Category: Economics

Rigging the auction?

“A gallerist and an economist walked into a bar an art gallery opening. …” High-end art is one of the most manipulated markets in the world “Would it work better with more regulation? Would that make art cheaper, more accessible…

Jobs, of the part-time kind

“Have people been commoditized? Of course not. But the ways people’s knowledge, skills and expertise get plugged into the workplace has been.” Prepare for the New Permanent Temp (HBR) to “facilitate faster, cheaper and easier contingent participation.” “It’s analogous to…

Mathematica demonstration — with numbers

Searching for quite some time, and it turns out the Marginal Revolution folks (appearing as textbook authors) had what I needed. taxes-subsidies (The Invisible Hand Resource Bank) Just looking for the code to include numbers like intersection points, not the demonstration…

The City in the city

“From the grocers to goldsmiths, the Square Mile has been the center of British business for as long as we have records.” Are Things Too Cozy In London’s ‘City’ Within A City? (NPR) “It has a very unusual democracy. Because so…

M&A and culture challenges

It was all about the tie. Big Acquisitions Can Fall Apart Over Tiny Details “Each day, we would eagerly await the arrival of the employees to see if any more had decided to join our movement by turning up to…

Point counterpoint on income inequality

The summer issue of the Journal of Economic Perspectives will feature a collection of articles on inequality and the top 1%, some of which are now being circulated by the authors. Intergenerational Mobility excerpt, with links to works in progress.