Learn about centrally planned economies, where governments make key economic decisions. Explore features, benefits, ...

This article appears in the April 2023 issue of The American Prospect magazine. Subscribe here. Americans have been hammered for decades with an economic message that amounts to this: When wealthy ...

Plastic is now becoming as much of a problem as it has been a solution. Some say the global plastic waste crisis has reached a critical tipping point, that the oceans are swimming with microplastics, ...

How would you go about understanding how markets can suddenly be gripped by panic? To physicists, using a model originally developed to explain magnetism might make sense. Yet, economists may find ...