Barring that it should, at minimum, be ...

While researchers say more formal teaching is needed, eight in 10 high school seniors have a basic understanding of economics, according to a new national economics assessment. “The Nation’s Report ...

Paul Solman: On Tuesday, we posted the first transcript from a series of interviews I’ve done with Paul Samuelson over the years. This installment picks up where the last left off, explaining the most ...

Congress is failing basic economics. The largest business in the United States is taking in $6 trillion dollars in revenue and is projected to spend $8 trillion. The CEO of this company should be ...

A fundamental economic principle is that voluntary trade creates wealth, and the more people trade, the greater their well-being. Most economists agree that the more a nation’s citizens can trade with ...