Discover how bioeconomics integrates economics and biology to explain resource management and economic events. Learn about ...

Discover how the Nordic model blends capitalism and social welfare, compared to the U.S. system, with insights on taxation, social services, and economic efficiency.

An Introduction to Ergodicity Economics is a new textbook that draws on physics to re-examine traditional economic theory. It ...

This article appears in the April 2023 issue of The American Prospect magazine. Subscribe here. Economics is commonly described as the science of scarcity. We have limited resources, and we have to ...

Decentralized finance (DeFi) has emerged as the flagship concept and use case for blockchain technology and cryptocurrency. DeFi is the use of smart contracts and other decentralized technologies to ...

Agent-based modelling (ABM) has emerged as a pivotal tool in macroeconomics and economic policy analysis. By simulating the interactions of numerous heterogeneous agents — such as households, firms, ...

Ho, the John L. Weinberg Professor of Economics and Business Policy, was “a brilliant scholar, a charismatic teacher and a ...

Germany’s economic model is known for close relations between bosses and unions; the Mittelstand, the country’s world-leading manufacturing firms; and the political system’s federalism, which spreads ...

In late September, after months of missing post-pandemic growth targets, the Chinese government began rolling out a broad set of economic stimulus measures. So far, these have included stock market ...