Although nearly a quarter of Americans (23%) say socialism means equality, fewer (17%) correctly identify socialism as an economic system where the government controls key factors of production and ...

A surprising eight out of 10 12th graders understand basic economics concepts, according to a national study released on Wednesday. “Given the number of students who finish high school with limited ...

A fundamental economic principle is that voluntary trade creates wealth, and the more people trade, the greater their well-being. Most economists agree that the more a nation’s citizens can trade with ...

Does anybody around here understand basic economics? In 2008, Supreme Court Justice Samuel Alito was treated to an all-expenses paid fishing trip to Alaska. This included transportation aboard a ...

BBC News’ journalists failure to understand “basic economics” is bringing a “high risk to impartiality,” according to a BBC-commissioned report. The finding was contained in the first BBC impartiality ...