Accounting is the language of finance, giving managers and investors a standardized system to present the finances of a company in a way that is transparent, consistent, and informative. All of the ...

Egan, Mark, and Tomas J. Philipson. "Non-Adherence in Health Care: A Positive and Normative Analysis." NBER Working Paper Series, No. 20330, July 2014. (Previously titled, "Health Care Adherence and ...

Via Mark Thoma, Dan Little writes about a new volume from Vivian Walsh and Hilary Putnam titled The End of Value-Free Economics. That is all, I think, true and important. But it’s also important to ...

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Robert Kelly is managing director of XTS Energy LLC, ...

Just about the most difficult lesson for first-year economics students, and sometimes graduate students, is that economic theory, and for that matter any scientific theory, is positive or ...

That people may "irrationally" frame events from reference points has numerous implications for the positive and normative analysis of law. Take, for example, the legal definition of the rights of ...