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 ...

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 ...

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 ...

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 ...