Throughout history, control over money has been one of the most powerful levers of state authority. What does this mean in ...

“AI right now feels like electricity in the early 1900s,” said Dan Herbatschek. “Everyone knows it’s transformative, but few have truly rewired their systems to harness it.” According to Herbatschek, ...

U.S. academics Paul Milgrom and Robert Wilson won the 2020 Nobel Economics on Monday for work on auctions hailed as benefiting buyers and sellers around the world of everything from fishing quotas to ...

Mainstream economics argues that the tax system is the best tool for reducing economic inequality. In fact, “predistributive” ...