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Thousands of content creators post daily on YouTube, TikTok, and other social media sites in hopes of "going viral."

The Economics of “Going Viral”: Attention as a Scarce Resource

They say that everyone wants to be famous. Today, virtually anyone can, thanks to social media. However, there are high costs of trying to master the algorithms to create the most desirable content. What are the economic costs and benefits of trying to "go viral" online?...
4 min read
NYC Times Square at night with cars flashing by and a crowd on the sidewalk.
Managing the economy

Pigovian Taxes and Urban Mobility: Economic Implications of New York's $9 Congestion Toll

Published on April 05, 2025

White, green and red pixel lights showing VXX market price.
Behavioural economics Managing the economy

The Principle of Market Competition: Retail Investors Venturing into Complex Trading Sectors

Published on February 04, 2025

A photograph of a bust of Karl Marx
Managing the economy

Historical Materialism and the Misjudgment of Capitalism in the 19th Century

Published on January 18, 2025

Photograph of African mine
Competitive markets Managing the economy Factors of production

The Resource Curse and Institutional Failure: Economic Rent-Seeking and Development Challenges in Africa

Published on January 12, 2025

Production Possibility Curve (PPC)
Definitions Managing the economy

Production Possibility Curve (PPC)

Published on January 10, 2025

A photograph of a port with cargo containers.
Managing the economy

Consumer Surplus and the Economics of Parallel Importation

Published on January 10, 2025

Image of a crowd of students graduating, standing in their graduation gowns.
Managing the economy Market Failure

Tuition and Administrative Bloat: Examining the Economic Principle of Cost Disease

Published on January 01, 2025

Tax Multiplier Formula
Definitions Managing the economy

Tax Multiplier Formula

Published on December 21, 2024

Dollar bills with sharpie markers written on them.
Definitions Managing the economy Global economics

Expansionary Monetary Policy

Published on December 17, 2024

The Shift to Electric Vehicles: Europe’s Strategic Challenges and Opportunities
Global economics Managing the economy

The Shift to Electric Vehicles: Europe’s Strategic Challenges and Opportunities

Published on December 15, 2024

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Older Posts
Cloud data storage has rapidly become a huge industry, with some unexpected third party costs.

Digital Hoarding: The Economics of Data Storage

Today, we generate tons of digital content that we want stored, potentially forever. As a result, companies spend big bucks to store terabytes (or even petabytes) of data in cloud storage centers. What are the costs of all this digital storage?...
5 min read

Recent Post

When you listen to your favorite artist through a subscription service, does he or she get paid fairly for the work they produced?
The Streaming Royalty Puzzle: Who Gets Paid and Why
September 15, 2025
How much would you be willing to pay to ensure that your identity was protected online?
The Rise of Pay-to-Verify: Monetizing Digital Identity
September 15, 2025
In the near future, art generated by AI may be indistinguishable from that created by a human artist.  What then?
The Economics of Generative AI in Creative Industries
September 15, 2025

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