The report warns many economic models are failing to capture extreme weather events and rising uncertainty likely to dominate ...

Economic models used by governments, central banks and investors are increasingly understating physical climate risk because ...

Researchers say governments and financial institutions underestimating threat because they rely on models that assume climate ...

Marx never made claims about economic theories as science. He pointed out the mechanisms of capitalism and that some of the negative effects of capitalism were inevitable due to the way capitalism ...

Climate change is a major economic threat. With a new model, economist Andrea Titton shows how climate disasters can disrupt supply chains, how climate tipping points may cost trillions each year, and ...

Forbes contributors publish independent expert analyses and insights. Quantitative Finance Program Director, at Stevens Inst. of Technology This is not a new diagnosis. There is today a hapless ...

Central banks use macroeconomic models to help frame the issues that they face, to mold their ideas, and to guide them in their decisionmaking. While a wide range of models are available, economists ...

From a traditional economics viewpoint, the US issue isn't deficit spending when the economy is doing poorly, but that the budget is never balanced, and deficit spending is rampant even when it's ...