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 ...
During this year of blogging, we have been reminded repeatedly of the confusion sown in higher-education policy and practice by incoherent and misleading use of economic concepts. Some of this appears ...
Just how important is money? Few would deny that it plays a key role in the economy.­ During the Great Depression of the 1930s, existing economic theory was unable either to explain the causes of the ...
From booms and busts to wealth and poverty, economics helps us to understand the material well-being of society. Its impact can be felt in almost every sphere of daily life, from the pound in your ...
Paul Solman: I’ve done numerous interviews with Paul Samuelson over the years. Invariably, he was funny, imaginative and deep. Particularly memorable was a long session on the basics of economics ...