Today, on my way to the office in Patna, the capital of India’s poorest state, Bihar, a crowd by the service road caught my ...

Lower prices result in a cost squeeze that curbs ... "The First Laws in Economics and Indian Economic Thought – Thirukkural." JSTOR. "The Concept of the Just Price: Theory and Economic Policy." ...

This obscure economics concept shows a profitable path forward ... And that effectively lowers the cost of coal energy. You can now burn your furnace or run your factory's machines longer for ...

The global workforce isn’t being replaced by A.I.—it’s being reconfigured by it. In this incisive analysis, Michael Wade and Amit Joshi, co-authors of ‘GAIN: Demystifying GenAI’, join ...

Economics is a rewarding field for anyone interested in the cost of goods and services and who enjoys making ... “We make (economic) decisions based on the concept of scarcity: time scarcity, money ...

If accurate, DeepSeek’s profitability despite deep discounts would signal a sustainable low-cost AI model, potentially pressuring rivals to cut prices. Chinese AI startup DeepSeek has claimed ...

But how much would they cost if that actually happened? One analyst estimates iPhone prices would spike to $3,500. What's more, it would take fully three years to build up the supply chains to ...

Wolfers is a professor of economics and public policy at the University ... In other words, the total cost of a tariff isn’t just what comes out of your checking account. The time you spend ...