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Thousands of content creators post daily on YouTube, TikTok, and other social media sites in hopes of "going viral."

The Economics of “Going Viral”: Attention as a Scarce Resource

They say that everyone wants to be famous. Today, virtually anyone can, thanks to social media. However, there are high costs of trying to master the algorithms to create the most desirable content. What are the economic costs and benefits of trying to "go viral" online?...
4 min read
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Factors of production Managing the economy Labour markets Market Failure

Labor Market Polarization and the Rise of the Virtual AI Agent for Sales Calls: An Application of Routine-Biased Technological Change

Published on July 26, 2024

A dynamic 3D digital wave made of interconnected glowing blue lines and dots.
Global economics

Global Economy Increasingly Decentralized Due to Cloud Based Commerce

Published on July 25, 2024

Pepe Crypto Gains Traction as Whales Accumulate

Pepe Crypto Gains Traction as Whales Accumulate

Published on July 25, 2024

A woman standing by a window in Istanbul.
Competitive markets Managing the economy Global economics

External Economies of Scale and the Istanbul Medical Tourism Cluster: How Industrial Clustering Drives Competitive Prices in Global Cosmetic Healthcare

Published on July 25, 2024

A row of charming stone cottages with manicured lawns and flower beds, set against a clear blue sky. The gravel driveway leads to the houses.

House Purchase Withdrawal: Legal, Financial, and Economic Implications Explained

Published on July 20, 2024

S&P 500 E-mini futures chart displaying price trends from August 2024 to June 2025, showing upward movement and buy/sell markers.

Microsoft Cuts Xbox Operations in Central Europe Amid Fourth Wave of Layoffs

Published on July 20, 2024

A selection of SIM cards rests atop a colorful map of Asia and Africa, illustrating global connectivity and mobile communication.

Market Integration and the Future of Cross-Border Telecom in Europe

Published on July 20, 2024

The Economic Impact of Private Health Insurance on Indian Households

The Economic Impact of Private Health Insurance on Indian Households

Published on July 19, 2024

Gold mining machinery at night in a desert setting with base camp light bright in the background.
Competitive markets Business economics Definitions

Path Dependence and Lock-In: How SAP Shapes the Economics of Gold and Precious Metals Firms

Published on July 02, 2024

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Behavioural economics Business economics Competitive markets Factors of production Global economics

Platform Economics and Modularity: How Composable Tools Are Reshaping Enterprise Software

Published on June 28, 2024

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Cloud data storage has rapidly become a huge industry, with some unexpected third party costs.

Digital Hoarding: The Economics of Data Storage

Today, we generate tons of digital content that we want stored, potentially forever. As a result, companies spend big bucks to store terabytes (or even petabytes) of data in cloud storage centers. What are the costs of all this digital storage?...
5 min read

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