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 ...

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; ...

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 ...

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 ...