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Today, thanks to Application Programming Interfaces (APIs), diverse software can communicate with each other.

API Economies and the Modularization of Production

The dozens of apps on your phone can communicate with each other thanks to Application Programming Interfaces (APIs), which revolutionized software beginning in the year 2000. What are the economic ramifications of modularized production, where add-ons and expansions abound?...
4 min read
Hardest Hit Companies in the Travel & Entertainment Sector due to Covid-19
Business economics

Hardest Hit Companies in the Travel & Entertainment Sector due to Covid-19

Published on June 03, 2020

Cost Projections for Covid-19 Treatment in U.S
Uncategorized Business economics Managing the economy Market failures

Cost Projections for Covid-19 Treatment in U.S

Published on June 03, 2020

Comparing Fiscal Responses to COVID-19 as Percentage of GDP across Countries
Business economics Labour markets Managing the economy

Comparing Fiscal Responses to COVID-19 as Percentage of GDP across Countries

Published on June 03, 2020

International Student College Enrollment Trends in the US
Business economics Global economics Managing the economy

International Student College Enrollment Trends in the US

Published on June 02, 2020

Cash On-Hand For FAANG Companies during Covid-19
Business economics

Cash On-Hand For FAANG Companies during Covid-19

Published on June 02, 2020

College Education Costs and Inflation in the U.S and U.K
Business economics

College Education Costs and Inflation in the U.S and U.K

Published on June 02, 2020

Labour markets
Business economics

Labour markets

Published on February 04, 2020

Monopsony
Business economics

Monopsony

Published on February 04, 2020

Monopsony power
Business economics

Monopsony power

Published on February 04, 2020

What is Enterprise?
Business economics

What is Enterprise?

Published on January 29, 2020

Newer Posts
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AI can work much faster than human employees, but rates of AI hallucinations and other errors remain significant.

The Economics of AI Hallucinations and Error Costs

AI can be great, but "AI hallucinations" are frequent when AI software attempts to plug in data holes with information that it creates. This can include "ghost citations" of false sources of information. What will firms do to limit the dangers of AI error?...
4 min read

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