This paper characterizes the optimal taxation of top earners in a world with externalities. It takes a reduced-form approach that spans a broad class of models where top earners create externalities ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. David Kindness is a Certified Public ...

To what extent does the digital world create a culture in which responsibility is denied or avoided, and what are the consequences of this failure to take ownership of a problem? Taking responsibility ...

The urgency to address corporate externalities—environmental, social, and health-related spill‑over costs—is intensifying. Hidden costs from pollution, resource depletion, and poor labor practices ...

Abstract: We revisit the literature on the “paradox of knowledge externalities,” which encompasses two conflicting views regarding a firm’s innovation collaboration and spillover prevention. Drawing ...

Log-in to bookmark & organize content - it's free! Economist Paramo Sanyal of the Brattle Group discusses the the Universal Service Fund, which subsidizes telephone service for low-income customers, ...

Log-in to bookmark & organize content - it's free! The Senate Environment and Public Works Committee on Chemical Safety and Waste Management convened the hearing on plastic production and pollution.

Introductory-level economics uses supply and demand curves to identify the "ideal" price for a product, service or other economic activity. In Econ 101, these curves assume that the economy is working ...

The arrest and subsequent indictment of Pavel Durov in connection with the use of his Telegram platform by criminal organizations has rekindled the debate regarding the dangers of social media, ...