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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
Largest Retail Bankruptcies Caused By 2020 Pandemic
Market failures Business economics Managing the economy

Largest Retail Bankruptcies Caused By 2020 Pandemic

Published on October 13, 2020

Identifying Speculative Bubbles and Its Effect on Markets
Competitive markets Business economics Market failures

Identifying Speculative Bubbles and Its Effect on Markets

Published on October 13, 2020

Explaining The Disconnect Between The Economy and The Stock Market
Business economics Managing the economy

Explaining The Disconnect Between The Economy and The Stock Market

Published on October 02, 2020

Consumer Confidence Compared to Q2 Job Growth
Competitive markets Business economics Labour markets

Consumer Confidence Compared to Q2 Job Growth

Published on September 11, 2020

Arbitrage Price Theory vs. Capital Asset Pricing
Competitive markets Business economics

Arbitrage Price Theory vs. Capital Asset Pricing

Published on September 09, 2020

Federal Interest Rate Projections for 2021
Business economics Managing the economy

Federal Interest Rate Projections for 2021

Published on September 02, 2020

Covid-19 Chapter 11 Retail Bankruptcies and Restructures
Competitive markets Business economics

Covid-19 Chapter 11 Retail Bankruptcies and Restructures

Published on September 02, 2020

How producer price index affects other inflation measures
Business economics Managing the economy

How producer price index affects other inflation measures

Published on September 02, 2020

Business economics

Forex Trading Hours in the UK: Beginners Guide

Published on August 26, 2020

Will Declining Consumer Spending Cause Deflation?
Uncategorized Business economics Managing the economy Market failures

Will Declining Consumer Spending Cause Deflation?

Published on August 11, 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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