Discover how evolutionary economics explains economic change, emphasizing psychological influences and societal dynamics, with historic insights and practical examples.

In recent years, 55 economists from around the world have met at the London School of Economics and Political Science to ...

The discounting concept is widely used in economics and psychology. When referring to economics, the principle defines a value that will be received in the future, based on present financial terms. It ...

The Foundation for Economic Education (FEE) is a non-political, non-profit, tax-exempt educational foundation established in 1946 to promote “sound economic principles and the entrepreneurial spirit.” ...

Discover the Austrian School of Economics, its key principles, major contributors like Menger and Hayek, and its influence on economic thought and policy today.

Just transition is a framework that seeks to ensure more equitable shifts to a regenerative, low-carbon economy through social inclusion and poverty eradication. It aims to protect the environment as ...

The author would like to extend special thanks to Dewjeong Lee for her substantive research and project management support. The United States has recently pursued “friendshoring” of supply chains to ...

A generation ago, the so-called Washington Consensus laid out a series of do’s and don’ts for policymakers around the world. Despite its influence, the Washington Consensus has been widely criticised, ...

Forbes contributors publish independent expert analyses and insights. I share tips about launching, validating and growing startups. When it comes to concepts from economics useful to startup founders ...

The COVID-19 pandemic has imposed an extraordinary burden on the US health care system. Like all Americans, we’ve been moved by the heroism of the health care workers treating COVID-19 patients on the ...