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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
An image of Euro bills.
Definitions Managing the economy

Seigniorage Explained

Published on October 22, 2024

A person playing Playstation.
Definitions Competitive markets

Atomistic Competition

Published on October 21, 2024

A hand selecting a bright pink miniature house from a row of black and pink model houses.
Definitions Information Failure Market Failure

Adverse Selection in Insurance

Published on October 18, 2024

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

Trading Automation Penetrates the Cryptocurrency Sector

Published on October 18, 2024

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Definitions Behavioural economics

The Economics of Microtransactions

Published on October 18, 2024

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Behavioural economics Definitions Business economics Factors of production

Frictional Unemployment

Published on October 17, 2024

A photo of many hands stacked altogther.
Definitions Managing the economy

Disadvantages of Socialism

Published on October 08, 2024

An image of a typewriter with a "Job Application" written in a paper.
Definitions Managing the economy Labour markets

Natural Unemployment Formula

Published on October 07, 2024

A person holding two paper bags and a camera while walking.
Definitions Business economics

Types of Goods in Economics

Published on October 03, 2024

A wallet with dollar bills and coins on a marbled tile.
Definitions Managing the economy

Pros and Cons of Universal Basic Income (UBI)

Published on October 03, 2024

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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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Want to rent a house for a weekend getaway?  Customers get convenience, but there are risks!
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