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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
Competitive markets

XED_answer

Published on February 04, 2020

Competitive markets

Saudi_drone_attack

Published on February 04, 2020

Competitive markets

Copenhagen

Published on February 04, 2020

Conflicts of objectives
Global economics

Conflicts of objectives

Published on February 04, 2020

Global economics

Chequers-White-Paper

Published on February 04, 2020

Brexit_up
Global economics

Brexit_up

Published on February 04, 2020

FT-Template
Global economics

FT-Template

Published on February 04, 2020

Minimum_wage
Labour markets

Minimum_wage

Published on February 04, 2020

Money markets
Global economics

Money markets

Published on February 04, 2020

Unemployment
Global economics

Unemployment

Published on February 04, 2020

Newer Posts
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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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