Understand the differences between external economies and diseconomies and how they impact industries. Learn about positive ...

My last column celebrated the bicentennial of the Erie Canal. This one goes deeper into the ways government action can create prosperity for all of us. This flies in the face of being fed a constant ...

A negative externality occurs when the production or consumption of a good or service generates a cost for someone who is not involved in the transaction. This cost is not reflected in the market ...

Before exploring the specific positive externalities of a college education, it's crucial to understand the concept of externalities itself. In economics, an externality occurs when the production or ...

To what extent does the digital world create a culture in which responsibility is denied or avoided, and what are the consequences of this failure to take ownership of a problem? Taking responsibility ...

Log-in to bookmark & organize content - it's free! Senator Sheldon Whitehouse (D-RI) addresses negative externalities with U.S. Trade Representative Jamieson Greer. Senator Sheldon Whitehouse (D-RI) ...

Improved self-esteem and motivation. Positive discipline encourages children through clear expectations combined with emotional support, fostering intrinsic motivation—so children act responsibly ...

We may receive a commission on purchases made from links. Every consumer battery that exists has little plus and minus signs on the outer labeling. These mark the ending and starting points for the ...

The urgency to address corporate externalities—environmental, social, and health-related spill‑over costs—is intensifying. Hidden costs from pollution, resource depletion, and poor labor practices ...

Log-in to bookmark & organize content - it's free! Economist Paramo Sanyal of the Brattle Group discusses the the Universal Service Fund, which subsidizes telephone service for low-income customers, ...

AUSTIN (KXAN) — Troughs play a crucial role in shaping storms and delivering all types of precipitation. A trough is an elongated area of low pressure that can stretch for hundreds of miles. When ...