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It seems like everyone is glued to their phones these days...probably because app creators know how to make their sites addictive!

Attention Markets and the Allocation of Cognitive Scarcity

The rapid rise of the smartphone, social media, and streaming entertainment have created more competition for our attention than ever before. Who wants our attention, and why? Are there any potential economic harms to our attentions being so divided among productivity and entertainment?...
4 min read
Definition of activity rate
Definitions

Definition of activity rate

Saddique Ansari • January 28, 2020 • 1 min read

Author bio

Activity rate

The labour market activity rate is the amount of people employed (the active) and those unemployed (potentially active) as a % of the total population.

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Transaction Cost Economics and Why Businesses File Dormant Company Accounts

Sometimes a business will continue to be registered even though it is not actively trading. This could be seen mainly as an administrative d...
4 min read

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