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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
A forex trading graphs displaying fluctuations in currency exchange rates over time
Forex Trading

What is Forex Trading and How Does it Work

Published on August 03, 2025

Close up shot of US one dollar bills displaying corner number one
Forex Trading

The Triffin dilemma: why the dollar's reserve status locks America into deficits

Published on July 30, 2025

A forex trading graphs displaying fluctuations in currency exchange rates over time
Forex Trading Global economics

Price Elasticity of Demand for Currency During Geopolitical Shocks

Published on July 30, 2025

A photo of a computer screen with financial software with a live ticker tracking trades. It shows a pink, red, yellow, and green lines on a black background.
Competitive markets Forex Trading

Where Does Price Discovery Start in Index Markets

Published on July 21, 2025

A pile of cash of various amounts with currencies from all over the world including US Dollar, and Myanmar Kyats among other currencies.xican Pesos, Korean Won, Kyats
Global economics Forex Trading Managing the economy

The Economics of Currency Markets and International Remittances

Published on July 06, 2025

Black Thursday
Forex Trading Global economics

Black Thursday

Published on January 16, 2025

Stone statue of Yen currency symbol.
Definitions Forex Trading

Yen Carry Trade

Published on December 02, 2024

Computer screen showing stock market data with a red graph going downwards indicating a decline.
Forex Trading Managing the economy

What Caused the Stock Market Crash of 1929?

Published on November 26, 2024

An image showing different AI applications.
Forex Trading Managing the economy

AI Penetrates Retail Currency Trading As More Products Become Available

Published on September 13, 2024

A hand reaching toward two black cards placed on a wooden surface, one labeled "BUY" and the other labeled "SELL".
Forex Trading Business economics

Trading Platforms Offering More Bespoke Services As Competition Increases

Published on August 03, 2024

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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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