America is a rich country with a lot of poor people. Around 22 million people, nearly 1 in every 15 of us, are estimated to have assets worth at least $1 million. Our population of paper millionaires ...

The wealth and poverty of nations has been a preoccupation of economists since Adam Smith founded the discipline 250 years ago, when he wrote a book titled, The Wealth of Nations. This year's Nobel ...

The Nobel economics prize was awarded to Daron Acemoglu, Simon Johnson and James Robinson, who provided new insights into why there are such vast differences in prosperity between nations. Acemoglu ...

The Nobel Prize in Economics was awarded Monday to a trio of U.S.-based researchers, for their study of the institutional roots of wealth and poverty among nations. Ever since Adam Smith wrote "The ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. According to the latest Forbes data, there are now over 3 ...

To Financial-services companies starving for cash during the subprime-credit crises, where bailout money comes from is less important than the fact that it’s available at all. Just ask investors in ...