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Consignment stores and online clothing resale sites are part of circular markets for used goods.

The Resale Economy: From Fast Fashion to Circular Markets

Many young consumers are beginning to look at circular markets for gently used clothing instead of relying on mass-produced, disposable "fast fashion." What are the economic incentives behind using circular markets to buy secondhand goods?...
5 min read
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Managing the economy

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

Published on January 18, 2025

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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

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Global economics

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

Published on January 07, 2025

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Behavioural economics

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

Published on January 07, 2025

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Managing the economy Market Failure

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

Published on January 01, 2025

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Behavioural economics Business economics Competitive markets

The Gig Economy Revolution: Freedom or Precarity?

Published on December 29, 2024

Mosque with tall minarets and domes under a cloudy sky.
Managing the economy

Economic Diversification and the Reincarnation of Saudi Arabia

Published on December 01, 2024

Glowing fingerprint displayed on a circular scanner.

Passkeys: The Future of Secure Financial Transactions in a Digital Economy

Published on November 17, 2024

A hand holding rolled dollar bills with a blurred background of trees.
Behavioural economics

Why Americans Are Living Paycheck to Paycheck: The Financial Reality Behind Low Savings

Published on November 16, 2024

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A suited man with a bag on his head labeled "TAX" points towards the viewer against a mint green background.

7 Common Tax Mistakes That American Expats Make and How to Avoid Them

Just because you move to another country doesn’t mean Uncle Sam forgets about you. Unlike most countries, the US taxes its citizens no matte...
5 min read

Recent Post

When consumers can make more small transactions instead of single large transactions, they tend to spend more money overall.
Microtransactions and the Psychology of Spending
July 02, 2025
Thanks to the Internet, consumers share tremendous volumes of personal data with sellers, sometimes without realizing it.
When Data Becomes Capital: The Economics of Digital Identity
July 02, 2025
Digital nomad visas can allow remote workers to live in other countries, bringing in revenue but straining local communities.
The Rise of Digital Nomad Visas: Talent Arbitrage in Real Time
July 02, 2025

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