Normative economics is a perspective of "what ought to be" rather than what actually is, dealing heavily in value judgments ...

Economists in the Trump White House see socialism creeping back into American public discourse, and so they've issued a 70-page report in an attempt to put a stop to it. The Council of Economic ...

Vernon Packer showed exactly what makes us “learned” people so apoplectic in the MAGA Age. He begins by demeaning the attendees of AOC and Bernie’s anti-oligarchy tour as “unlearned” and then goes on ...

Economic theory and planning in socialist systems encompass the analysis of resource allocation, coordination mechanisms and the role of public institutions in directing production and distribution.