Mainstream economists have been obsessed with finding “optimal” tax rates, and Nicholas Kaldor‘s 1940 formalization of the ...

The law of supply and demand is an economic theory asserting that supply and demand will meet each other at a certain equilibrium price. At its most fundamental level, the theory states that if ...

He is a professor of economics ... demand. Monetarism is a macroeconomic theory stating that governments can foster economic stability by targeting the growth rate of the money supply.