U.S. economists may be barely holding on by their fingernails over the current state of the American economy, but strangely, ...
Decision theory is a cornerstone of economic analysis, providing a framework for understanding how individuals and institutions make choices under conditions of uncertainty and risk. At its core, the ...
Explore corporate citizenship, its five development stages, and real-life examples like Starbucks. Learn how businesses meet ...
Discover what rent seeking is in economics, its implications, and see examples of how entities gain wealth without societal ...
Putting moral insight back into economics enhances understanding of political outcomes For much of the 20th century, the disciplines of moral psychology and economics were seen as distinct—each ...
CNBC's Jim Cramer said Monday that investor sentiment has gotten too negative but could improve if President Donald Trump clarifies his tariff policies. Measures like inflation and unemployment have ...
Earlier this week I had the great fortune of participating in a Santa Fe Institute workshop on The Calculated Economy in the Era of Machine Learning. The workshop’s broad frame was exploring how AI ...
Mainstream economics argues that the tax system is the best tool for reducing economic inequality. In fact, “predistributive” measures like minimum wages and collective bargaining can be equally or ...