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Many restaurants on delivery apps like Door Dash and Uber Eats are actually ghost kitchens without storefronts.

The Gig Economy of Cloud Kitchens

When you open a food delivery app for a meal brought straight to you, do you ever see brand you don't recognize? These are likely ghost kitchens, which exist without storefronts. How do they operate, and why have they become so popular over the last decade?...
4 min read
Bimetallism Explained
Definitions Managing the economy

Bimetallism Explained

Published on July 25, 2023

Price Ceiling Demystified
Definitions Managing the economy

Price Ceiling Demystified

Published on July 16, 2023

Relative Poverty
Definitions Managing the economy Global economics

Relative Poverty

Published on July 11, 2023

Productive Efficiency
Definitions Managing the economy Competitive markets

Productive Efficiency

Published on July 06, 2023

Capital Flight
Definitions Global economics Managing the economy

Capital Flight

Published on July 06, 2023

Horizontal Integration
Definitions Business economics

Horizontal Integration

Published on July 05, 2023

Pros and Cons of Capitalism
Definitions Managing the economy Business economics

Pros and Cons of Capitalism

Published on July 03, 2023

GDP Deflator - Formula, Calculation and Importance
Definitions Managing the economy

GDP Deflator - Formula, Calculation and Importance

Published on June 30, 2023

Bounded Rationality
Definitions Behavioural economics

Bounded Rationality

Published on June 25, 2023

The Kuznets Curve
Definitions Managing the economy

The Kuznets Curve

Published on June 19, 2023

Newer Posts
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Many workers are "quiet quitting" today, meaning they perform the bare minimum at work but refuse to leave the job.

The Economics of Quiet Quitting: Labor Supply Meets Workplace Incentives

In recent years, the phenomenon of "quiet quitting" has risen among younger Millenial and Gen Z workers. They don't leave dissatisfying jobs, but instead resort to doing the bare minimum. What has happened, and why?...
4 min read

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