Discover the principles of economic justice, how it fosters equality, and explore actionable strategies to achieve fair ...

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 ...

Explore Murray N. Rothbard's influence as a libertarian economist, father of anarcho-capitalism, and advocate for Austrian ...

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 ...

Humans care about animals, and many would argue that animals are morally relevant. Many of our decisions profoundly affect the welfare of animals and yet welfare economics has not, up to this point, ...

How should tax systems be designed and how should expenditures be targeted to maximize welfare? Economics provides concepts and tools to analyze these questions, but in the real world, the design of ...