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What Is the Economic Impact of Divorce on Households?

Divorce typically has a large financial impact on the majority of households. When couples separate, one household becomes two, and they mus...
6 min read
Quiz - consumer surplus
Quiz

Quiz - consumer surplus

Saddique Ansari • January 29, 2020 • 1 min read

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Income elasticity of demand (YED)

Thanks to APIs, many programmers can create add-ons and extensions to existing software.

API Economies and the Modularization of Production

Thirty years ago, you had to buy entirely new software when your current program became obsolete. Today, you can download an extension, patch, or upgrade. Thanks to APIs, application programming interfaces, these "modular" additions to software can come from virtually anywhere....
4 min read

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