DOWNWARD SLOPING DEMAND CURVES....Megan McArdle: The cable news shows this morning were full of wide-eyed anchor larvae reporting that with gas prices high, people were driving less, and instead using ...

I wouldn't exactly say that this is a shock but the European Central Bank has just shown that one of the principal conceits of traditional economics is correct. Demand curves really do slope downwards ...

Supply and demand curves express relationships between price and quantity. Equilibrium exists when supply equals demand. The shape of these curves and the equilibrium price affect small and large ...

The American Economist is a leading refereed journal published by the International Honor Society in Economics – Omicron Delta Epsilon – for the enhancement of research in economics. It publishes ...

From the article “Restauranteurs Wrestle With State’s Minimum Wage Hike to $9.04,” about the January 1 increase in Washington state’s minimum wage to $9.04 per hour, the highest state minimum wage in ...

Over March and April 2000, Internet stocks lost 56%, or $700 billion. This sudden collapse has been attributed to an increasing supply of shares from lockup expirations and equity offerings. I show ...

DOWNWARD SLOPING DEMAND CURVES….Megan McArdle: The cable news shows this morning were full of wide-eyed anchor larvae reporting that with gas prices high, people were driving less, and instead using ...