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Application Programming Interfaces (APIs) allow software on different devices and systems to talk to each other.

The Economics of API Ecosystems and Modular Innovation

Today, Application Programming Interfaces (APIs) and modular software development allow for widespread and rapid improvement of programs and apps. How has the macro economy changed by this recent shift toward interoperability and add-on upgrades in software?...
4 min read
Tariff
Definitions

Tariff

Published on January 29, 2020

The long tail
Definitions

The long tail

Published on January 29, 2020

Supply side policy
Definitions

Supply side policy

Published on January 29, 2020

Supply shock
Definitions

Supply shock

Published on January 29, 2020

Supply
Definitions

Supply

Published on January 29, 2020

Substitution Effect
Definitions

Substitution Effect

Published on January 29, 2020

Subsidy
Definitions Behavioural economics Business economics Competitive markets Factors of production Information Failure

Subsidy

Published on January 29, 2020

Specific taxes
Definitions

Specific taxes

Published on January 29, 2020

Specialisation
Definitions

Specialisation

Published on January 29, 2020

Social costs
Definitions

Social costs

Published on January 29, 2020

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Content creators may seem independent and carefree, but almost all of them must heed the whims of large conglomerates.

Creator Economies and Monopsony Power

Many people aspire to be influencers and content creators for the shot at freedom and creativity while earning an income. But the market for content creators is far closer to a monopsony than many people realize. If you want to earn an income, only a handful of social media giants can offer it....
4 min read

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