How do auctions shape economies, markets, and decision-making? In 1996, William Vickrey won the Nobel Prize in Economics for his groundbreaking work on auction theory, revolutionizing how goods, ...

Twenty years ago, something happened when Pablo Peña sat in Prof. Gary Becker’s doctoral-level course at the University of Chicago. As the economist lectured on human capital theory, a concept he’d ...

He overturned the traditional approach to buying stocks by examining the relationship between risk and reward. By Robert D. Hershey Jr. Harry M. Markowitz, an economist who launched a revolution in ...

Claudia Winkleman, a television presenter with a helmet of shiny hair, is not a typical economics teacher. Yet students should consider her game show. Those learning outside Britain may opt for any of ...