Learn about mixed economies blending capitalism and socialism. Explore their features, benefits, and challenges in this comprehensive guide.

An economic shock, also known as a macroeconomic shock, is any unexpected event that has a large-scale, unexpected impact on the economy. Many, but not all, economists also say that a shock has to be ...

Fixing is the practice of setting the price of a product rather than allowing it to be determined by the free market.

Today, Indiana thrives as a hub for innovators, visionaries and bold thinkers who will shape our future. Our manufacturers, ...

“The extremely low vacancy rates for industrial space exhibits that Mentor’s manufacturing industry has always been a pillar of strength, adapting to new technologies and expanding ...

Economic mobility by state: where colleges deliver real ROI. Using data, we can see the programs that lift students into the middle class.

The Review of Economic Studies, Vol. 65, No. 1 (Jan., 1998), pp. 23-44 (22 pages) Drawing upon recent contributions in the statistical literature, we present new results on the convergence of ...

Discounting in Economics Examples It is almost impossible to discuss the value of any asset, cash or real, without taking into consideration discounting principles.

Economics can help us be better stewards, and it can help us make better public policy. Here are four examples--minimum wages, tariffs, price-gouging laws, and drug prohibition--where economics ...

What Are Doom and Gloom? “Doom and gloom,” or “gloom and doom,” is an expression used to describe a pessimistic or negative outlook on financial markets or the ...