Economic indicators are pieces or sets of macroeconomic data that are indicative of the past, present, or future state of the economy or some part of it. Even outside of the realm of finance, the ...

Instead of focusing on reducing deficits, MMT argues that the government should focus on spending to achieve full employment and economic stability. One prominent modern example of a politician ...

His ideas stem in part from a series of observations he made in graduate school that led him to believe that people’s behavior deviated from traditional economic models in predictable ways. For ...

They may then be able to use this knowledge to nudge the economy toward a more desired outcome (for example, avoiding a global financial crisis). An economic model is a simplified description of ...