Economics
Putting a Price on the Harm: Pigouvian Tax
A Pigouvian tax charges an activity that harms others a tax equal to that harm, so market prices reflect the true social cost. Learn about externalities, how the tax corrects the m
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785 articles found
Economics
A Pigouvian tax charges an activity that harms others a tax equal to that harm, so market prices reflect the true social cost. Learn about externalities, how the tax corrects the m
Chemistry
Thermodynamics is an important discipline that explains the interaction between energy and matter. This article explores its key concepts, from basic theory to state and path funct
Business administration
In today's business environment, corporate sustainability is no longer optional but a necessity. Accordingly, ESG (environmental, social, and governance) management is emerging as
Psychology
The fundamental attribution error is the tendency to underestimate the situation and overestimate personality when explaining other people’s behavior. This piece covers Heider’s tw
Economics
Economic stabilization focuses on maintaining a sustainable growth path for a national economy while minimizing economic volatility. Quantitative easing (QE, Quantitative Easing) i
Earth science
Why does solid ground turn soft and flow like water during an earthquake? This article explains soil liquefaction, in which water-saturated sandy ground behaves like a liquid, cove
Earth science
Fog is a weather phenomenon frequently encountered in everyday life and an important factor that limits visibility and greatly affects transportation safety. In particular, fog can
Social welfare
A food bank is an organization and system that collects donated food that is still edible but hard to sell and distributes it to people struggling to get enough to eat and to welfa
Social welfare
Unemployment benefits are an important social safety net that provides financial stability when workers unexpectedly lose their jobs. Provided as part of the employment insurance s
Psychology
Psychological shock is an issue that significantly affects an individual's mental health and is a factor that cannot be ignored in everyday life. It usually occurs in situations in
General knowledge
Why can contact lists grow while deep ties stay few? Dunbar’s Number says humans can sustainably keep only so many stable relationships—often about 150—layered as roughly 5, 15, 50
Film & media
The rule of thirds is a composition principle that divides the frame into nine equal parts and places key subjects on the lines or where they meet. This article covers its basic pr