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Digital twins and AI modeling can help companies determine exactly when maintenance should be done to maximize efficiency.

The Economics of Digital Twins and Predictive Maintenance

Large companies may be spending billions of dollars a year in inefficient maintenance on their capital goods, either doing too much maintenance and wasting money or not enough maintenance and dealing with equipment failure. Can digital twins and AI end this inefficiency?...
4 min read
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Global economics Managing the economy

Did Food Prices Increase during the Great Depression?

Published on September 27, 2024

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Managing the economy Global economics

Does the US President Control Inflation?

Published on September 27, 2024

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Global economics Managing the economy

Why Economic Sanctions Have Historically Never Worked to Achieve Their Aims

Published on September 22, 2024

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Managing the economy

Government Price Setting vs. Price-Gouging Laws

Published on September 22, 2024

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Managing the economy Global economics

Analyzing Russian Economic Resilience in the Post-Sanctions Era

Published on September 22, 2024

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Factors of production Managing the economy Global economics

MITI and the Economic Development Miracle of Japan

Published on September 21, 2024

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Managing the economy Market failures

Analyzing Greedflation's Contribution to Inflation in the U.S. 2021-2024

Published on September 21, 2024

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Managing the economy

Government Spending Divorced From Economic Multiplier Effects

Published on September 21, 2024

A red bicycle leaning against a wooden fence painted with a large red maple leaf on a background of white and blue panels.
Managing the economy Market Failure

Housing Shortages and Canada's Rental Controls

Published on September 20, 2024

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Forex Trading Managing the economy

AI Penetrates Retail Currency Trading As More Products Become Available

Published on September 13, 2024

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As AI makes fake news harder to distinguish from factual information, will consumers begin paying for verified sources?

The Economics of Deepfake Detection: Trust, Verification, and Information Markets

As AI makes fake news and misinformation harder and harder to detect, will consumers and producers begin paying for verification and certification of authenticity? Should governments get involved to re-establish trust in information to soothe roiling markets?...
4 min read

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Thanks to the ease of remote work with today's technology, do cities still enjoy an agglomeration advantage?
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Instead of paying for Internet ads or TV commercials featuring celebrities, many firms are now using social media influencers to endorse products.
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