The winners of the 2025 Nobel Prize in Economics underscore how innovation and openness fuel progress—offering lessons for ...
On Monday, the winners of the prize were announced — and much of their work is salient at a time when AI threatens disruption to economies.
Every Nobel Prize in Economics tells a story about how we understand prosperity. This year’s winners — Joel Mokyr, Philippe ...
One beauty of economics — the study of how human beings use scarce resources — is that its basic principles apply to life even if money is not involved. Opportunity cost, externalities, sunk costs, ...
India must learn the art of building legal, regulatory and social frameworks that make creative destruction an engine of ...