Learn how changes in income impact satisfaction and understand the principles behind the marginal utility of income in modern economies.

Discover the Diamond-Water Paradox—why diamonds cost more than water. Learn about subjective value and marginal utility in economic valuation.

It’s not just eggs—all the basics we need to live our lives are getting more expensive, including the energy we use to run our appliances, heat our homes, and do just about everything else. The ...

A grass-roots coalition is trying to push New York State to use eminent domain to buy out Central Hudson Gas & Electric and replace it with a public authority. By Grace Ashford Everyone complains ...