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An Amazon package, which can often be returned for no cost if the customer is dissatisfied.

The Shadow Cost of Free Returns: E-Commerce and the Reverse Logistics Crisis

Consumers love free returns, which are increasingly common in the online retail industry. But what are the hidden costs to society behind allowing consumers to return products and get all of their money back?...
4 min read
NYC Times Square at night with cars flashing by and a crowd on the sidewalk.
Managing the economy

Pigovian Taxes and Urban Mobility: Economic Implications of New York's $9 Congestion Toll

Published on April 05, 2025

White, green and red pixel lights showing VXX market price.
Behavioural economics Managing the economy

The Principle of Market Competition: Retail Investors Venturing into Complex Trading Sectors

Published on February 04, 2025

A photograph of a bust of Karl Marx
Managing the economy

Historical Materialism and the Misjudgment of Capitalism in the 19th Century

Published on January 18, 2025

Photograph of African mine
Competitive markets Managing the economy Factors of production

The Resource Curse and Institutional Failure: Economic Rent-Seeking and Development Challenges in Africa

Published on January 12, 2025

Production Possibility Curve (PPC)
Definitions Managing the economy

Production Possibility Curve (PPC)

Published on January 10, 2025

A photograph of a port with cargo containers.
Managing the economy

Consumer Surplus and the Economics of Parallel Importation

Published on January 10, 2025

Image of a crowd of students graduating, standing in their graduation gowns.
Managing the economy Market Failure

Tuition and Administrative Bloat: Examining the Economic Principle of Cost Disease

Published on January 01, 2025

Tax Multiplier Formula
Definitions Managing the economy

Tax Multiplier Formula

Published on December 21, 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

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Older Posts
Cryptocurrency owners can engage in decentralized finance (DeFi) by lending out their crypto through automated lending pools.

Decentralized Finance (DeFi) and the Future of Banking

Rather than applying for a loan through a bank, you can automatically borrow cryptocurrency online by putting up an equal or greater amount of collateral. This is decentralized finance (DeFi), and is a growing part of the finance industry....
5 min read

Recent Post

Many consumers today purchase bundles of streaming services rather than individual services.
The Economics of Subscription Bundling Wars
September 03, 2025
Could sophisticated AI software quickly determine the maximum you would pay for any item, and charge you accordingly?
Surge Pricing in the Age of AI: Fairness or Exploitation?
August 29, 2025
A sign signaling the pick-up location for ride share drivers, who are a major component of the gig economy.
The Gig Worker’s Dilemma: Flexibility vs. Stability
August 26, 2025

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