Economics was a bystander to the Industrial Revolution and rather ruined the 20th century; it should understand that it is best conceived as a leisure activity.

Regarding Matthew Hennessey’s op-ed “JD Vance Defies the Market’s Gravity” (June 3): I always find it amusing when people assert that economics isn’t a science. Such statements suggest that they don’t ...

Though economics presents its own methodological problems, the basic challenges facing researchers are not fundamentally different from those faced by researchers in other fields. As economics ...

When the economics department at the Massachusetts Institute of Technology issues a statement, it is often to celebrate a Nobel Prize. In the past decade, six of its professors have won the award—as ...

Joel Mokyr, Philippe Aghion and Peter Howitt won the Nobel memorial prize in economics Monday for their research into the impact of innovation on economic growth and how new technologies replace older ...

Northwestern's Joel Mokyr, along with Philippe Aghion and Peter Howitt, are awarded the Nobel memorial prize in economics ...