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Economics is the analytical study of the costs and benefits of producing, distributing, and consuming goods and services. This tag should not be used for personal finance questions, nor for most questions about expensive items, e.g. exorbitantly priced houses, autos, jewelry. It can be used for current events, and in historical contexts.

4 votes
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Does corporate lobbying provide benefits to those funding it?

According to the research paper referenced in the linked Bloomberg article, lobbying does benefit companies in certain circumstances. The overall results of the research is that on average companies r …
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44 votes

Is "Earth Overshoot Day" a useful or reliable metric of humanity's effect on the world?

Yes, the 'ecological footprint' can be useful in suggesting areas where humanity has unsustainable practices which need to be improved. However, the footprint is usually presented in a very misleadi …
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15 votes
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Did the USA increase oil imports from Russia after the Ukraine invasion?

While it's true that US oil imports from Russia increased in recent weeks they are lower than they were before the invasion, and by the end of April a complete prohibition will go into effect. The min …
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