Re “State minimum-wage hike would be a small price to pay to help workers” (Commentary by Loretta Sanchez, March 20): As always, there are two sides to the story. My issue is the clear white-washing ...

Economic theory works on the premise that there are two types of employment: basic and non-basic. Economic base theory claims that basic employment is the engine of a local economy largely because its ...

Energy Secretary Rick Perry’s attempts to discuss basic economic theory on Thursday ended up with him being mocked on Twitter. “Here’s a little economics lesson: supply and demand. You put the supply ...

Keynesian economics is a theory whose premise is that aggregate demand is a primary driver of the economy and employment. Keynesian economics is an economic theory, and the basic premise is that ...

Economists develop economic models to explain consistently recurring relationships. Their models link one or more economic variables to other economic variables (see “Economic Models,” p. 8). For ...

From its most fundamental theories to the halls of academia, the field of economics is built by and for men. Google "famous economists." If you click on every single link that appears on the first ...