Taxes have played a significant role throughout American historyprovoking revolution, inspiring representative government, and financing war and major domestic initiatives.
The current economic crisis is primarily a story about unintended consequences and what happens when the incentive structure is damaged by unsound institutions and policies.
Keynesian fiscal policyout of fashion with economists and policymakers for decadeshas enjoyed a revival under President Obama's new economic policy team, but competing approaches also have their advocates.
In many of the nations top business schools it sometimes seems that a focus on profits has replaced ethics. Yet recent research shows that the teaching of ethics need not wait until higher education.
AP economics courses are a positive-sum game students gain important skills and learn to determine the most advantageous combination of costs and benefits.