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Consignment stores and online clothing resale sites are part of circular markets for used goods.

The Resale Economy: From Fast Fashion to Circular Markets

Many young consumers are beginning to look at circular markets for gently used clothing instead of relying on mass-produced, disposable "fast fashion." What are the economic incentives behind using circular markets to buy secondhand goods?...
5 min read
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Behavioural economics Business economics Competitive markets

Information Asymmetry and the Rise of Expat-Focused Real Estate Brokerages

Published on June 13, 2025

Image of a beautiful cathedral in Spain.
Behavioural economics Competitive markets Business economics

How Purchasing Power Parity Explains the Boom in International Retirement Services

Published on May 15, 2025

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Factors of production Labour markets Business economics Competitive markets

Comparative Advantage in the Age of Automation: The Impact of AI on Global Trade Dynamics

Published on February 09, 2025

British Airways plane taking off.
Competitive markets Behavioural economics

Price Discrimination in the Airline Industry: A Study of Dynamic Pricing Strategies

Published on January 30, 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

Man sitting on a scooter looking at his phone
Behavioural economics Business economics Competitive markets

The Gig Economy Revolution: Freedom or Precarity?

Published on December 29, 2024

Producer Surplus Equation
Definitions Competitive markets

Producer Surplus Equation

Published on December 12, 2024

A row of vending machines with an elderly person using one of the machines.
Definitions Competitive markets

Substitutes Economics

Published on October 30, 2024

An image of a blank black price tag.
Definitions Competitive markets

Price Taker

Published on October 29, 2024

An image of a white bulb.
Definitions Competitive markets Factors of production

Economic Efficiency

Published on October 23, 2024

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Older Posts
A suited man with a bag on his head labeled "TAX" points towards the viewer against a mint green background.

7 Common Tax Mistakes That American Expats Make and How to Avoid Them

Just because you move to another country doesn’t mean Uncle Sam forgets about you. Unlike most countries, the US taxes its citizens no matte...
5 min read

Recent Post

When consumers can make more small transactions instead of single large transactions, they tend to spend more money overall.
Microtransactions and the Psychology of Spending
July 02, 2025
Thanks to the Internet, consumers share tremendous volumes of personal data with sellers, sometimes without realizing it.
When Data Becomes Capital: The Economics of Digital Identity
July 02, 2025
Digital nomad visas can allow remote workers to live in other countries, bringing in revenue but straining local communities.
The Rise of Digital Nomad Visas: Talent Arbitrage in Real Time
July 02, 2025

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