Writer Nat Dyer on how David Ricardo's abstract models pushed economics into fantasy — and we all paid the price ...

The forecast for 2025 is broadly unchanged from that in the October 2024 World Economic Outlook (WEO), primarily on account of an upward revision in the United States offsetting downward revisions in ...

The standard Keynesian line is that the government can shorten recessions by using fiscal and monetary “stimulus.” However, ...

The challenge facing economic science is to counter the reactionary counterrevolution by states and governments that smother voluntary cooperation and free human interaction based on liberty. The ...

The Indian Rupee saw its best gain since June 3, strengthening to 86.36/$1 due to a softer dollar index and a contraction in the December trade gap. The Reserve Bank of India's interventions helped ...

The School of Economics introduced the annual Perraton lecture to honour our colleague – Dr Jonathan Perraton. This year we are joined by Professor Dame Diane Coyle. The five areas in Great Britain ...

The formative influence of his Sikh upbringing on his economic vision is mainly unknown, especially to economists. He studied at Cambridge and Oxford during a period of post-war capitalism heavily ...

Bulls appear to have lost momentum after a strong start to the year. While Nifty is still up by 0.19% compared to December's closing, Nifty Bank has declined by over 2% in January, particularly ...

The world is undergoing profound economic and societal changes ... His ideas helped develop the laissez-faire capitalism that defined much of the 19th century. Today, to ensure equitable access ...

President-elect Donald Trump is considering declaring a national economic emergency to provide legal justification for a large swath of universal tariffs on allies and adversaries, four sources ...

Although often taught and presented as separate disciplines, economics and finance are interrelated and regularly inform each other. Investors care about both these studies because they influence ...