What is debt? What is a deficit? And do these things have different outcomes for individuals and nations? Adriene and Jacob answer all these questions and more on this week's Crash Course Econ.

Mr Conway emphasised that in normal times, monetary and fiscal policies can pursue their respective objectives, while ...

Fed Chair Jerome Powell wins 2025 Adam Smith Award; discusses inflation, policy strategy, and signals on quantitative ...

Mr Conway emphasised that in normal times, monetary and fiscal policies can pursue their respective objectives, while maintaining economic stability. But in a crisis, the objectives of monetary and ...

For students, what a textbook says is ground truth. But for nearly 15 years, leading introductory economics textbooks gave students an outdated or incomplete explanation of how the Federal Reserve ...

That makes it a particularly bad time to loosen too much. Imagine the brawl if the central bank had to correct course and hike rates sharply with Mr Trump in the White House. One cut makes sense as ...