Wittgenstein, a passionate reader of detective stories, famously said that “more wisdom is contained in the best crime fiction than in conventional philosophical essays.” Marshall Jevons’ The Mystery ...

Reviewed Works: Basic Principles of Economics and Their Significance for Public Policy Harry Gunnison BrownA Postscript and Questions, Being Volume II of Basic Principles of Economics Harry Gunnison ...

Incentives do matter, and to suggest otherwise is to betray basic principles of economics. In the 1980s, the inventive rock band Devo put forward the theory that mankind was experiencing de-evolution ...

I’m technically on vacation, but the wife and kids are watching Chicken Little up in the hotel room right now, so I’m going to sneak in here for a quick post. Ted Gayer — senior fellow and co-director ...

A recent story on National Public Radio ( link) gives an overview of a subfield of economics called behavioral economics. Behavioral economics incorporates elements of psychology into economic theory.

AU-commissioned report shows a credit rating system that is stacked against developing nations. The report revives debate over fairness and transparency of the credit rating system. Susan Kibue: Kenya ...