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.

Daron Acemoglu, Simon Johnson and James Robinson have been awarded the 2024 Nobel memorial prize in economics for their influential work on how institutions shape economic development. Some would say ...

In the face of shrinking populations, many of the world's major economies are trying to engineer higher birth rates. Policymakers from South Korea, Japan and Italy, for example, have all adopted ...