The Trump administration is fundamentally transforming the relationship between the private sector and the U.S. government.

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Digitalization is transforming everything, and as a part of this, the technology-driven ...

Economists develop economic models to explain consistently recurring relationships. Their models link one or more economic variables to other economic variables (see “Economic Models,” p. 8). For ...

In April, Alphabet CEO Sundar Pichai predicted that artificial intelligence would have an impact “more profound” than any other human innovation, from fire to electricity. While it is impossible to ...

Both physical and economic phenomena may possess universal features that could be uncovered using the tools of physics. The principal difference is that in economic systems -- unlike physical ones -- ...

The 2016 presidential contest will be decided, in part, on what economic model best promotes economic vitality and growth of well-paying jobs. There are two basic sides to this debate: a ...

Technological progress isn’t inevitable. History is replete with examples of resistance. It wasn’t just the Luddites. For example: Queen Elizabeth I famously refused to grant William Lee a patent for ...

The field of economic models and forecasting encompasses the development and application of theoretical, empirical and computational frameworks to predict future economic outcomes. These models range ...

Mr. Bookstaber is the author of “A Demon of Our Own Design,” which in 2007 warned of the coming financial crisis. Our economy today has been described variously as “weird,” “really weird” and “very, ...

CLIMATE CHANGE is many problems in one. Developing and deploying zero-carbon technologies is a formidable challenge. So is the politics of co-ordinating disparate groups to achieve the necessary ...

Update (3/15/24): This piece has been updated with more recent examples. After President Joe Biden called for an end to “trickle-down economics” and promoted a vision of the U.S. in which the wealthy ...