Explore Sir Arthur Lewis’s contributions to development economics, including his Nobel-winning dual-sector model, known as the Lewis Model, fostering economic growth.
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.
Climate change is a major economic threat. With a new model, economist Andrea Titton shows how climate disasters can disrupt supply chains, how climate tipping points may cost trillions each year, and ...
The discussion around improving access to higher education —specifically due to the decades-long price increase of a four-year degree — is typically framed as whether or not college should be free.
WEST LAFAYETTE, Ind. - Using models that blend global economics, geography, ecology and environmental sciences is essential to understanding how changes in trade and natural systems in one part of the ...
For the rest of the decade and beyond, growth in the state may not come as easily as it once did. Texas went into the COVID-19 crisis a leader among states in economic growth and job creation. The ...
Economic Model Predictive Control (EMPC) represents an evolution of traditional control strategies, where the primary objective is to directly optimise an economic cost function rather than merely ...
LONDON - OCTOBER 07: In this photo illustration, a man looks at a graph representing the 12 month decline of the FTSE 100 share index on October 7, 2008 in London. Financial markets are still ...
The Trump administration made some bold claims about the 2017 Tax Cuts and Jobs Act, which slashed the corporate-tax rate. Larry Kudlow, the head of the former president’s National Economic Council, ...
We are at a turning point in human history, where we are seeing a confluence of many innovative and disruptive technologies that in conjunction, will bring about a tsunami of change. Disruptive ...
This article appears in the April 2023 issue of The American Prospect magazine. Subscribe here. Americans have been hammered for decades with an economic message that amounts to this: When wealthy ...
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