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More and more people are turning to AI chatbots for companionship and relationships, raising economic and ethical debates.

The Economics of Loneliness: Markets for Companionship

As AI companions become increasingly popular, serious questions are raised about the implications of "subscribing" to digital friendships. Should we be concerned about people entering AI relationships?...
5 min read
The Circular Flow Diagram
Definitions Managing the economy

The Circular Flow Diagram

Published on March 22, 2024

Marginal Utility Formula
Definitions Behavioural economics

Marginal Utility Formula

Published on March 22, 2024

Liquidity Trap
Definitions Managing the economy Global economics

Liquidity Trap

Published on March 22, 2024

Money Illusion
Definitions Behavioural economics

Money Illusion

Published on February 28, 2024

Time Lags in Economics
Definitions Managing the economy

Time Lags in Economics

Published on February 28, 2024

Scarcity in Economics
Definitions Factors of production

Scarcity in Economics

Published on February 18, 2024

Leverage Ratios Explained
Definitions Business economics

Leverage Ratios Explained

Published on February 18, 2024

Shortages in Economics
Definitions Competitive markets

Shortages in Economics

Published on February 13, 2024

Prospect Theory
Definitions Behavioural economics

Prospect Theory

Published on February 09, 2024

What is Mercantilism?
Definitions Global economics Managing the economy

What is Mercantilism?

Published on February 08, 2024

Newer Posts
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Older Posts
Some remote workers are accused of time theft for only working a portion of their expected working hours.

The Economics of Time Theft: Productivity, Surveillance, and Remote Work

Is it cost-effective for companies with lots of remote workers to actively monitor them through "bossware" that tracks their online activities? Research shows that some monitoring can boost productivity, but too much can cause workers to rebel....
5 min read

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Many consumers today purchase bundles of streaming services rather than individual services.
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