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Thousands of content creators post daily on YouTube, TikTok, and other social media sites in hopes of "going viral."

The Economics of “Going Viral”: Attention as a Scarce Resource

They say that everyone wants to be famous. Today, virtually anyone can, thanks to social media. However, there are high costs of trying to master the algorithms to create the most desirable content. What are the economic costs and benefits of trying to "go viral" online?...
4 min read
Black Thursday
Forex Trading Global economics

Black Thursday

Published on January 16, 2025

Photograph of a city by the ocean, with various ships traversing the water in front of it.
Global economics

Global Trade in the Age of Deglobalization - Is the World Turning Inward?

Published on January 07, 2025

Image of an oil rig in the water
Definitions Global economics Factors of production

Theory of Absolute Advantage

Published on December 18, 2024

Dollar bills with sharpie markers written on them.
Definitions Managing the economy Global economics

Expansionary Monetary Policy

Published on December 17, 2024

The Shift to Electric Vehicles: Europe’s Strategic Challenges and Opportunities
Global economics Managing the economy

The Shift to Electric Vehicles: Europe’s Strategic Challenges and Opportunities

Published on December 15, 2024

Saudi Arabia’s Strategic Pursuit of Mineral Resources and Regional Influence
Global economics

Saudi Arabia’s Strategic Pursuit of Mineral Resources and Regional Influence

Published on December 14, 2024

Introduction to BRICS+: Economic and Political Evolution
Global economics

Introduction to BRICS+: Economic and Political Evolution

Published on December 14, 2024

Evaluating the France Très Haut Débit Plan: Achievements, Challenges, and Future Prospects
Global economics

Evaluating the France Très Haut Débit Plan: Achievements, Challenges, and Future Prospects

Published on December 10, 2024

Picture of the eurozone statue, partial.
Global economics

Diverging Inflation Dynamics: A Comparative Analysis of the Eurozone and the United States

Published on December 07, 2024

Mountain with windmills and ocean.
Global economics Managing the economy Definitions

The Evolution and Challenges of the Circular Economy: From Utopia to Reality

Published on December 05, 2024

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Older Posts
Cloud data storage has rapidly become a huge industry, with some unexpected third party costs.

Digital Hoarding: The Economics of Data Storage

Today, we generate tons of digital content that we want stored, potentially forever. As a result, companies spend big bucks to store terabytes (or even petabytes) of data in cloud storage centers. What are the costs of all this digital storage?...
5 min read

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When you listen to your favorite artist through a subscription service, does he or she get paid fairly for the work they produced?
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