Managerial Econ - Economy

Managerial Econ: Business Dynamism

Visual Capitalist has a nice graphic that indicates the level of dynamism across industries in the US economy. An industry is not competiti...

Managerial Econ: Returns to Master's degrees

Economist :

Managerial Econ: Responding to Professional Disruption

In Chapter 24 on " The Luddites ," The Industrial Revolution Podcast recounts an episode when entrepreneur John Bell began producing textil...

Managerial Econ: Does inequality make us rich?

Economist : America ranks as the most unequal big rich-world country (see chart). Combined with lower average incomes elsewhere, the pay ...

Managerial Econ: How the Trump Whale made money betting on prediction markets

WSJ : Polymarket’s remarkable liquidity explains Théo, the Polymarket whale [who made $85 million]. Théo behaved as one would expect of a...

Managerial Econ: Standardization and Specialization

I am a couple dozen episodes in on Dave Broker's Industrial Revolutions Podcast and cam across this tidbit from chapter 14. But what Whitwo...

Managerial Econ: The NFL sends Mediocre Teams to Play in Europe

The NFL schedules a handful of games each season to be played in Europe, London and Munich this year. With plans to expand the program to Af...

Managerial Econ: When will RoboTaxis become Profitable?

An interesting article in the WSJ reports on the growing acceptance of autonomous vehicles being used for ride hailing. The dominant platfo...

Managerial Econ: Correlation is not causation: birth weight determines mortality, not the animus of white physicians

Economist :  CORRELATION: “when Black newborns are cared for by Black physicians, the mortality penalty they suffer, as compared with White...

Managerial Econ: Who regulates the regulators?

From REASON : For decades, the California Coastal Commission has had near-unchecked authority to regulate development along the state's 860...

Managerial Econ: The hidden cost of regulatory uncertainty

Innovation drives growth and at our current growth rate of 2%, US income doubles in 36 years. In contrast, EU income doubles in 108 years. ...

Managerial Econ: Failures ==> Learning ==> Success

Economist: ...SpaceX’s existing Falcon 9 rockets had a similar string of spectacular failures (it even released a blooper reel). But there...

Managerial Econ: Why has US left other rich economies in the dust?

Economist : On a per-person basis, American economic output is now about 40% higher than in western Europe and Canada, and 60% higher than i...

Managerial Econ: What happens when you cut the supply of Northwestern football by 75%?

WSJ : Price goes up Ryan Field, where Northwestern played until this season, sat over 47,000 fans—nearly four times as many as the [tempor...

Managerial Econ: AI podcast on Ch1 by Notebooklm.Google

Ch1 Podcast

Managerial Econ: Bargaining with Longshoremen

How much bargaining power did the two sides have in the recent dock workers' strike?  For shippers, what is the cost of a one day delay in c...

Managerial Econ: Colocating Complements

Providers of complementary services can increase demand by reducing the search costs of shared customers. Perhaps colocation will suffice ...

Managerial Econ: New interactive games to teach supply, demand, and pollution, a "negative externality"

From MarginalRevolution.com: MRU videos are free for anyone’s use anytime, anywhere and don’t forget there are also two new econ-practice ga...

Managerial Econ: Frank Zappa on Project Selection

Managerial Econ: Why vertical merger challenges are hard to win

In 2016, the Antitrust Division of the US Dept of Justice (DOJ) challenged the vertical merger of Time Warner (movies) and ATT which owned D...

Managerial Econ: Fabulous essay on the history of trying to regulate technology

Grumpy Economist via MarginalRevolution : AI, Society, and Democracy Highly recommended, but loved the spread of "misinformation" by Gutenb...

Managerial Econ: Who Works From Home?

Work From Home (WFH) opportunities were dramatically broadened during, and after, the COVID-19 pandemic, but they existed pre-pandemic. Eman...

Managerial Econ: What would be the effects of VP Harris' housing plan?

Here is the plan :  expand rental assistance for veterans and other low-income renters,   increase housing supply for people experienc...

Managerial Econ: Nepotism makes it hard for China's middle class to get ahead

Economist : ...people in China once accepted glaring inequality, remaining optimistic that with hard work and ability they could still s...

Managerial Econ: Removing rent control ==> more supply ==> lower rents!

WSJ : The Argentine capital is undergoing a rental-market boom. Landlords are rushing to put their properties back on the market, with Bu...

Managerial Econ: Why does China win at individual but not team sports?

Spectator : ...China uses an intensive and disciplined bureaucratic system modelled on the Soviet Union, scouting for children at an early a...

Managerial Econ: Arbitraging Luxury Brands

The WSJ reports that China is the world’s most expensive major market for the purchase of luxury goods, commanding the highest markups. Whe...

Managerial Econ: Betting Markets suggest President Trump's probability of winning fell to 50% after debate

Economic Analysis of Business Practice

Managerial Econ: Rent control, really?

WSJ :   By limiting supply, rent control leaads to "housing shortages, underinvestment, tenant discrimination or falling property values...

Managerial Econ: Are heavy trucks a Nash Equilibrium?

Economist : America's love affair with big cars is killing them. In America the average new car weighs more than 4,400lb (2,000kg) comp...

Managerial Econ: We say we care about affordable housing, but talk is cheap

Housing prices are prohibitively expensive because we enact strict zoning that prevents other people from building more of it. These restri...

Managerial Econ: NFL Teams as Franchisees

The NFL had been the only large US sports league to prohibit private equity firms from owning teams. Beaton and Gottfried at the WSJ report...

Managerial Econ: Rents fall ==> new supply falling ==> rents will increase

WSJ : Apartment Construction Is Slowing, and Investors Are Betting on Higher Rents  For more than a year, apartment renters in many ci...

Managerial Econ: America innovates while Europe regulates

NYTimes reluctantly admits that "overregulation and weak governance in Europe may undermine the continent’s future." Europe softened the h...

Managerial Econ: Social Security and Medicare are screwing our grandkids

NYTimes : Under almost every president since 1980, 80 percent of the real growth in domestic spending has gone to Social Security and ......

Managerial Econ: Politicians learn that criminals respond to incentives

NYTimes : In the late 2010s, calls began growing for a more relaxed approach to law enforcement. Crime had fallen so low that it didn’t alw...

Managerial Econ: Algorimthic Rental Collusion

Today, the DOJ accused RealPage of facilitating collusion. Among its services, RealPage has developed an algorithm that culls through rent...

Managerial Econ: Incentivizing Data Analytic Teams

The effectiveness of incentivizing routine or manual tasks has often been been studied. The effectiveness of incentives for non-routine, an...

Managerial Econ: Why Hilton Doesn't Franchise Luxury Hotels

The WSJ has posted a nice eight minute video about the hotel business as part of their " Economics of " series. One trends has been a decad...

Managerial Econ: VP Harris advocates price controls, so I am sending her a copy of my textbook.

TRUTH IN BLOGGING: I was political appointee in the Trump administration (Chief Economist of the Antitrust Division). VOX on regulating ren...