The right can often be guilty of blurring the lines between what has been described as the science of economics and the art of political economy. If economics is the descriptive study of the way ...

In the immortal Federalist No. 10, James Madison wrote, The most common and durable source of factions has been the various and unequal distribution of property. Those who hold and those who are ...

Discover what rent seeking is in economics, its implications, and see examples of how entities gain wealth without societal contribution through lobbying and other means ...

Once relegated to the junk heap of economic ideas by mainstream policymakers, industrial policies, or state actions to change the composition of economic activity, are making a comeback. In the United ...

France’s economic growth was resilient in recent months despite heightened political uncertainty weighing on business leaders, the country’s central bank said. The economy probably expanded around 0.3 ...

The Chinese economy is, arguably, more imbalanced than ever. The continuous stream of facts and arguments from people like Michael Pettis and Brad Setser show this beyond any doubt. In the context of ...