Trump first announced his massive tariffs on “Liberation Day,” which was April 2. This was supposed to be the beginning of the United States rebuilding its manufacturing capacity. Since Liberation Day ...
One beauty of economics — the study of how human beings use scarce resources — is that its basic principles apply to life even if money is not involved. Opportunity cost, externalities, sunk costs, ...
On a sunny afternoon aboard an icebreaker in Helsinki’s harbour, it is possible to forget that the border of a warmongering dictatorship is just 150km away. The ships, powerful enough to provide ...
People hear rumors of a new technology that stands to destroy the next generation’s livelihood. Fears spread that the work and lifestyle they enjoyed may not be there for their children and ...
Lights, camera, economics! This week, we bring you something different: the premier of the Money Talks film club. So get yourself a large soda (no ice), some popcorn and find out what economic lessons ...
Lessons from Soviet Economics for the Climate Era Abby Innes argues the world needs to reimagine how governments wield economic tools if we are to get on track to fight climate change.
This year's Nobel Prize for economics honors three scholars who have tried to understand why innovation happens and how it promotes economic growth. The laureates have shed light on the mysteries of ...
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