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 United States is fighting wars on multiple fronts. Aside from our involvement in Ukraine and the Middle East, a hot war is being waged against economics. This war is being championed by the ...

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 ...