Economics

Our goal is to make the beauty and power of economic thinking available to everyone. We will discuss what it means to think like an economist, how you can use economic thinking to make the world a better place (or to take advantage of your friends and enemies, if you prefer), and also...

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Lincoln and Congress imposed a 3% tax on incomes over $800.

by Roberto Salinas-León

Delta Air Lines said on Friday it will not use artificial intelligence to set personalized ticket prices for passengers after facing sharp criticism from U.S. lawmakers and broad public concern.

Delta Air Lines said on Friday it will not use artificial intelligence to set personalized ticket prices for passengers after facing sharp criticism from U.S. lawmakers and broad public concern.

Imagine if Steve Jobs or Jeff Bezos had been required to obtain fifteen permits, pay multiple unrelated fees, and navigate unreliable public services before

BP has made its largest oil and natural gas discovery in 25 years off the coast of Brazil, it said Monday, in a potential big boost for the British company following its strategic shift away from renewable energy to refocus on fossil fuels.

Plastic pollution is a "grave, growing and under-recognized danger" to health that is costing the world at least $1.5 trillion a year, a report in the Lancet medical journals warns

Yeah, stocks are still on a 4% or higher earnings yield... but when bonds offer the same, what do you do?...

Microsoft reported that Xbox console sales plunged in the quarter ending in June....

With mortgage rates near 7%, buyers are holding back and sellers are staying put — leaving the housing market frozen....

Maybe the biggest failure in air travel is something we don’t talk about at all. How is it possible that people are being told to show up at the airport 2.5 to 3 hours before their flight, and that isn’t considered a failure of massive proportions?

“There is no fare product Delta has ever used, is testing or plans to use that targets customers with individualized prices based on personal data,” the airline told senators Friday.

In a world where global power is measured by military strength, technological innovation, or cultural influence, it is striking that the European Union,

Designed by former educators, this standards-aligned curriculum makes complex topics easy to teach and simple for students to understand and apply to real-life situations.

Since Gretchen Whitmer became governor, Michigan has given $995 million to companies that promised to create 65,000 jobs. They’ve produced 13,000 — a rate of $76,000 per job, a Bridge investigation finds.

Baby boomers (anyone in the 61–79 age range) are either refusing to retire or, increasingly, reentering the workforce.

The economy is starting to show some cracks.

Tariffs of 10% to 41% are now scheduled to kick in Aug. 7.

Disappointment is part of baseball’s draw. Angst and frustration are as much a part of the daily routine as balls and strikes. Success in this twisted sport is impossible without them.

The program aims to address the high costs of parenting with cash.

Dave Woodward, a Royal Oak Democrat who does consulting work outside of his commission job, insists his Sheetz job isn't a conflict, but critics disagree.

Michigan faces a real challenge: how to invest in its future without compromising its economy.

Rates are set to rise in 13 states as Big Tech's data centers boost demand.

Anyone firing up the grill this summer already knows hamburgers and steaks are expensive, but the latest numbers show prices have climbed to record highs.

High interest rates and prices are deterring individual buyers, leaving an opening for firms to snap up single-family properties.

The government will pay families $500 per child until age three to incentivize births.

by Erik W. Matson