Learn how externalities impact economics, with examples of positive and negative outcomes, and explore solutions like taxes, ...

Economic development is important to many communities to increase jobs and long-term revenue growth. Local governments can encourage economic development and growth through a variety of tools, such as ...

Learn why Giffen goods defy normal demand rules; see how bread and rice demand rise with price in this economic phenomenon.

Ameyavikram Pathak is Chief Executive Officer of investment management firm AVP Holdings and member of the Finance Committee of the Princeton Foundation for Peace and Learning. Armen Baibourtian is ...