The normative economic consensus underpinning the world order is undergoing a seismic shift, with the United States and China locked into a great-power conflict, and carving out new geo-economic ...

As a follow up to my post below I want to return to a more technical point but one which is critical to understand as the baseline for any discussion about social media and “platforms.” “Network ...

Jostein Hauge does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

Supply-side economics focuses on aggregate supply fueling economic growth. Supply-side economics (also called trickle-down economics and Reaganomics) is a macroeconomic theory that focuses on ...

Keynesian economics is a theory whose premise is that aggregate demand is a primary driver of the economy and employment. Keynesian economics is an economic theory, and the basic premise is that ...

It is easy to be cynical about global summits like the Group of Seven (G7) leaders’ gathering in Hiroshima earlier this month, especially when they involve a parade of photo ops, 40-page communiqués, ...

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Robert Kelly is managing director of XTS Energy LLC, ...

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, ...

ABSTRACT: The normative theory of economic evaluation and its welfare theoretic basis are deeply problematical and result in recommendations which are potentially unfair. The root cause of the problem ...

Lohan at Maxim’s Hot 100 party.Photo: Getty Images We have a vague memory of a professor in an undergrad media-theory course lecturing us one day on what he called the normative definition of news.