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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
Liquidity Preference Theory with Graphs
Definitions Managing the economy

Liquidity Preference Theory with Graphs

Published on October 16, 2023

An image of a steel mill.
Definitions Labour markets Competitive markets

Factor Market: A Comprehensive Guide

Published on October 13, 2023

Disadvantages of Market Economy
Definitions Competitive markets Managing the economy

Disadvantages of Market Economy

Published on October 10, 2023

Discretionary Fiscal Policy
Definitions Managing the economy

Discretionary Fiscal Policy

Published on October 08, 2023

Labour Arbitrage
Definitions Labour markets Global economics

Labour Arbitrage

Published on September 27, 2023

Utility Maximisation: A Guide to Rational Decision-Making
Definitions Behavioural economics

Utility Maximisation: A Guide to Rational Decision-Making

Published on September 27, 2023

Crowding Out
Definitions Managing the economy

Crowding Out

Published on September 14, 2023

Pareto Efficiency
Definitions Competitive markets Market Failure

Pareto Efficiency

Published on September 14, 2023

Barriers to Entry
Definitions Competitive markets

Barriers to Entry

Published on September 12, 2023

Isoquant Curves Simplified
Definitions Factors of production

Isoquant Curves Simplified

Published on September 11, 2023

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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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