The COVID-19 pandemic has imposed an extraordinary burden on the US health care system. Like all Americans, we’ve been moved by the heroism of the health care workers treating COVID-19 patients on the ...

Self-interest describes actions that are intended to result in personal gain. It comes with both pros and cons.

American students have a solid grasp of many broad economic principles, but they often lack a basic knowledge of the facts, rules, and institutions that shape their daily lives as citizens and ...

During the past few years, the term “Blue Economy” or “Blue Growth” has surged into common policy usage, all over the world. For some, Blue Economy means the use of the sea and its resources for ...

OPINION: Throughout history, Black people have demonstrated the power and effectiveness of working together to grow their communities, which reflects the fourth principle of Kwanzaa, Ujamaa ...

Washington, D.C. — A new analysis from the Center for American Progress looks at the seven principles that must guide an economic relief plan to deliver on health, provide targeted relief, and create ...

There is a rather basic but key economic principle which states that free markets are crucial to efficiently running economies. Free markets facilitate the allocation of capital and resources through ...

The discounting concept is widely used in economics and psychology. When referring to economics, the principle defines a value that will be received in the future, based on present financial terms. It ...

The author would like to extend special thanks to Dewjeong Lee for her substantive research and project management support. The United States has recently pursued “friendshoring” of supply chains to ...

Behavioral Economics—an eight-week virtual program that blends self-paced online modules with live-online sessions led by Chicago Booth faculty—helps executives make more effective decisions. Discover ...