Most economists subscribe to a belief in “positive economics,” which means that economic theory flows from economic data. Thus, all theory can be tested for ...
We conclude our season of insights from Nobel laureates in economics whose expertise informs UBS’s approach to answering complex questions. 2016 winner Bengt Holmström reflects on crafting economic ...
The global economy needs strong institutions and coordinated international action. Concerted international efforts, with adequate representation from developing countries, are required to accelerate ...
The need for drastic change in the economics discipline has never been so urgent. Humanity faces existential crises, with planetary health and environmental challenges becoming major concerns. The ...
After taking Advanced Placement (AP) environmental science in high school — and loving it — Emma Aucker, now a senior environmental and resource economics (ENRE) major at the University of Delaware, ...
Earlier this week I had the great fortune of participating in a Santa Fe Institute workshop on The Calculated Economy in the Era of Machine Learning. The workshop’s broad frame was exploring how AI ...
Economic freedom is a vital component of a prosperous society. Defined as the ability to make economic decisions without undue government influence, people in free societies can work, transact, and ...