Understanding True Cost Economics and Its Impact on Prices

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

External Economies vs. Diseconomies: Key Differences Explained

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

Time-consistent immigration policy under economic and cultural externalities

Discussions of immigration policy are typically framed in the context of their economic effects in receiving countries, notably labour market and fiscal effects. In this paper, we characterize ...
Wall Street Journal

Enlightened Economics Weighs Externalities

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 ...
JSTOR Daily

Developing business ethics theory and integrating economic analysis into business ethics teaching – a conceptualization based on externalities and diminishing marginal utility

Contrary to understandings that treat ethical considerations and economic thinking as separate if not antagonistic issues, we advocate a holistic view that links business ethics to consequentialist ...