Explore how the circular flow model illustrates money's movement through an economy, cycling from producers to consumers, ...

The report warns many economic models are failing to capture extreme weather events and rising uncertainty likely to dominate ...

Digitalization is transforming everything, and as a part of this, the technology-driven economic model (TDEM) continues to evolve. You may have heard of this model as a technology-based economy model.

How would you go about understanding how markets can suddenly be gripped by panic? To physicists, using a model originally developed to explain magnetism might make sense. Yet, economists may find ...

This article appears in the April 2023 issue of The American Prospect magazine. Subscribe here. Americans have been hammered for decades with an economic message that amounts to this: When wealthy ...

Scientists have warned that current models are significantly underrepresenting the toll climate change is taking on the ...