Austrian economists differ with the economic mainstream in many ways, but the break on utility theory is especially critical ...

William Baumol writes in "Economics: Principles and Policy" that the total monetary utility of a collection of goods to a consumer is equal to the largest amount of money the consumer will pay in ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance ...

Learn how automation is transforming utilities into data-driven powerhouses in our conversation with Al Eliasen.