Trump’s tariffs could raise $600 billion a year, but this would only happen if consumers avoid substitution and continue to buy foreign goods at tariff-elevated prices, which is unlikely.

Besides his extensive derivative trading expertise, Adam is an expert in economics and behavioral finance. Adam received his master's in economics from The New School for Social Research and his ...

Hoover Fellow and author Thomas Sowell on his fifth edition of "Basic Economics: A common sense guide to the economy." ...

This puts the task of increasing output on the shoulders of the government. According to Keynesian economics, state intervention is necessary to moderate the booms and busts in economic activity, ...

Luis Armona, Harvard Kennedy School researcher and assistant professor of public policy, believes a better understanding of the basic economics of firearms—why consumers buy them, how manufacturers ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New ...

Beijing said that the U.S. tariffs against China defy 'basic economic laws and common sense' after Donald Trump raised the rate on Chinese imports to 125%. A statement from the finance ministry ...