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Marginal Efficiency of Capital: Definition and How It Works

The marginal efficiency of capital (MEC) is the expected rate of return from an additional unit of capital investment, a term Keynes introdu...
3 min read
Hand using a stylus to adjust photo editing sliders on a tablet screen

Network Effects in AI Photo Enhancement Platforms

Published on July 23, 2026

PR agency presentation board
Market Failure

Reputation as a Public Good: Externalities in Corporate Communications Markets

Published on June 24, 2026

Oil tanker moving in ocean
Managing the economy

Hormuz May Reopen, but the Oil Shock Is Far From Over

Published on June 24, 2026

The many ads we see while browsing the Internet have behind-the-scenes economic ramifications.

Digital Advertising, Asymmetric Information and Market Efficiency

Published on June 19, 2026

Workers in the gig economy have lots of flexibility regarding when and how much they work, but what about job and wage security?

The Gig Economy, Labour Market Flexibility and Monopsony Power

Published on June 16, 2026

Managing the economy

Payment Terms Are Prices: The Economics of Supplier Credit

Published on June 12, 2026

Operating systems and software suites are bundles of programs consolidated into one package.

Platform Envelopment and Predatory Bundling in Digital Markets

Published on June 08, 2026

Open source code is available to everyone, who can edit the code for their individual software needs.

The Economics of Open Source Software and Public Good Provision

Published on June 02, 2026

Bronze statue of Lady Justice wearing a blindfold and holding balanced scales, symbolizing fairness, impartiality, and the legal system, against a neutral background.

Understanding Cost Barriers in Legal Services

Published on June 01, 2026

silver market
finance Commodities Investing

Portfolio Diversification and Modern Portfolio Theory: How Does Silver Help Us Understand the Potential Efficient Frontier?

Published on May 30, 2026

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Older Posts
Declining loan default rates represented by a downward bar chart and arrow.

What Is Constant Default Rate (CDR)?

The Constant Default Rate (CDR) is an annualised measure of the rate at which loans in a pool default. It is commonly used to assess the per...
2 min read

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