Author : The Conversation

Ken Wolter / Shutterstock.com In a recent article titled “The Social Cost of Dishonesty,” we showed how imperfect markets – for example, where some parties have more information than...

It is too easy to think China’s economy is in a downward spiral, given recent headlines in the US press, from “China’s Middle-Class Dreams in Peril” to “Is China...

With its long history of feudal oppression, industrial workhouses, and dire slums, England is no stranger to deprivation. Even today, we are all too familiar with phenomena like “beds...

The two biggest beer producers in the world are set to merge after SABMiller accepted Anheuser-Busch InBev’s US$104 billion offer. The deal will create a brewer selling one in...

The Chancellor of the Exchequer, George Osborne, has recently been waving huge wads of cash at different (but similarly delinquent) parts of UK nuclear policy. In August, he sailed...

On Monday in the staff common rooms of economics departments throughout the world, I doubt anyone was complaining about the award of this year’s Nobel Prize for economics to...

Sometimes boring debates are important. Mind numbing detail gets in the way of good policy. Therefore, it is with an obscure feature of credit cards known as “interchange fees.”...

Ever since Nigeria started harvesting its petroleum endowment, its economy’s umbilical cord firmly ties to the volatility of this commodity’s price. About 65% to 70% of annual government expenditure...

Clothing brand Patagonia gives 1% of its sales “to support environmental organisations around the world.” Carpet-maker Interface takes an “aggressive approach” to reach its goal to source 100% of...

Corporate tax policy says more about power than anything else does. Corporations seek to minimise the tax they pay – and, while governments ordinarily try to maximise their revenues,...