Reviewed by Thomas J. CatalanoFact checked by Michael RosenstonReviewed by Thomas J. CatalanoFact checked by Michael ...

An economics professor offers a counterargument to the marginal-utility case for progressive taxation.

Economica is an international journal devoted to research in all branches of economics. Theoretical and empirical articles are published from all parts of the international research community.

It declares that “value depends entirely on utility,” and that the kind of utility, which is all-important in determining value, is “marginal utility.” ...

Marginal analysis was the heart of early Austrian economics and was quickly adopted into mainstream economics. Amazingly, many people in business forget all about it on the job. Yet marginal ...

Norbert Hirschauer, Antje Jantsch, Oliver Musshoff, Developing business ethics theory and integrating economic analysis into business ethics teaching – a conceptualization based on externalities and ...