The Feb. 4 column “Environment can’t wait for carbon tax deal” reinforces a simple law of economics: If you want to reduce the consumption or production of something, in this case carbon emissions, ...

The global pandemic has highlighted that economics is all around us. The past 18 months have taught us that scarcity forces everyone to make choices, which comes with a cost. An understanding of ...

Investors love a simple narrative, and economists are delighted to oblige. There’s just one slight problem: The obvious stories about the U.S. economy have been repeatedly wrong since the Covid ...