Although economic inefficiency is no virtue, it should not automatically be interpreted as a sign of failure in the functioning of the economy or its individual components. In fact, the pursuit of ...

Given this backdrop, reducing the size of government while increasing its efficiency generally leads to positive effects on economic growth, which is extremely important for reducing the deficit and ...

Who wins? Who loses? Why? Economists use models that are substantiated by statistical analysis to study important issues such as economic growth, unemployment, productivity and efficiency, poverty and ...

Satya Nadella, the boss of Microsoft, posted on X, a social-media platform, that “Jevons paradox strikes again! As AI gets ...

Exchange traded funds (ETFs) have improved the efficiency of stock markets in the developed world, new research suggests.

Thus, economic efficiency is achieved: people to whom the tickets are most valuable get them. This poses the question: why aren’t ticket prices set higher in the first place? Raising prices ...

Combining cutting-edge, integrated natural science and economic models with an extensive new global dataset, Nature’s Frontiers: Achieving Sustainability, Efficiency, and Prosperity with Natural ...