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Cryptocurrency owners can engage in decentralized finance (DeFi) by lending out their crypto through automated lending pools.

Decentralized Finance (DeFi) and the Future of Banking

Rather than applying for a loan through a bank, you can automatically borrow cryptocurrency online by putting up an equal or greater amount of collateral. This is decentralized finance (DeFi), and is a growing part of the finance industry....
5 min read
Subsidies
Competitive markets

Subsidies

Published on January 13, 2020

Shifts in Supply
Competitive markets

Shifts in Supply

Published on January 13, 2020

Producer supply
Competitive markets

Producer supply

Published on January 13, 2020

Shifts in demand
Competitive markets

Shifts in demand

Published on January 13, 2020

Demand and Income
Competitive markets

Demand and Income

Published on January 13, 2020

Demand curves
Competitive markets

Demand curves

Published on January 13, 2020

Demand Non-Price-Determinants
Uncategorized

Demand Non-Price-Determinants

Published on January 13, 2020

Consumer Demand
Competitive markets

Consumer Demand

Published on January 13, 2020

Rationing and Incentives
Competitive markets

Rationing and Incentives

Published on January 13, 2020

Economic Systems
Competitive markets

Economic Systems

Published on January 13, 2020

Newer Posts
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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

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Could sophisticated AI software quickly determine the maximum you would pay for any item, and charge you accordingly?
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A sign signaling the pick-up location for ride share drivers, who are a major component of the gig economy.
The Gig Worker’s Dilemma: Flexibility vs. Stability
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