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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
Market
Definitions

Market

Published on January 28, 2020

Marginal revenue
Definitions

Marginal revenue

Published on January 28, 2020

Marginal cost
Definitions

Marginal cost

Published on January 28, 2020

Marginal Propensity to Consume
Definitions Behavioural economics Business economics Managing the economy

Marginal Propensity to Consume

Published on January 28, 2020

Long Run Aggregate Supply
Definitions Business economics Factors of production Global economics

Long Run Aggregate Supply

Published on January 28, 2020

Liquidity
Definitions

Liquidity

Published on January 28, 2020

Liquidity Trap
Definitions

Liquidity Trap

Published on January 28, 2020

Investment
Definitions

Investment

Published on January 28, 2020

Interest rates
Definitions

Interest rates

Published on January 28, 2020

Injections into the circular flow
Definitions

Injections into the circular flow

Published on January 28, 2020

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Stacks of documents secured with large black binder clips are arranged on a desk, with a blurred keyboard and calculator in the background.

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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