A SUMMARY of economic models' best and worst features: • The American model. Good points: flexible labour and product markets; low taxes; fierce competition; and shareholder capitalism, which ...

Maybe China’s model does not pose a challenge. Rather, it may be in harmony with the free-market-based paradigm of neo-classical economics.

Using insights from the 'socio-economics of labour markets' and building upon critical realist meta-theory, this paper offers the first sketch of a socio-economic model of labour markets as an ...

Oxford Economic Papers is a quarterly journal publishing papers in a wide range of areas in theoretical and applied economics. In addition it regularly publishes special issues covering topics such as ...

Explore how imperfect markets differ from perfect competition, their characteristics, and their impact on economics, including different market structures like monopolies and oligopolies.

A close examination of current economic indicators suggests that while the market may endure further fluctuations, strategic and disciplined approaches can help investors navigate the uncertainty.

US stocks have defied skeptics and rallied this year in the face of bank collapses, continuous fears of a recession and what’s expected to be the gloomiest stretch for corporate profits in years.

An analysis of energy markets with prices that vary according to demand finds that this market design unexpectedly serves to amplify, rather than dampen, fluctuations in power use.

Economic models often give people credit for being what may seem at a glance an unexceptional thing: fully rational beings pursuing our own self-interest. But as psychologists, such as 2002 Nobel ...

Twenty-three Nobel laureates in economics warned two weeks ago that Donald Trump’s economic agenda would be disastrous for the U.S. Immediately after Mr. Trump’s landslide victory, financial ...