Today, however, there is a stronger emphasis on “doing well while doing good” and the nonprofit sector pays greater attention to basic economic theory and business skills. This shift does not mean ...

This post examines the relevant economic theory. Part 2 will look at the evidence ... who contributed recently to a recent discussion of basic income proposals on Cato Unbound.

Just how important is money? Few would deny that it plays a key role in the economy.­ During the Great Depression of the 1930s, existing economic theory was unable either to explain the causes of the ...

It is in cases like this that economists turn to econometrics. Econometrics uses economic theory, mathematics, and statistical inference to quantify economic phenomena. In other words, it turns ...

In Part 1 of this series, I outlined some basic economic theory regarding a universal basic income (UBI) and work incentives. By a UBI, I mean an income support policy that provides a set monthly ...

offers a simplified conceptual model of economic behaviour, and a study of that theory can do much to throw light on certain basic concepts of economics, for example, that of utility.

T he first part of this story situated India’s informal sector firms in the country’s larger economy, described their basic ...