With the collapse of the Bretton Woods system in the early 1970s, the international monetary system entered the era of the ...

The study reports a sharp and consistent increase in publications on AI and sustainable economy topics since 2019, with the ...

The Lies We've Been Sold and the Policies That Can Save Us sets out her hope of living to the age of 100 years in good health ...

To this end, Canada as G7 presidency is launching the G7 GovAI Grand Challenge and will host a series of “Rapid Solution Labs ...

Explore insights on how corporations can mitigate externalities to foster a sustainable economy and contribute to global ...

There are endless examples of dangerously bad “solutions” across a wide range of policy areas. There’s missionary zeal among many economists today about using the externalities theory to ...

In 2020 also, Guillaume Vandenbroucke at the St. Louis Federal Reserve justified an “early social-distancing mandate” by citing the lack of “internalisation” of negative externalities.

Moreover, in addition to positive and negative externalities, some other reasons for market failure include a lack of public goods, under-provision of goods, overly harsh penalties, and monopolies.

It takes a reduced-form approach that spans a broad class of models where top earners create externalities on the economy. The model allows for a flexible relationship between top earnings and the ...

Negative and positive externalities. In the case of pollution—the traditional example of a negative externality—a polluter makes decisions based only on the direct cost of and profit opportunity from ...

When we multiply two negative numbers, the answer is always positive:-5 × -2 = 10. Negative numbers might seem mysterious in math problems. For many people, real-world negative numbers make more sense ...