Most economic externalities can be efficiently solved through a system of private property rights, in which costs and benefits can be negotiated.

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 ...

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 ...

Covid-19 and its collateral damage continue to leave a trail of devastation around the world. Millions of businesses have closed, with many having no realistic prospect of reopening. Millions of ...

Externalities or spillovers are more common examples of market failure that may warrant the government intervention. Externalities are effects on third parities that are not transmitted through the ...

Covid-19 and its collateral damage continue to leave a trail of devastation around the world. Millions of businesses have closed, with many having no realistic prospect of reopening. Millions of ...

COVID-19 and its collateral damage continue to leave a trail of devastation around the world. Millions of businesses have closed, with many having no realistic prospect of reopening. Millions of ...

The economic doctrine of “externalities” has become an excuse for governments to intervene economically in heavy-handed ways, all in the name of “saving” the ...

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 ...