Economics gets its fair share of ribbing, including snark along the lines of "if you're so smart why aren't you rich"? Yet economic concepts can help with financial decisions. Economic reasoning does ...

Forbes contributors publish independent expert analyses and insights. Tim Maurer covers how personal finance is more personal than finance. May 05, 2024, 07:00am EDT Sunk cost, opportunity cost, and ...

Forbes contributors publish independent expert analyses and insights. I’m an economist studying cities and states and their importance in the economy, focusing on their policies, finances and budgets.

President Donald Trump is returning to the White House with the strongest economy in the world; unemployment is low, inflation continues to trend downward and growth is accelerating. Yet, Trump is ...

The federal government is about to upend how regulations are imposed on businesses and citizens. The White House Office of Management and Budget is quietly proposing to phase out from federal ...

Many of us pride ourselves on being resourceful and self-sufficient. Tackling tasks ourselves—whether preparing a home-cooked meal or taking on a complex work project—often feels rewarding. However, ...

Discover the differences between Economic Value Added (EVA) and Market Value Added (MVA) to better understand company ...