Celebrating humanity's flourishing through the spread of capitalism and the rule of law
28 Oct 2016 Leave a comment
in entrepreneurship, financial economics Tags: efficient markets hypothesis, entrepreneurial alertness
The Vice Fund, now called the Barrier Fund, is a mutual fund investing in companies that have significant involvement in, or derive a substantial portion of their revenues from the tobacco, gambling, defence/weapons, and alcohol industries. It continues to beat the market.
28 Oct 2016 Leave a comment
in entrepreneurship, financial economics Tags: active investing, efficient markets hypothesis, passive investing
24 Oct 2016 Leave a comment
in economic history, entrepreneurship, fisheries economics Tags: Apple, creative destruction, Microsoft
23 Oct 2016 Leave a comment
in applied price theory, development economics, economic history, economics of bureaucracy, entrepreneurship, growth miracles, industrial organisation, Public Choice, rentseeking, survivor principle Tags: industry policy. South Korea, picking winners
18 Oct 2016 Leave a comment
in applied price theory, entrepreneurship Tags: Robin Hanson, The Great Enrichment
11 Oct 2016 Leave a comment
in applied price theory, economic history, energy economics, entrepreneurship, industrial organisation, resource economics, survivor principle Tags: commodity prices, doomsday prophecies, endogenous growth theory, entrepreneurial alertness, Julian Simon, Paul Ehrlich
A 2011 blog post of mine on "the bet" rogerpielkejr.blogspot.com/2011/10/cornuc…
Attached a bigger bin of commodities & bet dates in red http://t.co/SC6HeuRwys—
Roger Pielke Jr. (@RogerPielkeJr) April 29, 2015
21 Sep 2016 Leave a comment
in applied price theory, discrimination, entrepreneurship, gender, labour economics Tags: entrepreneurial alertness, gender wage gap
21 Sep 2016 Leave a comment
in economics of regulation, entrepreneurship, industrial organisation, survivor principle Tags: creative destruction, entrepreneurial alertness, taxi regulation, Uber
I used Uber for the first time over the weekend. My car was towed away and a friend had the app on his phone. We used it to go to the tow away yard to pay the $275 release fee.
One of the things I noticed was the the driver could immediately use his GPS because it was pre-programmed by the booking.
When you book a regular cab, they do not know where you are going until they arrive. This is to stop drivers avoiding picking up short trips. It also means that they must know where they are going rather than waste time programming the GPS. Prior to the GPS, they simply had to know where everything was.
The Knowledge, knowledge of London streets necessary to qualify for a black cab License is so difficult that neurologists study the brains of black cabdrivers to see how they are different from others in memory capacity.
Uber destroyed the Knowledge in a wave of creative destruction by linking the app booking request to GPSs. No diver needs to know where anything because the destination and pickup points are both pre-programmed into their GPS.
18 Sep 2016 Leave a comment
in economics, entrepreneurship, environmental economics, health economics Tags: Anti-Science left, GMOs
12 Sep 2016 Leave a comment
in economics, economics of media and culture, entrepreneurship, industrial organisation Tags: Seinfeld, trade secrets
12 Aug 2016 Leave a comment
in economics of bureaucracy, entrepreneurship, industrial organisation, politics - New Zealand
If politicians and bureaucrats were any good at picking winners, they will be on a fabulously well paid package at a hedge fund.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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