Learn how to evaluate an asset's economic life, understand key factors affecting it, and how it differs from depreciation to make informed financial decisions.

From 1850 to 2020, industrialized economies went from roughly $3,000 per capita to $40,000 per capita, inflation adjusted. This was also a period of expanding economic freedom, as documented in the ...

An economic derivative is a financial contract where payouts depend on future economic indicators. It helps manage risk and speculate on economic forecasts.

Traditional economies go all the way back to Stone Age man, and they still operate, and even thrive, across the globe today. At first glance, the term “traditional economy” would appear to mean the ...

A Beckley Common Council workshop on Tuesday sparked a debate on the definition of economic development and how it relates to the more than 100-acre Pinecrest Business and Technology Park property in ...

The phrase “economic sustainability” is frequently used by farm subsidy advocates to justify wasteful expenditures on agricultural programs. However, in an agricultural context, the exact meaning of ...

In a lengthy op-ed for the Sunday New York Times meant to reveal all that’s wrong with today’s economy, David Stockman, while occasionally very right, succeeded most in showing how little the economy ...

The White House recently laid out why two quarters of negative growth doesn't always signal a recession. Yet a growing number of voices has accused the administration of changing the definition of a ...

Steven Friedman does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...