Economic man represents a rational actor, aiming to maximize utility and satisfaction. Discover his role and the impact the concept has in economic theories and models.

Editor’s Note: On Making Sen$e this week, we’ve been publishing Paul Solman’s never-aired conversation with economic historian Gregory Clark about his 2007 book ...

Carol M. Kopp edits features on a wide range of subjects for Investopedia, including investing, personal finance, retirement planning, taxes, business management, and career development. Development ...

Once upon a time, in the middle of the last century, America had a thriving economy in which the middle class was at the center and everyone -- poor and rich alike -- did better. But then, starting in ...

James Surowiecki (via Andrew) makes a great point about the bonus backlash: Myriad experiments in behavioral economics have found that people are willing to pay to punish members of a group whom they ...

GOLD suffered its biggest two-day fall in 30 years on April 12th and 15th. When an asset falls so sharply in price, it is tempting to believe that significant economic changes must be afoot. But an ...