President Donald Trump this week unleashed an economic hurricane by hitting dozens of countries with a punishing wave of tariffs. In order to explain the specific tariff imposed on any given country, ...

A modern-age bronze statue of the ancient Greek goddess Athena has become a symbol of the city of Guadalajara in western ...

Both of these Greek letters are used in economics as shorthand for factors of elasticity but, in this case, the White House assigned them respective values of 0.25 and 4.