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Many workers are "quiet quitting" today, meaning they perform the bare minimum at work but refuse to leave the job.

The Economics of Quiet Quitting: Labor Supply Meets Workplace Incentives

In recent years, the phenomenon of "quiet quitting" has risen among younger Millenial and Gen Z workers. They don't leave dissatisfying jobs, but instead resort to doing the bare minimum. What has happened, and why?...
4 min read
Price floor
Definitions

Price floor

Saddique Ansari • January 29, 2020 • 1 min read

Author bio

Price floor – definition

A price floor sets a price level below which price cannot fall – intervention buying might be required to prevent a price from falling through its floor level.

price floor diagram


  • Also see price ceilings



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Price ceiling

Are influencers and short-form social media feeds destroying our attention spans from our constant desire for entertainment?

The Attention Economy and Cognitive Scarcity

We can't pay attention to everything, so sellers will pay good money to win our attention to their advertisements. This has led to the rise of social media influencers, who are paid to draw our attention. Has this led to economic harms from our eroding attention spans?...
4 min read

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