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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
Property rights
Market failures

Property rights

Published on January 17, 2020

Demerit goods
Market failures

Demerit goods

Published on January 17, 2020

Positive externalities
Market failures

Positive externalities

Published on January 17, 2020

Depletion of fish stocks
Market failures

Depletion of fish stocks

Published on January 17, 2020

Market failures

COP24 Agreement

Published on January 17, 2020

Pollution
Market failures

Pollution

Published on January 17, 2020

Public transport
Market failures

Public transport

Published on January 17, 2020

Road Congestion
Market failures

Road Congestion

Published on January 17, 2020

Negative externalities
Market failures

Negative externalities

Published on January 17, 2020

Education as a merit good
Market failures

Education as a merit good

Published on January 17, 2020

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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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