The economy's supply side first gained attention when Adam Smith published "Wealth of Nations" in 1776. The supply side handles mobilization of resources to supply goods and services. The theory ...
A few years ago, I got the idea of writing a history of supply-side economics, that cornerstone of the Reagan Revolution of the 1980s. I set up a research plan, identified the relevant sources and ...
Discover what joint supply means in economics, how it results in multiple outputs, and see examples like livestock that yield both meat and hide.
Looking ahead, Trump's supply-side policies are set to be fully executed, and the latest data suggest that the trends of ...
Economics is a social science that studies the collection, allocation and distribution of economic resources. Business owners use the study of economics to help them make business decisions. Not only ...
Why do residents of Beverly Hills have such expensive cars? The question is rhetorical. Readers know why. While some will mindlessly contend that all the wealth is inherited, most understand that ...
The economist Robert Mundell died on April 4. Although known primarily for his work on international economics—he’s popularly known in economic circles as the “father of the euro”—he played a vital ...
In economics, supply is the amount of some product producers are willing and able to sell at a given price all other factors being held constant. Usually, supply is plotted as a supply curve showing ...
The last time U.S. inflation was raging, presidential candidate Ronald Reagan promised that cutting income taxes and business regulation would stabilize the volatile American economy, then get it ...
The size of the new bipartisan infrastructure bill isn’t the only thing that separates this legislation from its predecessors. WSJ’s Gerald F. Seib explains the five key ways this bill takes a ...
It’s natural to blame panic-buying for the empty shelves you’ve seen at your local store during the past year of the pandemic. And while it’s true that panic-buying and hoarding is part of the problem ...
The last time U.S. inflation was raging, presidential candidate Ronald Reagan promised that cutting income taxes and business regulation would stabilize the volatile American economy, then get it ...