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Many workers are "quiet quitting" today, meaning they perform the bare minimum at work but refuse to leave the job.

The Economics of Quiet Quitting: Labor Supply Meets Workplace Incentives

In recent years, the phenomenon of "quiet quitting" has risen among younger Millenial and Gen Z workers. They don't leave dissatisfying jobs, but instead resort to doing the bare minimum. What has happened, and why?...
4 min read
Human Development Index (HDI)
Definitions Managing the economy

Human Development Index (HDI)

Published on March 31, 2024

Labour Intensive
Definitions Business economics

Labour Intensive

Published on March 31, 2024

Image of smartphone with some applications.
Behavioural economics Business economics

Marginal Cost and Marginal Benefit in Digital Advertising: How Ad Format Choices Reflect Core Economic Principles

Published on March 31, 2024

US Government Lifts Tornado Cash Sanctions

US Government Lifts Tornado Cash Sanctions

Published on March 29, 2024

Cityscape at dusk with a blurry focus.
Behavioural economics

Creative Destruction in Action: How Adobe’s DIY Tools Reflect Schumpeter’s Economic Principle

Published on March 29, 2024

Ex-Ante Meaning
Definitions Business economics

Ex-Ante Meaning

Published on March 28, 2024

Nvidia’s Market Cap Drops Following Massive Stock Sell-Off

Nvidia’s Market Cap Drops Following Massive Stock Sell-Off

Published on March 28, 2024

Consumer Durables
Definitions Business economics

Consumer Durables

Published on March 27, 2024

Complements Economics
Definitions Competitive markets

Complements Economics

Published on March 27, 2024

Supermarket shelves, colorful packages.
Behavioural economics

Economic Efficiency and Inventory Turnover: How Grocery Stores Use Just-in-Time (JIT) Systems to Reduce Costs and Waste

Published on March 27, 2024

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Are influencers and short-form social media feeds destroying our attention spans from our constant desire for entertainment?

The Attention Economy and Cognitive Scarcity

We can't pay attention to everything, so sellers will pay good money to win our attention to their advertisements. This has led to the rise of social media influencers, who are paid to draw our attention. Has this led to economic harms from our eroding attention spans?...
4 min read

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This influencer may be popular today, but this popularity will fade quickly due to the economic law of diminishing marginal returns.
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