Decentralized finance (DeFi) has emerged as the flagship concept and use case for blockchain technology and cryptocurrency. DeFi is the use of smart contracts and other decentralized technologies to ...

The world’s second-largest economy is awakening from a yearslong stupor. Since the pandemic’s onset, China’s “Zero COVID” policy has imposed harsh side effects on its commerce. Now, the nation’s most ...

Are you interested in learning more about the US economy and the capitalist economic system? The circular flow model is a way to understand its ebbs and flows better, as it helps to visualize the ...

New economic modeling shows that there is a near certainty that the economy will enter a recession within the next year. The news comes as the Federal Reserve continues its most aggressive tightening ...

This article appears in the April 2023 issue of The American Prospect magazine. Subscribe here. Economics is commonly described as the science of scarcity. We have limited resources, and we have to ...

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.