Discover the Diamond-Water Paradox—why diamonds cost more than water. Learn about subjective value and marginal utility in economic valuation.

Learn the key differences between marginal utility and marginal value, how they impact decision-making, and why understanding both is crucial for economic analysis.

JACKSONVILLE, Fla. — The JEA board of directors says it’s time to hit the “restart button” on some of the topics making headlines. In a workshop with city council members, leaders from the public ...