Aggregate demand is being hit by the concentration of income growth among the top earners and is now a drag on economic growth.
News that Australian CEO pay has soared to a 17-year high at a time when ordinary workers' wages are flatlining is ultimately bad news for economic growth and prosperity.
Trump has long talked about halting U.S. participation in the WTO.
Trump has often talked about leaving the World Trade Organization. An economist explains what it is and what would happen if the president had his way.
The doomsayer is just as vital as the visionary.
Doomsaying about new technologies is as old as technology, and it's a vital part of how we figure out when and where something should be used.
Ken Starkey defends the importance of business schools, while Martin Parker says 'bring in the bulldozers'.
Talk of the post-industrial society is mostly hype without evidence.
Tighter emissions standards create costs for truck manufacturers yet provide health benefits for society. How should they be weighed?
EPA Administrator Scott Pruitt has proposed steps that would reduce economic benefits to society from new regulations. An economist who worked for Presidents Clinton and Obama calls this a strategy to justify deregulation.
The latest World Bank report on South Africa identifies land reform as critical factor of addressing the country’s economic challenges.
The latest World Bank report on South Africa addresses solutions to the country's economic challenges.
Economics is about so much more than money – it can help people find the right kidney donors, for example.
Economics isn't just about money – it offers ways to tackle many of our problems. But economists lack diversity, and that limits how they see the world and the solutions they offer.
Prime Minister Justin Trudeau meets with U.S. President Donald Trump in the Oval Office of the White House in Washington, D.C. in October 2017. Trump’s tariffs on Canadian aluminum and steel simply reflect a broader U.S. philosophy on international trade, and that doesn’t bode well for Canada.
THE CANADIAN PRESS/Sean Kilpatrick
The underlying problem with Donald Trump's tariffs on steel and aluminum isn't Trump. It's the increasing willingness by the U.S. to impose its will on its neighbours amid rising economic nationalism.
The job market is still tough for many Americans.
AP Photo/Lynne Sladky
The May jobs report showed that US unemployment is at about a 50-year low. That's not how it feels to many men who've never been to college.
A man browsing the shoe department in a shopping centre. Can he really afford new shoes, and does he really need them?
Under some circumstances, people may feel wealthier than they actually are and this makes them psychologically more prone to increase their spending, as well as their borrowing.
In the short-run, the targeted migration program boosts workers in the target region.
Bread for the World/Flickr
Even if policies could be found to bind new immigrants to regional areas, workers' movements would continue to weaken the long-run impact on regional populations and economies.
Whether or not China and the US are successful in negotiating out of a trade war and restoring the integrated global economy, there will still be strategic tensions between the nations.
THOMAS PETER / AAP
We modelled a number of scenarios showing all increases in US or Chinese trade protection would cause international trade, and the global economy more generally, to shrink.
Indigenous women lose out from the Coalition’s latest budget.
Despite the government spruiking its tax relief for Australians in this year's budget, many women will not benefit from the tax plan.
Lithuania’s soldiers are seen during a celebration of Lithuanian Independence Day in Vilnius, Lithuania, on March 11, 2018. The country was marking the 28th anniversary of its declaration of independence from the Soviet Union.
(AP Photo/Mindaugas Kulbis)
A stint teaching university students in Lithuania leaves a longtime economics professor optimistic about the future of Eastern Europe as it continues its transition to a free-market economy.
If you're going to drive badly in Italy, do it towards the end of the local mayor's term in office.
Wes Mountain/The Conversation
All you need to know about the 2018-19 federal budget in our simple at-a-glance graphic.
John Jabez Edwin Mayal/Wikimedia Commons
Marx's spectre still haunts everything from economics to politics to literature. Here's where to start if you want to know more.
Piyaset / www.shutterstock.com
We looked at ten countries in East Africa and found poverty and politics were much more important drivers of conflict and displacement than climate change.
Andrew Simms (New Weather Institute), Sally Svenlen (RE student), Larry Elliott (
Guardian), Steve Keen (Debunking Economics) and Kate Raworth (Doughnut Economics) symbolically nail the “33 Theses” to the door of the London School of Economics in December 2017.
Nailed to the door of the London School of Economics, the ‘33 Theses’ offer a long overdue challenge to economics dogma. But there are omissions as well.