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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
YouTube

Video: Perfect Competition

Published on January 31, 2020

Price discrimination
YouTube

Price discrimination

Published on January 31, 2020

Tariffs video
YouTube

Tariffs video

Published on January 31, 2020

Updates

UK house prices annual

Published on January 30, 2020

Updates

The_UKs_Brexit_objectives_latest

Published on January 30, 2020

eBooks
Updates

eBooks

Published on January 30, 2020

Competitive markets

Evaluation of Market Systems

Published on January 30, 2020

Questions select category from menu
Questions

Questions select category from menu

Published on January 30, 2020

UK_Inequality_of_wealth
Updates

UK_Inequality_of_wealth

Published on January 29, 2020

Welfare reform
Managing the economy

Welfare reform

Published on January 29, 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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