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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
A woman standing by a window in Istanbul.
Competitive markets Managing the economy Global economics

External Economies of Scale and the Istanbul Medical Tourism Cluster: How Industrial Clustering Drives Competitive Prices in Global Cosmetic Healthcare

Published on July 25, 2024

A close-up of hands opening a wallet with visible cards inside against a blurred background.
Definitions Behavioural economics

Loss Aversion Definition

Published on July 24, 2024

A row of charming stone cottages with manicured lawns and flower beds, set against a clear blue sky. The gravel driveway leads to the houses.

House Purchase Withdrawal: Legal, Financial, and Economic Implications Explained

Published on July 20, 2024

S&P 500 E-mini futures chart displaying price trends from August 2024 to June 2025, showing upward movement and buy/sell markers.

Microsoft Cuts Xbox Operations in Central Europe Amid Fourth Wave of Layoffs

Published on July 20, 2024

A selection of SIM cards rests atop a colorful map of Asia and Africa, illustrating global connectivity and mobile communication.

Market Integration and the Future of Cross-Border Telecom in Europe

Published on July 20, 2024

The Economic Impact of Private Health Insurance on Indian Households

The Economic Impact of Private Health Insurance on Indian Households

Published on July 19, 2024

A person browsing a website on a laptop with the screen displaying content and a small VELO container placed nearby.

Global Trends in App Development and Their Economic Effects

Published on July 18, 2024

A phone screen displaying different social media applications.

Online Advertising Becomes the Primary Global Economic Driver

Published on July 18, 2024

Global Economy Drivers Are Now Largely Automated

Global Economy Drivers Are Now Largely Automated

Published on July 02, 2024

Gold mining machinery at night in a desert setting with base camp light bright in the background.
Competitive markets Business economics Definitions

Path Dependence and Lock-In: How SAP Shapes the Economics of Gold and Precious Metals Firms

Published on July 02, 2024

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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

Recent Post

This influencer may be popular today, but this popularity will fade quickly due to the economic law of diminishing marginal returns.
The Economics of Creator Burnout: When Attention Becomes a Depleting Resource
November 07, 2025
Want to rent a house for a weekend getaway?  Customers get convenience, but there are risks!
The Sharing Economy’s Hidden Costs: From Access to Precarity
November 07, 2025
A digital graph displaying an upward trend with orange lines and bars against a blurred blue background, symbolizing growth in data.
AI Investments Surge: Chipmakers’ Capitalization Jumps $200 Billion
October 30, 2025

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