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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
Government failure
Definitions

Government failure

Published on January 28, 2020

The Gini co-efficient
Definitions

The Gini co-efficient

Published on January 28, 2020

Giffen Goods
Definitions Business economics Global economics

Giffen Goods

Published on January 28, 2020

Game theory
Definitions

Game theory

Published on January 28, 2020

Full employment
Definitions

Full employment

Published on January 28, 2020

Fiscal_policy
Definitions

Fiscal_policy

Published on January 28, 2020

Fiscal drag
Definitions

Fiscal drag

Published on January 28, 2020

Fiscal boost
Definitions

Fiscal boost

Published on January 28, 2020

Factors of production
Definitions

Factors of production

Published on January 28, 2020

External costs
Definitions

External costs

Published on January 28, 2020

Newer Posts
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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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