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Managerial Econ
12.08.2025
A new paper by Alvarez-Blaser et al analyzes how wholesale and retail prices respond to changes in costs for 2,000 household products from ...
09.08.2025
As we all know, Work From Home (WFH) arrangements became important with the COVID-19 pandemic. However, five years on, about a quarter of t...
08.08.2025
The furor over the president's recent firing the BLS director over unfavorable revisions to the jobs numbers highlights an issue with all ...
Roger Federer's 2024 commencement address at Dartmouth has received some attention on social media partly because of his admirable humility...
02.08.2025
A generation ago, a middling economist started a series of projects that found that mobile phone service would substitute for landline telep...
30.07.2025
A successful merger creates wealth by moving an under-performing asset into a more valuable use. But does this wealth derive from the abilit...
29.07.2025
It was the most terrifying moment of my entrepreneurial journey. I was 31 - a farm kid from Mississippi, sweating through my suit jacket a...
Many people like to be around attractive people. They will patronize a business more often if they know they might "rub elbows" with people ...
Roland Fryer has a nice opinion piece in the WSJ about " The Economics of DIY ." He points out that even wealthy people tend to do household...
The classic book, Economics in One Lesson reduces all of economics to a similar lesson: The art of economics consists in looking not merel...
MarginalRevolution explains much of our current political conflict as a mistaken belief in the zero-sum fallacy: Zero sum thinking fuel...
08.07.2025
Austin Vernon has posted an amazing analysis of how AI is transforming logistics. Even before he get to the implications of AI, there is lo...
25.06.2025
https://www.youtube.com/watch?v=wOFPggYsKfc
22.06.2025
In 2008, 65% of skiers at Vail Resorts bought single-day lift tickets. Today, 75% of their customers purchase season passes, committing thou...
19.06.2025
Probability Event 66% US Military action against Iran by July? 59% Khameni out as Supreme Leade...
15.06.2025
Unionized plants have worse incentive alignment: 26% less likely to offer performance-based bonuses. 11% less likely to promote based...
13.06.2025
Economic Analysis of Business Practice
10.06.2025
President Trump must have read Chapter Two: Voluntary Transactions create wealth by moving assets to higher-valued uses; Taxes, pri...
08.06.2025
The Free Press : ...I spent two and a half years obtaining permits, navigating a labyrinthine zoning department and paying for not only arc...
06.06.2025
From the FreePress : ...Five years ago, ...police activity and staffing fell in big cities (where most of the crime is), as demoralized co...
31.05.2025
WSJ: The Real Story of the ‘China Shock’ The jobs harm was largely local and temporary, while overall jobs and consumer welfare increased. ...
WSJ : U.S. natural gas futures were down for a third straight session as low weather-driven demand looks set to last into the first days of ...
27.05.2025
From Bastiat's Window : The answer is right out of Chapter 1, "incentive alignment." ...the key to that success (versus the Soviets’ 75-ye...
21.05.2025
Someone at the WSJ read Why the U.S. Produces More Unicorns than the EU Limited Presence of Major Tech Firms : Apple's market cap > ent...
18.05.2025
The United States has produced about twice as many unicorns (private startups valued at $1B+) as China and more than four times as many as...
NYTimes : Ella Stapleton said she was surprised to find that a professor had used ChatGPT to assemble course materials. “He’s telling us no...
17.05.2025
How much content should a franchise produce? A recent WSJ story indicates that the expanding Marvel Cinematic Universe (MCU) is approaching...
FreePress Article : AI Will Change What It Is to Be Human. Are We Ready? ...If you raise your children with the uncritical expectation that...
06.05.2025
Following up on an earlier post, Reciprocal tariffs as a tit-for-tat strategy in a repeated prisoners' dilemma From NY Times : Trump impos...
04.05.2025
While healthcare in Canada's single-payer health care system is technically free, its real price is measured in wait times. In 2023, the...
24.04.2025
Mansion Global : Before the palisades fires, a nearbySanta Monica property was listed at $15,000 per month. But afterwards, the landlord...
22.04.2025
WSJ : On Monday Mr. Trump demanded again that [the Federal Reserve] make “pre-emptive” interest rate cuts to avoid a slowdown. The Fed...
18.04.2025
The robotaxi business is getting another entrant, but also a different kind of entrant. Zoox , a decade old startup purchased by Amazon in 2...
16.04.2025
To prevent the spread of bird flu, 166 million birds were culled, most toward the end of 2024. Since the US typically has about 400 million...
15.04.2025
The Visual Capitalist produces many wonderful visualizations. This one displays how fast firms rise into and fall out of the the top US 10 ...
Google on the re-shoring response to 2018 Appliance Tariffs : In response to the 2018 U.S. tariffs on washing machines and other appliances...
05.04.2025
Trade policy has the characteristic of a Prisoners' Dilemma game: free trade is the best outcome (no tariffs), but that is not a Nash Equili...
02.04.2025
Only if you ask an ecologist . "We are using 50% more resources than the Earth can sustainably produce, and unless we change course, that ...
31.03.2025
Open Philanthropy's Progress and Growth Fund ...scientific and technological progress that creates ideas is the main driver of long-run ...
26.03.2025
From Bryan Caplan's Bet On It : “In their recent article,‘Why People Prefer Unequal Societies,’the psychologists Christina Starmans, Mark...