Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...

This paper provides a theoretical model of how various aspects of the "buy local" movement influence social welfare and output across two regions. Market power considerations are also addressed where ...

Welfare economics examines the allocation of resources and its impact on individual and social well‐being. Rooted in classical notions of Pareto efficiency, the field has evolved to encompass a broad ...

Editor’s note: The next president is in for a rough welcome to the Oval Office given the list of immediate crises and slow-burning policy challenges, both foreign and domestic. What should Washington ...

This week marks the 20 th anniversary of welfare reform. Welfare reform broadly refers to the bipartisan Personal Responsibility and Work Opportunity Reconciliation Act (PRWORA) in 1996. Among other ...

Alden Abbott served as Deputy Director of Edwin Meese III Center for Legal and Judicial Studies at The Heritage Foundation. The U.S. government should promote regulatory reforms here and overseas ...

Cull cow marketing is rarely an all-or-nothing decision. The nuances of each operation should be discussed when deciding to ...

The introduction of subsidies into insurance rates constitutes a type of quasi-welfare payment but leaves open the question of whether social welfare is increased, decreased, or unchanged by the ...

Some House Republicans believe that Congress should cut Americans off government anti-poverty programs in part to help grow the national economy. “For us to achieve 3 percent GDP growth over the next ...

In one part of a rather ambitious article in the Journal of Economic Literature’s September issue, Norwegian economists Magne ...

EVERY JANUARY a curious migration occurs. Thousands of economists from around the world flock to a big American city for the annual meetings of the American Economic Association (AEA). The pandemic ...

Dog owners in Canberra, Australia must now walk their companions daily or face a $2,700 fine, due to a 2019 animal welfare law recognizing dogs as sentient beings. Does requiring the humane treatment ...