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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
Medical Red Cross and heart symbol
Behavioural economics Business economics

Regulation and the Derived Demand for First Aid Training Courses

Published on May 01, 2025

Why 360-Degree Feedback Has Become Essential to Modern Leadership Development

Published on April 30, 2025

Stock market candlestick chart showing price movements on a trading platform

Choosing the Right Trading Instrument: A Guide to the Risk–Return Trade-Off for Independent Investors

Published on April 26, 2025

A piece of industrial equipment that dispenses something akin to saran wrap.
Behavioural economics Business economics Competitive markets

Long Tail Economics and the Online Market for Niche Industrial Equipment

Published on April 26, 2025

 Tax forms and a calculator arranged on a wooden desk, indicating preparation for tax filing.

From Compliance to Strategy: How Cloud Accounting is Redefining the Accountant’s Role

Published on April 25, 2025

Modern open-plan office with rows of developers working on laptops at shared desks under sleek ceiling lighting.

Why Enterprise Web Projects Require Specialized Agencies: An Economic Perspective

Published on April 24, 2025

A digital screen displaying a fluctuating stock market graph with various data points and trends.

How AI Is Changing the Way People Research Crypto in 2026

Published on April 23, 2025

Boy screaming into a voice over microphone

The Human Voice in an AI World: Career Opportunities in the Age of Synthetic Speech

Published on April 20, 2025

A shipping port with ships, containers and cranes.

How Supply Chain Digitalization Is Reshaping Global Trade and Inflation

Published on April 20, 2025

Transaction Costs in Field Service: How Tree Service Apps Reduce Operational Friction

Transaction Costs in Field Service: How Tree Service Apps Reduce Operational Friction

Published on April 17, 2025

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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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