As I was sitting in my Introduction to International Relations class last week, my professor began lecturing about different viable economic systems, most notably the German, American/British and ...
The distinction between positive and normative statements is rooted in the philosophical separation of "is" (factual reality) ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Erika Rasure is globally-recognized as a ...
For over sixty-five years, the Review of Social Economy has published high-quality peer-reviewed work on the many relationships between social values and economics. Â The field of social economics ...
Introductory textbooks teach a simple normative story about the importance of maximizing economic surplus that supports common policy claims. There is little defense of the claim that maximizing ...
Dody T. Eid ‘20 is an Economics concentrator in Leverett House. What is economics? To experts like Harvard Economics professor Raj Chetty ’00, economics is a science: Economists form hypotheses, ...
At the end of the previous column, you were left with this question: Which is the best method of resolving conflict over what's produced, how and when it's produced, and who's going to get it? Among ...
London School of Economics and Political Science provides funding as a member of The Conversation UK. It is now more than three months since the Abbott government released its first budget. Amid the ...