My use of the term “abject failure” to describe the Affordable Care Act in last week’s column irritated a number of people, many of whom were anxious to tell me. Notwithstanding some nasty emails, the ...

We review the “production approach” to estimating markups—the ratio of price to marginal cost. Paired with increasingly rich ...

In college, I remember taking two separate courses: micro and macroeconomics. While neither of them sparked my desire to become a mathematician, they did demonstrate the collegiate version of ...

Editor’s note: Dr. Mike Walden is a William Neal Reynolds Distinguished Professor Emeritus at North Carolina State University and is a regular contributor to WRAL TechWire. RALEIGH – Every time there ...