“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” measures like minimum wages and collective bargaining can be equally or ...

No one wants to be a party pooper. It drives away friends and makes you generally unpopular. But if you are a monetary policymaker, ending the party before it gets too wild is quite literally your job ...

Abstract: In this paper, we develop what we refer to as economic circuit theory. Our purpose is to exploit the proven effectiveness of electrical circuit theory for the design, modeling, and analysis ...

There are powerful economic messages to take from the careers of Taylor Swift and Beyoncé, writes a University of Kansas professor. A new book lays out what their successes help us understand about ...

Modern Monetary Theory is a relatively new heterodox economic school of thought based on the last 5,000 years or so of monetary history. At its core, it simply explains how monetary systems work. In ...

Birch theory, a "modern gift boutique," opens August 16 in Dover, New Hampshire, offering unique, ethically sourced gifts. The store features a handcrafted soda bar, a dog-friendly atmosphere, and a ...

A misbegotten trade war, combined with fiscal irresponsibility and the attempt to transmogrify the Constitution along the lines proposed in Project 2025, have led us to this — whatever this is. The ...

This video traces the transformation of India from its ancient identity as the “Golden Bird” to its rise as one of the world’s leading emerging economies. Covering key historical phases — from ...

IN TRYING to understand the economic rationale why the City of Cape Town and the Western Cape government are colluding with developers to pave over the 3000ha Philippi Horticultural Area foodland (PHA ...