Governments gently cajoling people towards better life choices is only one side of the nudge theory.
His work on behavioural economics helps us better understand why people make bad financial decisions.
Taking a look at the likely contenders for the Memorial Prize in Economics gives us an idea of where economics is and where it is headed.
It's better for the economy for more people to be married because of productivity and efficiency gains. This whole framework doesn't require people to be of the same or different sex.
Despite its name, cryptocurrency isn't just money. It could also be debt or equity and so it should be regulated and taxed in the same way as other finance.
Historically, there have been numerous cultural manifestations of austerity that shed light on its enduring appeal.
Too many economists have refused to take seriously the idea that Brexit could economically benefit the UK.
There is more to bike-share schemes than first meets the eye. As they grow in global popularity, the economic models behind them become increasingly diversified.
To get them back, Economics 101 courses need to address real problems.
The craze for measurement has become a hallmark of local and national public policy. Exploring the limits of quantification allows us to understand the advantages of developing alternative indicators.
Researchers examined credit data on the victims of Hurricane Katrina to understand how the disaster affected their personal finances, revealing important lessons for those hurt by Harvey.
The sentiment of business leaders has remained positive and improved over the past 12 months according to our analysis.
Inequality was the hot button issue at the triennial meeting of the world's top economists.
The Reserve Bank of Australia is stuck, according to the economic evidence, it has to raise rates but it also should cut.
The baby bonus did its job, encouraging people to have more children at a time when fertility rates were low.
Most law schools frown upon their students questioning how laws were originally conceived. But a Canadian law school once argued convincingly that law should be taught as a social science.
Inequality actually restricts people from earning more, educating themselves and becoming entrepreneurs.
New research released today by the Grattan Institute shows that income growth and unemployment rates are not obviously worse in regional areas.
Depending on where you live, having a disability can cost thousands of additional dollars per year. Government programs often don't account for that.
The economics of the money-back guarantee can work in retailers' favour, in certain circumstances.