"Whether one is a conservative or a radical, a protectionist or a free trader, a cosmopolitan or a nationalist, a churchman or a heathen, it is useful to know the causes and consequences of economic ...

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 ...

Basic Economics is a 653-page book, not including the index. One doesn’t have to start reading it at the beginning. Near the book’s end, there’s a section titled “Questions,” and it points the reader ...

Sign up for the daily CJR newsletter. Paul Krugman on Monday delivered an excellent primer on basic economics and the importance of what economists call accounting ...

Could you answer the following three questions for your next project? What will it cost? What is it worth? Will it earn sufficient profit? Before undertaking any project, these questions should be ...

To serve effectively in Congress, one does not need a post-graduate degree. When it comes to economics, there's no reason to expect leading lawmakers to be Nobel laureates or be experts in every ...

Could you answer the following three questions for your next project? What will it cost? What is it worth? Will it earn sufficient profit? Before undertaking any project, these questions should be ...

The simplest way to understand economics is that it is a reckoning with unavoidable tradeoffs. If you spend money on something, you may obtain something in return—but you lose the ability to use those ...

During last week’s Republican debate, Ted Cruz continued to gear his message toward the wing of the Republican Party eager to close the borders to immigration. Not explained by Cruz is how a massive ...