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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
Pigouvian Tax
Definitions Behavioural economics Business economics Competitive markets Global economics Information Failure

Pigouvian Tax

Published on January 29, 2020

Phillips Curve
Definitions

Phillips Curve

Published on January 29, 2020

Price elasticity of supply
Definitions

Price elasticity of supply

Published on January 29, 2020

Perfect competition
Definitions

Perfect competition

Published on January 29, 2020

Price elasticity of demand
Definitions

Price elasticity of demand

Published on January 29, 2020

Pareto efficiency
Definitions

Pareto efficiency

Published on January 29, 2020

Output gap
Definitions

Output gap

Published on January 29, 2020

Opportunity cost
Definitions

Opportunity cost

Published on January 29, 2020

Oligopoly
Definitions

Oligopoly

Published on January 29, 2020

Normative statement
Definitions

Normative statement

Published on January 29, 2020

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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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