This obscure economics concept shows a profitable path forward even though our competitors are drastically undercutting us. Look, here's Wikipedia and a story about 19th-century coal.

Harvard University's Claudia Goldin has won the 2023 Nobel Prize in Economics for her research on women in the labor market. She studies the causes of the persistent pay gap between men and women.

Understanding Neoclassical Economics . Neoclassical economics emerged as a theory in the 1900s. Neoclassical economists believe that a consumer's first concern is to maximize personal satisfaction ...

Three economists were awarded the Nobel Prize Monday for their research into how the nature of institutions helps explain why some countries become rich and others remain poor.

The Development Economics Vice Presidency (DEC) is the premier research and data arm of the World Bank. DEC increases understanding of development policies and programs by providing intellectual ...

W hen the economics department at the Massachusetts Institute of Technology issues a statement, it is often to celebrate a Nobel Prize. In the past decade, six of its professors have won the award ...

The Nobel Memorial Prize in Economic Sciences was awarded on Monday to Claudia Goldin, a Harvard professor, for advancing the world’s understanding of women’s progress in the work force.

Nobel Economics Prize Shared Among Three Daron Acemoglu, Simon Johnson and James Robinson received the prize for their work on explaining inequality between countries.