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Creative destruction
05 Feb 2024 Leave a comment
in economic history, entrepreneurship, industrial organisation, survivor principle Tags: creative destruction
Creative destruction
31 Jan 2024 Leave a comment
in entrepreneurship, industrial organisation, survivor principle Tags: creative destruction
Water metering – a small piece of silver buckshot
25 Jan 2024 Leave a comment
in economics of bureaucracy, environmental economics, industrial organisation, law and economics, politics - New Zealand, property rights, Public Choice, survivor principle Tags: economics of networks, privatization
Chris Parker at Treasury sometimes quips that there are no silver bullets for solving housing in NZ, only pieces of silver buckshot. Basically you’ve got to do a lot of things to solve the problem; any one of them on their own won’t do it. I was on RNZ’s The Panel yesterday afternoon (here, from around…
Water metering – a small piece of silver buckshot
Creative destruction
23 Jan 2024 Leave a comment
in economic history, economics of information, entrepreneurship, industrial organisation, survivor principle Tags: creative destruction
📸 Look at this post on Facebook
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Unfettered: Fishback 25 Years Later
17 Jan 2024 Leave a comment
in applied price theory, discrimination, economic history, economics of information, economics of regulation, health and safety, history of economic thought, human capital, industrial organisation, international economics, labour economics, labour supply, liberalism, macroeconomics, Marxist economics, minimum wage, occupational choice, occupational regulation, poverty and inequality, unemployment, unions
A quarter century ago, economist Price Fishback published “Operations of ‘Unfettered’ Labor Markets: Exit and Voice in American Labor Markets at the Turn of the Century” in the prestigious Journal of Economic Literature. Fishback’s article is packed with insight… and understatement. But let’s back up. Virtually every standard history textbook describes U.S. labor markets before…
Unfettered: Fishback 25 Years Later
Going Flat? Bud Light Sales Still Down 28 Percent as Consumers Continue Boycott
15 Jan 2024 1 Comment
in industrial organisation, liberalism, Marxist economics, politics - USA, survivor principle, theory of the firm Tags: Age of Enlightenment, free speech, political correctness, regressive left
Beer analysts are saying that Bud Light is still struggling with the boycott that has reduced its sale by a whopping 28% over the four weeks leading up to Dec. 9 — and heading to the all-important New Year’s sale period. The tragic irony for the company is that Alissa Heinerscheid, vice president of marketing…
Going Flat? Bud Light Sales Still Down 28 Percent as Consumers Continue Boycott
Are cities for tourists or residents?
03 Jan 2024 1 Comment
in economics of regulation, industrial organisation, transport economics, urban economics
And at what margin? A new ideological struggle is brewing, yet we have not yet recognized it as such. The question is to what extent cities are for tourists, or for their current residents. Here is a report from Vermont: A Vermont town known for its autumn foliage has closed its roads to the public […]
Are cities for tourists or residents?
Quotation of the Day…
01 Jan 2024 Leave a comment
in applied price theory, Austrian economics, behavioural economics, economic history, history of economic thought, human capital, industrial organisation, labour economics, labour supply, occupational choice Tags: capitalism and freedom, evolutionary psychology, The Great Enrichment
Tweet… is from my emeritus Nobel-laureate colleague Vernon Smith‘s splendid speech “Human Betterment Through Globalization,” delivered in September 2005 at the Irvington-on-Hudson then-headquarters of the Foundation for Economic Education: The challenge is that we all function simultaneously in two overlapping worlds of exchange. First, we live in a world of personal, social exchange based on…
Quotation of the Day…
Buick Dealers Fleeing the Net Zero EV Revolution
31 Dec 2023 Leave a comment
in energy economics, entrepreneurship, environmental economics, global warming, industrial organisation, survivor principle
“… we’ve given dealers who are not aligned with Buick’s future to exit voluntarily in a respectful and structured way …”
Buick Dealers Fleeing the Net Zero EV Revolution
Entrepreneurship
31 Dec 2023 Leave a comment
in economic history, entrepreneurship, industrial organisation, sports economics, survivor principle Tags: entrepreneurship
📸 Look at this post on Facebook
https://www.facebook.com/share/oodJT3KzFfpEQd4n/?mibextid=RXn8sy
24 Dec 2023 Leave a comment
in economics of media and culture, entrepreneurship, industrial organisation, movies, survivor principle, television Tags: creative destruction
The strategy that saved the NY Times
17 Dec 2023 Leave a comment
in economics of media and culture, industrial organisation, survivor principle Tags: political correctness, regressive left
Economist: The new New York Times was the product of two shocks – sudden collapse, and then sudden success. The paper almost went bankrupt during the financial crisis, and the ensuing panic provoked a crisis of confidence among its leaders. Digital competitors like the HuffPost were gaining readers and winning plaudits within the media industry as innovative. They were the…
The strategy that saved the NY Times
Creative destruction
13 Dec 2023 Leave a comment
in development economics, economic history, growth miracles, industrial organisation Tags: creative destruction
California dreaming no more
11 Dec 2023 Leave a comment
in applied price theory, comparative institutional analysis, economic growth, entrepreneurship, income redistribution, industrial organisation, labour economics, minimum wage, Public Choice, public economics Tags: California, Florida
Europe’s Largest Wind Farm Facing Bankruptcy
13 Nov 2023 Leave a comment
in energy economics, environmental economics, global warming, industrial organisation, survivor principle Tags: celebrity technologies, wind power
By Paul Homewood h/t Joe Public More bad news for the wind industry:. https://twitter.com/IntermittentNRG/status/1723692080801710475 What is different about this one is that the PPA forces the wind farm to buy power on the spot market, when the wind does not provide enough:
Europe’s Largest Wind Farm Facing Bankruptcy
Utopia, you are standing in it! 
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