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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
Projected Impact of COVID-19 on Government Finances across Selected Countries
Managing the economy Global economics

Projected Impact of COVID-19 on Government Finances across Selected Countries

Published on August 01, 2020

Covid-19 Effect on Microfinance and the Third-World Economies
Global economics Behavioural economics

Covid-19 Effect on Microfinance and the Third-World Economies

Published on August 01, 2020

How is Bridging Finance Being Used in the UK?
Business economics

How is Bridging Finance Being Used in the UK?

Published on July 29, 2020

Types of Financial Derivatives: A Short Guide
Managing the economy

Types of Financial Derivatives: A Short Guide

Published on July 20, 2020

U.S. Job Losses During the Covid-19 Pandemic by Ethnicity
Business economics Managing the economy

U.S. Job Losses During the Covid-19 Pandemic by Ethnicity

Published on July 06, 2020

Understanding The Economic Model of Human Behavior
Business economics Behavioural economics

Understanding The Economic Model of Human Behavior

Published on July 06, 2020

What is an inverted yield curve recession
Business economics Definitions Questions

What is an inverted yield curve recession

Published on July 06, 2020

What Would A Negative Fed Rate Cut Look Like?
Managing the economy

What Would A Negative Fed Rate Cut Look Like?

Published on July 06, 2020

How yield to maturity Is calculated
Business economics Questions

How yield to maturity Is calculated

Published on July 06, 2020

How is Behavioral Economics Different From Classical Economics?
Behavioural economics

How is Behavioral Economics Different From Classical Economics?

Published on July 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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