Simulations using a Phillips curve-type relationship provide insights into the importance of demand versus supply for inflation over different periods. The decade of low inflation after the Great ...

Anyone who has taken an economics class knows the importance of where the demand and supply curve intersect, but right now, for many common items, that point is nowhere close to existence. Mostly due ...

It’s accepted wisdom that supply and demand sits at the center of all economic thought. Figure that prices are what organize a market economy, at which point it’s only logical that prices are arrived ...

The Journal of Economic Perspectives, Vol. 37, No. 2 (Spring 2023), pp. 3-28 (26 pages) What do recent advances in economic geography teach us about the spatial distribution of economic activity? We ...

The extent to which either supply or demand factors drive inflation has important implications for economic policy. I propose a framework to decompose inflation into supply- and demand-driven ...

John Maynard Keynes’ book The General Theory of Interest, Employment, and Money is one of the classic works of the twentieth century. Keynes published his book in 1936 during the midst of the Great ...

View post: Analysis: Why ‘cheap stocks to buy now’ is the wrong investing idea Supply-side economics (also called trickle-down economics and Reaganomics) is a macroeconomic theory that focuses on ...

The sudden closure of businesses around the world has contributed to a massive economic shock, and policy makers have scrambled to try to contain the damage. To many, it has seemed a clear supply ...