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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

Investing In Bitcoin Is a Lucrative Opportunity… Or Is It? Here Is What Experts Have to Say

Published on October 07, 2020

Alternatives to GDP in Measuring Countries
Managing the economy Global economics Labour markets

Alternatives to GDP in Measuring Countries

Published on October 06, 2020

What a rising PMI means for the global economy
Managing the economy Global economics

What a rising PMI means for the global economy

Published on October 05, 2020

Explaining The Disconnect Between The Economy and The Stock Market
Business economics Managing the economy

Explaining The Disconnect Between The Economy and The Stock Market

Published on October 02, 2020

Guest Posts Welcome

Guest Posts Welcome

Published on September 20, 2020

Understanding how supply, demand equilibrium affects market growth
Managing the economy Behavioural economics

Understanding how supply, demand equilibrium affects market growth

Published on September 11, 2020

Consumer Confidence Compared to Q2 Job Growth
Competitive markets Business economics Labour markets

Consumer Confidence Compared to Q2 Job Growth

Published on September 11, 2020

U.S Money Supply Since Covid-19 Outbreak
Managing the economy

U.S Money Supply Since Covid-19 Outbreak

Published on September 11, 2020

Arbitrage Price Theory vs. Capital Asset Pricing
Competitive markets Business economics

Arbitrage Price Theory vs. Capital Asset Pricing

Published on September 09, 2020

PCP or Lease: What to Choose?
Market failures

PCP or Lease: What to Choose?

Published on September 06, 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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