News

Australia and New Zealand possess many geostrategic, political, economic, diplomatic and normative assets whose use (or non-use) in support of U.S. objectives or sentiments would give pause to the ...
Lower taxes on tips, overtime and capital spending offer a modest tailwind, even as big deficits threaten future growth.
McDonald’s is the latest target of a grassroots “economic blackout” campaign that has previously targeted other major companies with mixed success.
Probing the incentives and institutions that kept slavery alive can help us value what freedom means.
President Donald Trump’s significant policy changes, including on tariffs, are unlike anything seen in modern history, putting the Federal Reserve in uncharted waters, Chair Jerome Powell said ...
The National Bureau of Economic Research (NBER) defines a recession as a “significant decline in economic activity that is spread across the economy, lasting more than a few months.” Three ...
Economic profit is profit that remains after subtracting opportunity costs from net income. Here you will learn what economic profit is and how to calculate.
His theoretical approach is interdisciplinary, at the intersection of ethics, normative economics, and social choice theory. “I find it quite exciting to go to conferences where I can talk to an ...
Previous research suggests that positive and normative beliefs about economics are largely unrelated. Using questions from two national surveys, this study finds that: (a) the underlying determinants ...
Tomlinson's assertions about food and energy costs contributing to inflation or climate change as the underlying driver are examples of positive and normative statements.
The 2024 Nobel prize in economics has been awarded for widely cited research on global inequality – but there are blind spots in this analysis.
A Beckley Common Council workshop on Tuesday sparked a debate on the definition of economic development and how it relates to the more than 100-acre Pinecrest Business and Technology Park ...