Incentives do matter, and to suggest otherwise is to betray basic principles of economics. In the 1980s, the inventive rock band Devo put forward the theory that mankind was experiencing de-evolution ...

As it prepares to return to the courtroom in an effort to undo the $85.4 billion merger of AT&T and Time Warner, the Department of Justice today outlined its strategy for its appeal of a federal judge ...

The laws of economics can be frustratingly inconvenient, especially in Washington. To many lawmakers, the fundamental principles of economics are neither fundamental nor even principles: They are ...

Arthur Laffer is best known as the economist who invented the Laffer Curve, a diagram that shows how an optimal tax rate can maximize revenues without discouraging people from working. So I was ...

The U.S. Department of Justice today filed an appeal with the District of Columbia Appeals Court protesting the June ruling that allowed the merger between AT&T and Time Warner to move forward, ...

This week I spoke with the innovation leaders at a major biopharmaceutical firm. They were lamenting that challenges of designing an innovation program seemed overwhelming. No matter what they did, ...

The Justice Department claimed federal judge Richard Leon ruled in favor of AT&T’s $85 billion acquisition of Time Warner on June 12 “only by erroneously ignoring fundamental principles of economics ...

Concerns are emerging over whether Kenya may have short-changed itself in negotiating a deal with Gulf Energy, the firm now expected to move the Lokichar oil fields in Turkana County. A spat between a ...

It has been said “In God we trust, everyone else needs data.” Unfortunately for economic policy, the necessary data rarely exists. Both sides in a debate over what should be done about a particular ...