Learn about Say's Law of Markets, how production drives economic demand, implications for growth and policy, and its ...
The economy's supply side first gained attention when Adam Smith published "Wealth of Nations" in 1776. The supply side handles mobilization of resources to supply goods and services. The theory ...
Joel Mokyr, Philippe Aghion and Peter Howitt explain how knowledge and freedom combine to produce prosperity.
The award went to three researchers from the United States, Canada and France for explaining how technological progress leads ...
This is a preview. Log in through your library . Abstract The Kyoto Protocol allows emissions trading between the Annex B countries. We consider three schemes of emissions trading: government trading, ...
Vol. 150, No. 1, Symposium on The New Institutional Economics Bounded Rationality and the Analysis of State and Society (March 1994), pp. 1-10 (12 pages) The Mohr Siebeck Publishing Company, ...
One of the most striking things about attending the annual meeting of the American Economic Association1452111362362 after a long absence is that economics is now really all about the data. Older ...
Howitt, a professor emeritus of economics who joined the Brown faculty in 2000, was awarded “for the theory of sustained ...
Editor’s Note: Michael Chwe studies game theory — as he says, “the mathematical analysis of strategic thinking.” In particular, he’s interested in how game theory shapes everyday life, as well as what ...