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Credit Rationing and Information Asymmetry: The Economics Behind Online Micro-Loans

Credit rationing and asymmetric info explain why high-risk micro-loans exist and carry high rates....
4 min read
Investment
Definitions

Investment

Saddique Ansari • January 28, 2020 • 1 min read

Author bio

Investment – definition

Investment is the value of fixed capital assets (plus stocks) produced in an economy over a period of time – investment refers to the creation of  capital goods. Investment spending is an injection into the circular flow of income.

Investment as an injection


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Application Programming Interfaces (APIs) allow software on different devices and systems to talk to each other.

The Economics of API Ecosystems and Modular Innovation

Today, Application Programming Interfaces (APIs) and modular software development allow for widespread and rapid improvement of programs and apps. How has the macro economy changed by this recent shift toward interoperability and add-on upgrades in software?...
4 min read

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