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Could sophisticated AI software quickly determine the maximum you would pay for any item, and charge you accordingly?

Surge Pricing in the Age of AI: Fairness or Exploitation?

Some people fear that one of the many changes coming with AI is rampant price discrimination, where algorithms analyze each consumer and charge him or her the maximum price that he or she would be willing to pay. What could happen to society?...
4 min read
Glowing digital signage at night
Business economics Behavioural economics

Creative Destruction and the Rise of Physical-Digital Advertising: How Innovation is Shifting Back to the Real World

Published on March 01, 2025

The Economic Impact of Internet Infrastructure: How Connectivity Drives Growth in the UK

The Economic Impact of Internet Infrastructure: How Connectivity Drives Growth in the UK

Published on February 22, 2025

White, green and red pixel lights showing VXX market price.
Behavioural economics Managing the economy

The Principle of Market Competition: Retail Investors Venturing into Complex Trading Sectors

Published on February 04, 2025

A photograph of a bust of Karl Marx
Managing the economy

Historical Materialism and the Misjudgment of Capitalism in the 19th Century

Published on January 18, 2025

Photograph of African mine
Competitive markets Managing the economy Factors of production

The Resource Curse and Institutional Failure: Economic Rent-Seeking and Development Challenges in Africa

Published on January 12, 2025

A photograph of a port with cargo containers.
Managing the economy

Consumer Surplus and the Economics of Parallel Importation

Published on January 10, 2025

Photograph of a city by the ocean, with various ships traversing the water in front of it.
Global economics

Global Trade in the Age of Deglobalization - Is the World Turning Inward?

Published on January 07, 2025

Picture of a shopping center at night.
Behavioural economics

The Behavioral Economics of Everyday Choices: Why We Spend, Save, and Splurge

Published on January 07, 2025

Image of a crowd of students graduating, standing in their graduation gowns.
Managing the economy Market Failure

Tuition and Administrative Bloat: Examining the Economic Principle of Cost Disease

Published on January 01, 2025

Man sitting on a scooter looking at his phone
Behavioural economics Business economics Competitive markets

The Gig Economy Revolution: Freedom or Precarity?

Published on December 29, 2024

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A sign signaling the pick-up location for ride share drivers, who are a major component of the gig economy.

The Gig Worker’s Dilemma: Flexibility vs. Stability

Many people find the idea of working whatever hours they choose to be appealing. Essentially, they get to be their own boss! However, unwary workers may quickly discover some disadvantages of being part of the gig economy. Why might they struggle?...
5 min read

Recent Post

Today's digital era can result in subscription fatigue as consumers try to mentally budget their many digital subscriptions.
The Subscription Fatigue Paradox: When Too Many “Small” Payments Hurt Growth
September 17, 2025
Polluting firms can purchase carbon offsets (also known as carbon credits) to reduce their environmental impact. Does it work?
Carbon Offsets and the Market for Guilt Reduction
September 17, 2025
International Money Transfers: Reducing Transaction Costs and Enhancing Efficiency
International Money Transfers: Reducing Transaction Costs and Enhancing Efficiency
September 16, 2025

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