Early in his second term, President Trump is struggling to deliver on his campaign trail promises to invigorate the U.S. economy.

Is there a trade-off between the two or do they go hand in hand? IN his influential 1975 book Equality and Efficiency: The Big Tradeoff, Arthur Okun argued that pursuing equality can reduce efficiency ...

Improving fuel efficiency comes at a price ... create jobs as perfectly usable capital is rendered obsolete not by economic or technological changes but by political fiat, etc.

Infrastructure and Transaction Costs The economic efficiency of dollar-based transactions represents another barrier to BRICS currency adoption. Decades of infrastructure development have created ...

The minister also stressed the need for the private sector to take a leadership role in the country's economic stability and growth. He mentioned that consultations with the business community and ...

AndreyPopov/Getty Images Specialization and economies of scale are two related economic concepts. Specialization involves focusing on a particular area of expertise to increase efficiency and ...