November 15, 2022
When we look at the world's carbon taxes, as economists we can think of Arthur Pigou and correcting market failure.
When we look at the world's carbon taxes, as economists we can think of Arthur Pigou and correcting market failure.
A Mississippi River slowdown has created massive supply chain disruptions that have rippled far beyond the river.
Explained by Alfred Marshall and evident at restaurant buffet tables, the idea of diminishing marginal utility shows how marginal analysis is valuable.