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Digital twins and AI modeling can help companies determine exactly when maintenance should be done to maximize efficiency.

The Economics of Digital Twins and Predictive Maintenance

Large companies may be spending billions of dollars a year in inefficient maintenance on their capital goods, either doing too much maintenance and wasting money or not enough maintenance and dealing with equipment failure. Can digital twins and AI end this inefficiency?...
4 min read
Positive vs. Normative Economics: A Comprehensive Guide
Definitions Managing the economy

Positive vs. Normative Economics: A Comprehensive Guide

Published on December 21, 2023

A hand holding an older model iphone taking a picture of several tall residential buildings of 40 stories or higher.
Managing the economy Market failures Business economics

eSIMs and the Green Digital Economy: Supporting IoT and Carbon Emission Reductions

Published on December 21, 2023

AI-Guided Educational Tools: A Growing Economic Niche
Managing the economy

AI-Guided Educational Tools: A Growing Economic Niche

Published on December 15, 2023

Dutch Disease
Definitions Managing the economy

Dutch Disease

Published on December 01, 2023

Understanding the J Curve with Graphs
Definitions Managing the economy

Understanding the J Curve with Graphs

Published on December 01, 2023

Trilemma: A Comprehensive Guide
Definitions Managing the economy

Trilemma: A Comprehensive Guide

Published on November 22, 2023

How to Stop Inflation?
Definitions Managing the economy

How to Stop Inflation?

Published on November 09, 2023

Normative Economics and its Applications
Definitions Behavioural economics Managing the economy

Normative Economics and its Applications

Published on November 03, 2023

Independent Content Creation Continues to Increase in Market Share
Global economics Managing the economy

Independent Content Creation Continues to Increase in Market Share

Published on October 22, 2023

An image of notes and coins.
Definitions Managing the economy

Ample Reserves vs. Limited Reserves

Published on October 19, 2023

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As AI makes fake news harder to distinguish from factual information, will consumers begin paying for verified sources?

The Economics of Deepfake Detection: Trust, Verification, and Information Markets

As AI makes fake news and misinformation harder and harder to detect, will consumers and producers begin paying for verification and certification of authenticity? Should governments get involved to re-establish trust in information to soothe roiling markets?...
4 min read

Recent Post

What would happen if sellers could use AI to determine how much you are willing and able to pay for every possible product?
The Economics of Hyper-Personalization: When Every Consumer Gets a Different Price
December 24, 2025
Thanks to the ease of remote work with today's technology, do cities still enjoy an agglomeration advantage?
The Geography of Remote Work: Are Cities Losing Their Agglomeration Advantage?
December 19, 2025
Instead of paying for Internet ads or TV commercials featuring celebrities, many firms are now using social media influencers to endorse products.
The Economics of Micro-Influencers: Reputation, Pricing, and Market Structure
December 19, 2025

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