A tax wedge is the difference between before-tax and after-tax wages. It also refers to the market inefficiency that is created when a good is taxed.

Explore conditionality, its role in international aid, loan agreements, and public welfare, and understand its various types, applications, and potential criticisms.

Forbes contributors publish independent expert analyses and insights. Economics professor and wearer of many hats. Economics: it’s the study of human action and its unintended consequences, and I ...

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 ...

Behavioral economics combines elements of economics and psychology to understand how and why people behave the way they do in the real world. It differs from neoclassical economics, which assumes that ...

The new political economy, a recognized sub-discipline of economics, actually has several roots in economics and political science. The most recent approach to the origin of the new political economy ...