Learn how the ratchet effect influences economic processes, consumer behavior, and market dynamics, with examples from political economy and business sectors.

A brother and sister were negotiating Christmas presents with their parents. The boy asked for five dollars per day for the 12-day holiday, prompting nods of approval. The girl asked for just 50 cents ...

It’s easy to dwell on the difficulty and pain of recovery from an eating disorder. But it’s important to attend to the beauty of it too. One of the forms of beauty involved in restoring yourself to ...

Bill Gates said, "We all need people who will give us feedback. That's how we improve.” Great leaders know positive feedback is essential to boost employee morale, productivity and engagement. So much ...

Risky feedback loops that are accelerating global climate change may not be fully accounted for in current climate models, according to a recent study published in the scientific journal One Earth. A ...