Explore the contrasts between Keynesian economics and monetarism and learn how each theory influences fiscal and monetary policies to regulate economic growth.

Kevin Warsh might try to cut interest rates despite inflation concerns given AI-driven productivity gains. Three economic ...

Critics of the Austrian Business Cycle Theory claim that capital investors over time will no longer be fooled by artificially-low interest rates triggered by ...

Ludwig von Mises’s first major work was The Theory of Money and Credit in which he explained the role of money in the economy and also pointed out what causes ...

An inflationary gap can occur due to increased consumer spending. Learn how it’s calculated and what affects it.

Surveys of professional economic forecasters and financial market data can reveal public perceptions about the future conduct of monetary policy. Current estimates suggest that both professional ...

In June 2022, U.S. inflation rates reached 40-year highs. During the following two years, ‘immaculate disinflation’ saw both the Consumer Price Index and Personal Consumption Expenditures-based ...

Modern Monetary Theory (MMT) can be misleading by presenting technically true statements that are economically flawed.