Discover how command and mixed economies differ, focusing on government control vs. private sector influence, supply and demand, and economic growth strategies.

If news about inflation, trade, the Federal Reserve and jobs has you confused and you’re not sure what to make of the US economy, don’t worry: You’re in good company. But this week offered a ton of ...

The Royal Swedish Academy of Sciences on Monday awarded the Nobel Memorial Prize in Economic Sciences to Northwestern University professor and Reason contributor Joel Mokyr "for having identified the ...

An economic downturn or recession begins when the economy experiences a significant decline in typical activity, such as employment, production, income and a few other signs, according to the National ...