Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s ...

Monopsony The inverse of a monopoly, monopsony occurs when a market has a single buyer. Lack of competition from other buyers means the monopsonist can influence prices or other terms of exchange ...

The long-term societal cost of greenhouse gas emissions exceeds the total market value of the corporate sector.

Institutions help explain uneven development between countries.Why are some countries rich and others poor? It’s among the most important questions in economics—in all the social sciences—and one at ...

Last fall an artist duct-taped a banana to a wall, and the piece sold for $6.24 million. As an economist who also runs the 800-piece contemporary-art collection at Booth, can you explain what made ...

During the fierce congressional debates that led to the passage of the 2017 Tax Cuts and Jobs Act, advocates and opponents of the proposal agreed on one thing: The once-in-a-generation bill, under the ...

Consumer demand is a driving force of economic growth, accounting for about two-thirds of the US economy. So when policymakers want to determine how a particular fiscal or monetary policy will land, ...

In the days following Donald Trump’s reelection, we, like millions of others, spent a fair amount of time reading articles recapping the political earthquake we’re living through. Trump won every ...

For decades, college has been seen by many in the US as the ticket to upward mobility. But it’s hard to separate the value added by college from the outcomes students would have experienced without it ...

The initiative will serve the educational, research, and network needs of current and future family office leaders throughout the world.

The researchers analyzed how the TCJA’s business tax provisions have performed, with an eye to proposing adjustments that would raise the revenue needed to tame run-away deficits and fund priorities ...

Healthcare and the Moral Hazard Problem The demand curve isn’t simple when lives are on the line. By Matthew J. Notowidigdo and Tal Gross July 22, 2024 CBR - Health Care ...