The morbidly rich are born to rule the rest of us.” And now, with a billionaire as president, 13 billionaires in his cabinet, ...

Discover what joint supply means in economics, how it results in multiple outputs, and see examples like livestock that yield both meat and hide.

Learn how prior probability informs economic theory and decision-making in Bayesian statistics. Understand its role before collecting new data.

In the case of EU disintegration, Central Europe could draw inspiration from ideas of the Balkan federation. The cooperation of the Baltic countries, Visegrad, and Ukraine could serve as a backup plan ...