Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, ...

“Deadweight loss” is a term from economics that describes an overall economic or societal loss due to market inefficiencies. Imagine a situation where what buyers are willing to pay for a product ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Erika Rasure is globally-recognized as a ...

If you haven't yet finished buying Christmas gifts for your nieces and nephews and the neighbor across the street, maybe you shouldn't bother. That's right, don't buy them gifts this year -- or ever; ...

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. After reading a new paper on income inequality, Tyler Cowen says this is a “scream it ...

Deadweight loss occurs when taxes disrupt the balance of supply and demand. To find deadweight loss, assess the change in consumer and producer surplus post-tax. Minimize taxation impact by ...