Re “State minimum-wage hike would be a small price to pay to help workers” (Commentary by Loretta Sanchez, March 20): As always, there are two sides to the story. My issue is the clear white-washing ...

Energy Secretary Rick Perry’s attempts to discuss basic economic theory on Thursday ended up with him being mocked on Twitter. “Here’s a little economics lesson: supply and demand. You put the supply ...

Economic theory works on the premise that there are two types of employment: basic and non-basic. Economic base theory claims that basic employment is the engine of a local economy largely because its ...

Rational expectations is a basic economic theory that originated with a paper written in 1972 by future Nobel Prize-winning economist Robert Lucas. The theory of rational expectations has been ...

Keynesian economics is a theory whose premise is that aggregate demand is a primary driver of the economy and employment. Keynesian economics is an economic theory, and the basic premise is that ...