Positive economics is a fact-based analysis of what is occurring in an economy, without making prescriptions of what should or should not be happening.

Scholarly journals have published hundreds of articles about urban economies. The questions are always the same: Why do some cities grow faster than others? Why do some generate more wealth? Why do ...

The discounting concept is widely used in economics and psychology. When referring to economics, the principle defines a value that will be received in the future, based on present financial terms. It ...

Forbes contributors publish independent expert analyses and insights. I share tips about launching, validating and growing startups. When it comes to concepts from economics useful to startup founders ...

Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five years. He also writes and edits personal finance content, with a focus on ...