Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, ...
“Deadweight loss” is a term from economics that describes an overall economic or societal loss due to market inefficiencies. Imagine a situation where what buyers are willing to pay for a product ...
In his comment on my post responding to Sally Pipes’ original post on the relative costs of employment- and government-sponsored health insurance, fellow economist Chris Conover alerts us to the idea ...