A sign of intelligence is learning from one’s mistakes. The Powell Federal Reserve does not display this kind of intelligence. Last year, it managed to produce multi-decade-high inflation by choosing ...

In the Spring 1971 issue of this Journal, Jerome Rothenberg discussed ways of relating economics to the problems of modern society. Thomas B. Duff, a high school teacher, explains how Rothenberg's ...

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 ...

The former head of the Federal Reserve thinks President Donald Trump doesn’t understand basic economics, the central banking system or international trade. But she said it in such a way that you might ...

It would be hard to find a discipline stalked by more fallacy than economics. Many large libraries could be filled with thick books laying out the myriad ways in which the truth about human action is ...