Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Kenneth Arrow, who has just passed away, was a giant in economics. His contributions started nearly 70 years ...

Explore John R. Hicks' impact on economics, including his Nobel-winning work in general equilibrium and welfare theory, and his contributions to microeconomics.

A dynamic equilibrium is formed in a reversible reaction when the rates of the forward and reverse reaction are equal and the amounts of the reactants and the products remains constant. In this ...