Explore whether economics can be considered a science, analyzing its classification, testability, and consensus within social science debates.

Positive economics is a fact-based analysis of what is occurring in an economy, without making prescriptions of what should or should not be happening.

We should have learned the painful lesson by now: Genuine, inclusive, and sustainable economic development is only possible when a nation is governed well. We should no longer be fooled into thinking ...

Last week in my Principles course, we discussed the economic functions of government. Most textbooks will list about a half dozen of these, and it's always fun to talk about them in class. It's a ...