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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
Main Economic Implications of SWOT Analysis for Web Development Company

Main Economic Implications of SWOT Analysis for Web Development Company

Published on July 22, 2025

Content creators with thousands of followers on social media platforms can monetize their posts by promoting products.

The Creator Economy: Why Attention Is the New Currency

Published on July 20, 2025

Artificial intelligence programs, commonly known as AI, allow computers to mimic human abilities.

AI and the Labor Market: Complement or Competitor?

Published on July 20, 2025

Many consumers purchase multiple Internet subscription services and forget to cancel ones they no longer use.

Buy It Now, Pay Forever? The Economics of Subscription Overload

Published on July 19, 2025

When consumers can make more small transactions instead of single large transactions, they tend to spend more money overall.

Microtransactions and the Psychology of Spending

Published on July 02, 2025

Thanks to the Internet, consumers share tremendous volumes of personal data with sellers, sometimes without realizing it.

When Data Becomes Capital: The Economics of Digital Identity

Published on July 02, 2025

Digital nomad visas can allow remote workers to live in other countries, bringing in revenue but straining local communities.

The Rise of Digital Nomad Visas: Talent Arbitrage in Real Time

Published on July 02, 2025

Cloud kitchens, also known as ghost kitchens, have no storefront and produce food entirely for takeout or delivery.

The Microeconomics of Cloud Kitchens: Efficiency or Exploitation?

Published on June 20, 2025

A shirt promoting environmentalism, which is part of the ethical consumption and clean energy movements.

Green Premiums and the Price of Ethical Consumption

Published on June 20, 2025

ESPN+ is a subsidiary of Disney and can be bundled with other Disney streaming services.

Streaming Fatigue and the Fragmentation of Digital Entertainment

Published on June 20, 2025

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Main Economic Implications of SWOT Analysis for Web Development Company

Main Economic Implications of SWOT Analysis for Web Development Company

How can a company make smarter decisions in a fast-changing business environment? A SWOT analysis offers a great starting point. For compani...
7 min read

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