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Shoppers outside of a store of a well-known luxury brand that counts as a Veblen good, meaning popularity increases as price increases.

The Economics of Social Status: Why We Pay More for Less

Veblen goods are luxury goods that violate the Law of Demand, which states that quantity demanded of a good falls as price rises. Veblen goods actually become more popular as prices increase. Why is this the case? Can the purchase of such goods be reasonable?...
5 min read
Human Capital: What It Is and How It Impacts the Economy
Competitive markets Definitions Labour markets Managing the economy

Human Capital: What It Is and How It Impacts the Economy

Published on June 14, 2021

Alternatives to GDP in Measuring Countries
Managing the economy Global economics Labour markets

Alternatives to GDP in Measuring Countries

Published on October 06, 2020

Consumer Confidence Compared to Q2 Job Growth
Competitive markets Business economics Labour markets

Consumer Confidence Compared to Q2 Job Growth

Published on September 11, 2020

Alberto Nagel Chief Executive Officer of Mediobanca
Labour markets

Alberto Nagel Chief Executive Officer of Mediobanca

Published on August 31, 2020

Comparing Unemployment in 2020 to Previous Economic Disasters
Labour markets

Comparing Unemployment in 2020 to Previous Economic Disasters

Published on June 19, 2020

The Effectiveness of Economic Stimulus Around The Globe
Uncategorized Labour markets Managing the economy Market failures

The Effectiveness of Economic Stimulus Around The Globe

Published on June 07, 2020

Comparing Fiscal Responses to COVID-19 as Percentage of GDP across Countries
Business economics Labour markets Managing the economy

Comparing Fiscal Responses to COVID-19 as Percentage of GDP across Countries

Published on June 03, 2020

Labour markets

Gender-pay-gap

Published on February 04, 2020

Minimum_wage
Labour markets

Minimum_wage

Published on February 04, 2020

The minimum and living wage
Labour markets

The minimum and living wage

Published on January 17, 2020

Newer Posts
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Main Economic Implications of SWOT Analysis for Web Development Company

Main Economic Implications of SWOT Analysis for Web Development Company

How can a company make smarter decisions in a fast-changing business environment? A SWOT analysis offers a great starting point. For compani...
7 min read

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