It's really amazing to watch Robert Reich struggling with the most basic concepts in economics. Even when he's latched onto something which is actually a good idea, like the universal basic income. He ...

More than 70% of American adults in a recent survey said they're as interested in economics as in politics, business, and finance. But half flunked an elementary quiz on basic economic concepts. The ...

"Basic Economics" is a 653-page book, not including the index. One doesn't have to start reading it at the beginning. Near the book's end, there's a section titled "Questions," and it points the ...

The British public's grasp of broader economics is 'generally very weak,' according to a study which quizzed people on terms such as GDP and deficit. Less than half of those tested understood that GDP ...