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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
Calculator, coins, cash, and pen representing budgeting, savings, and financial planning
Crypto Business economics

Financial Intermediation and Disintermediation: What Coase's Theory of the Firm Tells Us About Crypto Lending

Published on July 13, 2025

Gold coins with the Bitcoin logo placed on a dark surface with glowing lights in the background.
Global economics Crypto

The Emergence and Potential of Zero-Knowledge Proofs in Blockchain Technology

Published on November 27, 2024

A collection of various cryptocurrency coins, including Bitcoin.
Crypto Definitions

Trading Automation Penetrates the Cryptocurrency Sector

Published on October 18, 2024

Dark figures walking through a futuristic hall of lights
Behavioural economics Business economics Crypto

The Innovator’s Dilemma: Why Legacy Firms Like VistaPrint Must Reinvent to Survive

Published on June 28, 2024

Crypto wallet ledger in a golden box with golden metal bitcoin
Behavioural economics Competitive markets Crypto

How Financial Sovereignty and Decentralization Are Reshaping the Future of Crypto Custody

Published on May 26, 2024

Blue, purple and green drawings on a piece of paper. Unclear what they are, looks like mock writing.
Behavioural economics Managing the economy Crypto Business economics

Applying the Efficient Frontier: How Diversification Enhances Crypto’s Role in Modern Portfolios

Published on April 19, 2024

Tokenomics: Understanding the Economics Behind Cryptocurrencies
Crypto

Tokenomics: Understanding the Economics Behind Cryptocurrencies

Published on October 04, 2023

Commodity Money
Definitions Crypto

Commodity Money

Published on June 01, 2023

Bitcoin ETFs Signal Institutionalized Acceptance of Crypto
Crypto

Bitcoin ETFs Signal Institutionalized Acceptance of Crypto

Published on May 07, 2023

Crypto

How to Stay Out of Massive Losses in the Bear Market: Proven Strategies

Published on February 01, 2022

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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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