Explore true cost economics, an approach that includes external costs like pollution in pricing, ensuring a more accurate ...

Externalities are the incidental effects that the activities or actions of one party have on another party. Positive externalities occur when the actions of a person or entity have a positive impact ...

Understand the differences between external economies and diseconomies and how they impact industries. Learn about positive ...

Mark Bittman has a piece in the New York Times where he analyzes the "true cost" of hamburgers. There are some things right with the piece and some things wrong. In general, thinking about the costs ...

Introductory-level economics uses supply and demand curves to identify the "ideal" price for a product, service or other economic activity. In Econ 101, these curves assume that the economy is working ...

Wine growers everywhere fear spring frosts. New vine buds emerge in the spring and are highly susceptible to freezing temperatures which can kill them and result in significant crop loss for the year.

The urgency to address corporate externalities—environmental, social, and health-related spill‑over costs—is intensifying. Hidden costs from pollution, resource depletion, and poor labor practices ...

THE logic behind congestion pricing—tolling roads to maintain free-flowing traffic conditions—is pretty straightforward. When a driver enters a road space, he receives some benefit (the mobility ...

Sounil is the CISO of JupiterOne and creator of the Cyber Defense Matrix and DIE Triad, which are reshaping how we approach cybersecurity. Digital transformation has created tremendous growth in the ...

Phil Gramm and Michael Solon’s “Enemies of the Economic Enlightenment” (op-ed, April 16) seems intended to vilify the efforts of reformers seeking to change priorities and cultures within corporations ...