It's really amazing to watch Robert Reich struggling with the most basic concepts in economics. Even when he's latched onto something which is actually a good idea, like the universal basic income. He ...

On today’s episode of Economic Update, Professor Wolff delivers an introduction to the key economic concept of “the surplus.” He explains economic structures as ways of organizing the production and ...

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 ...

Corrected: An earlier version of this story misstated the scope of the results from the first National Assessment of Educational Progress economics test. Even as state policymakers stress the ...