The M1 money supply is the most liquid version of the money supply and tells a story about what a consumer can spend. Here's what you need to know.

Traditional applied general-equilibrium (AGE) models have always faced trade-offs between analytical and computational tractability and counter-empirical restrictions. One is the assumption of ...

The 21st-century left has often argued that the solution to rampant inequality is income redistribution. But this may not be ...