Economics is the social science that studies the production, distribution, trade, and consumption of goods and services. Economics uses a mix of psychology, mathematics, experiment, and analysis to predict and understand economies.

Neoliberalism Explained

Neoliberalism is an economically-minded evolution of classical liberalism focused on deregulation, trade, and the private market. It is a “middle way” or “third way” between liberalism and conservatism.

Understanding Labor and Capital

Labor and capital are economic terms that describe 1. workers and their labor power and, 2. capitalists and their material and financial capital.