Explore the connection between neoclassical economics and neoliberalism, focusing on the shared principles of free markets, ...

Markets are fundamental to economic systems, serving as physical or virtual spaces where buyers and sellers exchange goods and services. While economists generally celebrate the efficiency of markets, ...

Learn about market failure in economics, where supply and demand imbalances lead to inefficient distribution, its types, and causes.

Attention to individual acts of market intervention, however, has so far failed to fully understand the Trump administration’s actions as part of a single, evolving pattern of state behavior.