Large metropolitan areas in central and western China are powering ahead, but will the benefits of their growth spill over?

We review the “production approach” to estimating markups—the ratio of price to marginal cost. Paired with increasingly rich ...

Capitalism is often thought of as an economic system in which private actors own and control property in accord with their interests, and demand and supply freely set prices in markets in a way that ...

Exercise and digestion can have profound impacts on the body. Ricardo Da Costa experienced that first hand. His first job out of high school in the 1990s in Portugal was as a professional ...