What Is the Short Run? The short run in economics is a period when at least one factor of production, such as equipment or labor, remains fixed. The long run, by comparison, allows all inputs to ...

The administration and its supporters argue that the market reaction is only temporary and that the tariffs will only result in short-term “pain,” but the economy would benefit in the long run.

Employment growth has consistently come in above pre-pandemic estimates of the rate needed for unemployment to stay near its long-run natural rate. Even so, unemployment has held steady, which raises ...

Monetary policy has generally been viewed as having a moderating influence on cyclical economic fluctuations. Its long-run effects are believed to be limited to nominal variables, such as prices and ...

Yet in the long run everyone is dead, and in the short run investors face few greater temptations than trying to predict—and dodge—the next crash.