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Consignment stores and online clothing resale sites are part of circular markets for used goods.

The Resale Economy: From Fast Fashion to Circular Markets

Many young consumers are beginning to look at circular markets for gently used clothing instead of relying on mass-produced, disposable "fast fashion." What are the economic incentives behind using circular markets to buy secondhand goods?...
5 min read
Can companies use powerful data analysis tools to figure out how much each of us is willing to pay?

Why Data Is the New Oil: Market Power in the Age of Information Capitalism

Published on May 12, 2025

Users may be able to pay free demo versions of video games, but have to pay to access all features.

From Freemium to Premium: The Economics of Free Products

Published on April 27, 2025

Today, many customers can use Buy Now, Pay Later (BNPL) services with zero interest due.

Buy Now, Pay Later and the New Consumer Debt Cycle

Published on April 27, 2025

Fast food restaurants with electronic menus have the ability to change prices rapidly, known as surge pricing.

Surge Pricing and the Ethics of Real-Time Markets

Published on April 19, 2025

Many young people dream of being able to make a living from posting digital content on social media.

The Creator Economy: Why Attention Is the New Currency

Published on April 19, 2025

By producing, distributing, advertising, selling, and servicing its own vehicles, most major automakers are vertically integrated.

How Vertical Integration Is Reshaping Consumer Markets

Published on April 19, 2025

Online shopping has become the dominant medium thanks to convenient platforms like Amazon and Walmart

Platform Economics and the Power of Scale: Why Big Tech Keeps Getting Bigger

Published on April 11, 2025

NYC Times Square at night with cars flashing by and a crowd on the sidewalk.
Managing the economy

Pigovian Taxes and Urban Mobility: Economic Implications of New York's $9 Congestion Toll

Published on April 05, 2025

The ease of linking Apple products for digital use is part of a network effect that increases its popularity.

Network Effects and the Rise of Big Tech: Analyzing Market Dominance in the Digital Economy

Published on April 01, 2025

When shopping online, could you be charged a personalized price based on an AI analysis of your income and habits?

Price Discrimination in the Digital Age: How Companies Maximize Profits Through Personalized Pricing

Published on March 30, 2025

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A suited man with a bag on his head labeled "TAX" points towards the viewer against a mint green background.

7 Common Tax Mistakes That American Expats Make and How to Avoid Them

Just because you move to another country doesn’t mean Uncle Sam forgets about you. Unlike most countries, the US taxes its citizens no matte...
5 min read

Recent Post

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
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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
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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
July 02, 2025

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