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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
Your airline ticket price can vary considerably based on time of purchase and amount of baggage.

Why Airline Ticket Prices Fluctuate: Understanding Dynamic Pricing Strategies

Published on March 28, 2025

A Zoom or Google Meet video meeting showing many participants on a person's laptop computer.

The Economics of Remote Work: How Labor Markets Are Adjusting to the Post-Pandemic World

Published on March 20, 2025

Gold is a traditional hedge investment, but now is challenged by cryptocurrency.

Cryptocurrencies and Inflation Hedging: Can Bitcoin Really Replace Gold?

Published on March 18, 2025

Is rapid trading on free investing apps the result of gamification of finance?

Behavioral Economics and the Gamification of Finance: How Apps Like Robinhood Influence Trading Behavior

Published on March 18, 2025

Many streaming services offer access to an entire library rather than individual movies or TV show seasons.
Business economics

The Economics of Subscription Models: Why Businesses Prefer Recurring Revenue Over One-Time Sales

Published on March 17, 2025

Thanks to rapidly-adjustable websites and apps, airlines can engage in dynamic pricing.

Price Discrimination in the Airline Industry: How Airlines Maximize Revenue Through Dynamic Pricing

Published on March 11, 2025

Despite being created to save us time, modern appliances do not seem to make us any less busy.

The Paradox of Automation: How Labor-Saving Technology Can Create More Jobs

Published on March 11, 2025

A classic debate over fair pay for labor involves governments imposing minimum wage laws.

The Minimum Wage Debate: Do Higher Wages Boost Productivity or Destroy Jobs?

Published on March 07, 2025

Grocery prices may not seem to be rising.  Is it lower costs of production, or is it shrinkflation?

Inflation and Shrinkflation: How Firms Use Hidden Price Adjustments to Navigate Economic Turbulence

Published on March 07, 2025

Foreign suppliers of resources and parts may be less expensive, but more vulnerable to risks.

Supply Chain Resilience and Comparative Advantage: Rethinking Global Trade After COVID-19

Published on March 01, 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
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
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
July 02, 2025

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