A developed economy is one with sustained economic growth, security, high per-capita income, and advanced technological infrastructure.

Consumption is an always effect of what actually matters: production. It’s a reminder that while “supply siders” are increasingly ridiculous, “supply-side economics” is a statement of the obvious: the ...

The Commerce Department’s Bureau of Economic Analysis last week released its “advance estimate” of U.S. Gross Domestic Product for the first quarter of 2025. GDP measures the total market value of all ...