Carla Tardi is a technical editor and digital content producer with 25+ years of experience at top-tier investment banks and money-management firms. Eric's career includes extensive work in both ...

Forbes contributors publish independent expert analyses and insights. I cover domestic and world economics from a free-market perspective. The Nobel Committee has again awarded the Nobel Prize in ...

William Bernstein has updated his classic The Intelligent Asset Allocator (2000) with a new book in his "Investing for Adults" series: Rational Expectations. Forbes.com writers are supposed to ...

There are very few economists who really buy into Keynesian theory anymore. Instead, the idea of “rational expectations” has taken its place. The difference between the two approaches is essential to ...

This year's winners of the Nobel Prize in economics have played key roles in developing what we now call modern macroeconomics. But we wouldn't blame Thomas Sargent and Christopher Sims if they feel ...