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Thanks to APIs, many programmers can create add-ons and extensions to existing software.

API Economies and the Modularization of Production

Thirty years ago, you had to buy entirely new software when your current program became obsolete. Today, you can download an extension, patch, or upgrade. Thanks to APIs, application programming interfaces, these "modular" additions to software can come from virtually anywhere....
4 min read
The Impact Of Education On Economic Growth
Managing the economy

The Impact Of Education On Economic Growth

Published on December 28, 2020

Can you maximize your earning potential by skipping college?
Behavioural economics

Can you maximize your earning potential by skipping college?

Published on December 23, 2020

All About VIX Options
Competitive markets

All About VIX Options

Published on December 23, 2020

Is Inflation Coming, And Which Businesses Are Immune To It
Business economics

Is Inflation Coming, And Which Businesses Are Immune To It

Published on December 18, 2020

The Importance of a Cryptocurrency Business Account

The Importance of a Cryptocurrency Business Account

Published on November 18, 2020

Explaining The K-Shaped Economic Recovery from Covid-19
Uncategorized Business economics Managing the economy Market failures

Explaining The K-Shaped Economic Recovery from Covid-19

Published on November 03, 2020

Does Public Choice Theory Affect Economic Output?
Business economics Behavioural economics

Does Public Choice Theory Affect Economic Output?

Published on October 13, 2020

Largest Retail Bankruptcies Caused By 2020 Pandemic
Market failures Business economics Managing the economy

Largest Retail Bankruptcies Caused By 2020 Pandemic

Published on October 13, 2020

Identifying Speculative Bubbles and Its Effect on Markets
Competitive markets Business economics Market failures

Identifying Speculative Bubbles and Its Effect on Markets

Published on October 13, 2020

How to address moral hazard in capitalism
Behavioural economics

How to address moral hazard in capitalism

Published on October 07, 2020

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Although increasingly popular, AI still makes serious mistakes...which could cost companies big bucks in damages.

The Economics of AI Hallucinations and Error Costs

To save money on labor, many companies want to use AI to automate basic office functions, from customer service to research. However, AI is prone to making mistakes that are confidently presented as accurate facts. What are the economic implications of unchecked AI use by companies?...
5 min read

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