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Foreign suppliers of resources and parts may be less expensive, but more vulnerable to risks.

Supply Chain Resilience and Comparative Advantage: Rethinking Global Trade After COVID-19

Since the Covid pandemic, many Western companies are looking to protect their supply chains from shutdowns and epidemics. Is it worth the higher per-unit cost to buy resources from more developed countries?...
5 min read
Moral Hazard
Definitions Information Failure Behavioural economics

Moral Hazard

Published on January 28, 2020

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Glowing digital signage at night

Creative Destruction and the Rise of Physical-Digital Advertising: How Innovation is Shifting Back to the Real World

Advertising is shifting from digital-only to physical-digital, driven by Creative Destruction and new smart signage tech....
3 min read

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