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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
Structural Unemployment
Definitions Managing the economy

Structural Unemployment

Published on April 05, 2023

Ricardian Equivalence
Definitions Behavioural economics Global economics Managing the economy

Ricardian Equivalence

Published on March 22, 2023

Budget Surplus Definition
Definitions Managing the economy Global economics

Budget Surplus Definition

Published on March 22, 2023

Inflationary Gap
Business economics Global economics Definitions Managing the economy

Inflationary Gap

Published on March 05, 2023

What is Derived Demand?
Definitions Managing the economy

What is Derived Demand?

Published on November 11, 2022

The Free Rider Problem
Managing the economy Market failures

The Free Rider Problem

Published on October 25, 2022

An example of seasonal unemployment depicted in a ski slope in summer, with its ski lifts not in operation.
Labour markets Managing the economy

Seasonal Unemployment

Published on September 19, 2022

Socialism Vs. Communism
Definitions Managing the economy

Socialism Vs. Communism

Published on September 19, 2022

The Lorenz Curve
Definitions Managing the economy Behavioural economics Business economics

The Lorenz Curve

Published on September 24, 2021

Command Economy
Managing the economy Definitions

Command Economy

Published on September 24, 2021

Newer Posts
Page 14 of 26
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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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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