Economics

Why Every Entrepreneur Should Study the Austrian School of Economics

Modern economics is a theory of the economy that leaves no place for the entrepreneur. So where should entrepreneurs turn to improve their understanding? The Austrian school of economics might be the answer.

Per Bylund

There are No Shortcuts to Strengthening the Economy. It's a Long Game.

Boosting the economy by lowering tax is like a magic weight loss pill. It might work in the short-term, but it's a terrible long-term strategy.

Todd Hirsch

An Ant Colony Is the Perfect Metaphor for the Economy. Here's What Else You Need to Know.

New ways of thinking about the economy can help us understand how it evolves -- and how public policy can influence it.

Todd Hirsch

Dairy Farmers to Be Compensated for Losses From Pandemic-Related Price Volatility

Under the USDA's new Pandemic Market Volatility Assistance Program, qualified dairy farmers will be reimbursed for 80 percent of the revenue difference per month based on an annual production of up to 5 million pounds of milk marketed and on fluid milk sales from July through December 2020.

The Epoch Times

Inflation Growth Slows in July, Still a Concern as It Broadens and Stays Historically High

The Labor Department stated in a report on Aug. 11 that the consumer price index (CPI) jumped 0.5 percent in July from June, which is less than the previous monthly increase of 0.9 percent.

The Epoch Times

Key Inflation Gauge Posts Fastest Annual Price Gain In 30 Years

Some economists have expressed concerns that if prices accelerate too fast and stay high for too long, expectations of further price increases will take hold, driving up demand for wages and potentially triggering the kind of wage-price spiral that plagued the economy in the 1970s.

The Epoch Times

Inflation and Higher Wages: A Look at the Effect of Extra Income

Though every inflationary period tends to be unique, it can be valuable to compare your current paycheck with rising inflation rates.

The Epoch Times

How to Use Economic Regret Theory to Achieve Happiness

It's all about attaining a net gain in our life's portfolio.

Why Conscious Economics Is the Leadership Style of the Future

The pandemic reinforced the truth that consumers have the power. It's now up to leaders to understand the impact their decisions have on others.

Raj Girn

You Can Leverage Cryptocurrencies to Upset the Balance of Power

Inequality must be eroded, allowing for the construction of a truly global market.

Free On-Demand Webinar: GoDaddy CEO Shares How To Build Your Brand In A New Era of Innovation & Growth

Watch and listen as GoDaddy CEO Aman Bhutani shares the most important lessons and insights he learned throughout his 20-year career in technical, management, and leadership roles.

Jason Nazar

Coronavirus: FM Nirmala Sitharaman Unveils Package For the Poor

Named Pradhan Mantri Garib Kalyan Yojana, the stimulus package includes measures related to food security and direct cash transfer. It is expected to benefit urban and rural poor and migrant workers over the next three months.