Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

CONSUMPTION, production, and investment decisions of individuals, households, and firms often affect people not directly involved in the transactions. Sometimes these indirect effects are tiny. But ...

Consumption, production, and investment decisions of individuals, households, and firms often affect people not directly involved in the transactions. Sometimes these indirect effects are tiny. But ...

Andriy Blokhin has 5+ years of professional experience in public accounting, personal investing, and as a senior auditor with Ernst & Young. Erika Rasure is globally-recognized as a leading consumer ...

The idea of externalities is highly intuitive; it makes sense that the actions of one affect the happiness of others. A positive externality occurs when one’s actions benefit people who were not ...

“Happy families are all alike,” goes the Leo Tolstoy quote from the Russian classic Anna Karenina, “but every unhappy family is unhappy in its own way.” The same can be said about government-focused ...

1 Program of Environmental Sciences, University of São Paulo, São Paulo, Brazil. 2 Faculty of Law, University of São Paulo, São Paulo, Brazil. The article aims to present and discuss the explanatory ...

1 Robert H. Smith School of Business, University of Maryland, College Park, USA. 2 School of Public Policy, University of Maryland, University of Maryland, College Park, USA. Cyber security breaches ...

We economists are often faulted for having a language all our own, usually unintelligible to common mortals. (To be fair, our discipline is not unique in this: many think the language of lawyers is ...