Markets work best when many companies vie for customers’ favour. They work badly when a few firms dominate, carving up sales between them. Economists therefore need a measure of whether markets are ...

NPR's Scott Simon talks to Greg Ip, The Wall Street Journal's chief economics commentator, about the jobs report, tariffs ...

The Big Mac Index uses the humble burger to decode global currency shifts and hidden price pressures. It’s economic theory served with a clever side of insight. Stacey Leasca is an award-winning ...

With inflation rising and hiring slowing, a dreaded word is back in the conversation: “stagflation.” Widely seen as a nightmare economic scenario, it’s the rare double blow of rising prices and weak ...

Jason Furman is one of the most influential Democratic economists of the past two decades. From 2013 to 2017 he chaired President Barack Obama's Council of Economic Advisers, where he helped shape tax ...