Chinese billionaire Chris Xu founded Shein in 2008. It was originally named ZZKKO and was initially a drop shipping business […]
Characteristics of Monopolistic Competition
Monopolistic competition is one of the four major types of market structures. It sits alongside perfect competition, oligopoly, and monopoly. […]
J-Shape Revisited: Human Development and Fertility in the United States
Population growth was observed in societies with advancing economies. However, over the recent decades, economists and demographers have grown to […]
Beyond Group Identity: How Economic Need Shapes Social Cooperation
Parochial altruism refers to the tendency of individuals to favor those in their own group while acting less cooperatively toward […]
Why Did 23andMe File for Bankruptcy? What Does This Mean for Its Customers?
The biotechnology company 23andMe was founded in 2006 with the goal of increasing access to direct-to-consumer genetic testing for ancestry […]
How the Brain Reacts to Prices: Neural Marker for Price Perception Discovered
Pricing influences consumer behavior. A multidisciplinary team of researchers from Russia has shown that the brain reacts instantly when the […]
Max Planck Study: As Cities Grow, Social Inequality Deepens
Cities have been considered centers of wealth and opportunity. These are places where the affluent thrive and the common folks […]
Law Firm Paul Weiss Yielding To Trump: Why This Matters
Law firm Paul Weiss agreed to provide USD 40 million in pro bono legal services for right-wing causes and cases […]
Tesla On The Loose: Some Cybertruck Parts Are Held By Glue
Tesla is having a bad year. Its earnings declined last year. The stock price has fallen by more than 30 […]
DoorDash-Klarna Partnership and Micro-Loan Worries
Hungry and cashless? Empty fridge woes? DoorDash has your back. The online food ordering and delivery service provider has partnered […]