Economics was a bystander to the Industrial Revolution and rather ruined the 20th century; it should understand that it is best conceived as a leisure activity.

Strong unit-level economics can paint a good picture for restaurant brands, but shouldn’t be the only consideration when calculating long-term success. This was the message from John Weiss, a senior ...

Regardless of who wins, places or shows in the Iowa caucuses tomorrow, this much is certain. The eventual Democratic nominee will confront two big challenges in the general election: how to unify and ...

If the franchisees aren’t profitable, nothing else matters. Unit-level economics—the revenue, costs and margins of each ...

Penn will reclassify economics as a STEM major after years of consideration, becoming the last Ivy League university to do so and easing the path for many international students to obtain an extended ...