Some even consider them quaint, outdated, or simple-minded. Basic economic principles, however, are neither simplistic nor simple minded. They are, rather, quite sophisticated in their simplicity, ...

Politicians have been stumbling over one another to take credit for the popular Cash for Clunkers program, which provides up to $4,500 to consumers who trade in gas-guzzling cars and trucks for more ...

Exit polling suggests that the dominating issue for voters in the presidential election was the economy. Americans can barely afford groceries, rent and child care. Voters perceived President-elect ...

When running a small business, decisions must be made to help ensure profit maximization and continued success. Understanding some of the basic economic principles at work behind the scenes can help ...

Forbes contributors publish independent expert analyses and insights. I share tips about launching, validating and growing startups. When it comes to concepts from economics useful to startup founders ...

Entrepreneurs come from a wide variety of different educational backgrounds, but it is important for all small-business owners to learn basic economic principles, regardless of their areas of ...

There is a rather basic but key economic principle which states that free markets are crucial to efficiently running economies. Free markets facilitate the allocation of capital and resources through ...