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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
Agglomeration Economies
Definitions Business economics Global economics

Agglomeration Economies

Published on September 11, 2023

Monopolistic Competition
Definitions Competitive markets

Monopolistic Competition

Published on August 19, 2023

Law of Diminishing Returns
Definitions Factors of production

Law of Diminishing Returns

Published on August 16, 2023

What is Short Run Aggregate Supply (SRAS)?
Definitions Managing the economy

What is Short Run Aggregate Supply (SRAS)?

Published on August 16, 2023

Total Revenue Formula
Definitions Business economics

Total Revenue Formula

Published on August 14, 2023

Real Interest Rate Formula
Definitions Managing the economy

Real Interest Rate Formula

Published on August 14, 2023

Cost-Push Inflation
Definitions Managing the economy

Cost-Push Inflation

Published on August 11, 2023

Equimarginal Principle
Definitions Behavioural economics

Equimarginal Principle

Published on August 10, 2023

Business Cycle Graph
Definitions Managing the economy Business economics Global economics

Business Cycle Graph

Published on August 06, 2023

Binding Price Floor
Definitions Managing the economy Labour markets

Binding Price Floor

Published on July 31, 2023

Newer Posts
Page 15 of 39
Older Posts
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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