Steady-state economics is a branch of economic thinking which applies the perspectives of steady-state systems developed in thermodynamic physics to economic analysis. This direction in economics is largely associated with the work of Herman Daly,...

The steady-state is a condition of the economy in which output per worker (productivity of labour) and capital per worker (capital intensity) do not change over time. This is due to the rate of new capital production from invested savings exactly...

THIS article introduces a set of macroeconomic accounts that relate production, income and saving, capital formation, financial transactions, and asset revaluations to changes in net worth between balance sheets for major sectors of the U.S. economy. These new accounts should help economists gain...

A major battle continues to brew among Massachusetts Republicans over who will lead the party in the next election, acting Governor Paul Cellucci or state Treasurer Joe Malone. The Boston Globe's Charles Stein, who puts as much news in the paper as any...

Shares of Las Vegas Sands Corp. surged to a fresh 52-week high Monday as two analysts lifted their price targets on continued optimism about the Venetian Macao Hotel Resort's success.The $2.4 billion Venetian Macao opened late last month, and has been widely cheered by analysts...

Free-trade policies making it easier for U.S. companies to sell their products around the globe are an important ingredient to the economy's vitality, President Bush said Monday as he projected another year of good _ though somewhat slower _ economic growth.Bush, in his annual economic...