Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Robert Kelly is managing director of XTS Energy LLC, ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, researcher, and ...

An economic shock, also known as a macroeconomic shock, is any unexpected event that has a large-scale, unexpected impact on the economy. Many, but not all, economists also say that a shock has to be ...

Economists and psychologists work together to understand how human behavior impacts people's decision-making in the marketplace.

Reviewed by Robert C. KellyFact checked by Yarilet PerezReviewed by Robert C. KellyFact checked by Yarilet Perez Arrow's impossibility theorem is a social-choice paradox illustrating the flaws of ...

Forbes contributors publish independent expert analyses and insights. Economics professor and wearer of many hats. Economics: it’s the study of human action and its unintended consequences, and I ...

A heretical idea has entered the national discourse: Maybe some other nations handle their economies better than we do. Some nations, after all, are growing like gangbusters. Some nations have ...

The year unexpectedly became an experiment in emergency powers and unemployment insurance benefits. It remains to be seen how kindly history will look back on the pandemic-related lockdowns and ...

A heretical idea has entered the national discourse: Maybe some other nations handle their economies better than we do. The June 9 issue of Bloomberg BusinessWeek included the article “Fixing ...