If there is one consistent theme in President Trump’s economic philosophy, it is that trade deficits are bad for the country and must be eliminated. This is the principal motivation for his recent ...

Modern mainstream economics tends to involve complex mathematical models that purport to forecast the future from past results, in close enough detail for politicians to make decisions that affect the ...

Exit polling suggests that the dominating issue for voters in the presidential election was the economy. Americans can barely afford groceries, rent and child care. Voters perceived President-elect ...

Forbes contributors publish independent expert analyses and insights. I share tips about launching, validating and growing startups. When it comes to concepts from economics useful to startup founders ...

The author would like to extend special thanks to Dewjeong Lee for her substantive research and project management support. The United States has recently pursued “friendshoring” of supply chains to ...

There is a rather basic but key economic principle which states that free markets are crucial to efficiently running economies. Free markets facilitate the allocation of capital and resources through ...