Creative destruction
02 Dec 2024 Leave a comment
in economic history, economics of media and culture Tags: creative destruction
The Great Enrichment
30 Nov 2024 Leave a comment
in economic history, economics of media and culture Tags: creative destruction, The Great Enrichment
Creative destruction
04 Nov 2024 Leave a comment
in economic growth, economic history, industrial organisation, macroeconomics, survivor principle Tags: creative destruction, The Great Enrichment
Scott Alexander on the Progress Studies conference
25 Oct 2024 Leave a comment
in applied price theory, economic growth, economic history, economics of climate change, economics of regulation, energy economics, entrepreneurship, environmental economics, environmentalism, global warming, liberalism, macroeconomics Tags: creative destruction
Here is one excerpt: Over-regulation was the enemy at many presentations, but this wasn’t a libertarian conference. Everyone agreed that safety, quality, the environment, etc, were important and should be regulated for. They just thought existing regulations were colossally stupid, so much so that they made everything worse including safety, the environment, etc. With enough political will, […]
Scott Alexander on the Progress Studies conference
RCA TR-4 Television Video Recorder advertisement, 1966.
24 Oct 2024 Leave a comment
in economic history, industrial organisation Tags: creative destruction
What planet are they on?
09 Oct 2024 Leave a comment
in applied price theory, economics of media and culture, economics of regulation, entrepreneurship, industrial organisation, law and economics, politics - New Zealand, property rights, survivor principle Tags: creative destruction, legacy media
New Zealand’s newspaper chiefs’ views on how the Fair Digital News Bargaining Bill works is somewhat at odds with the text of the Bill. Google today, admirably, said they’ll stop linking to New Zealand news outlets in search if the Bill goes ahead. News Publishers’ Association’s Andrew Holden and Stuff’s Sinead Boucher aren’t happy about that. But…
What planet are they on?
Creative destruction again
28 Sep 2024 Leave a comment
in applied price theory, industrial organisation, labour economics, labour supply, managerial economics, occupational choice, organisational economics, personnel economics Tags: creative destruction, economics of pandemics
Love the backpack
14 Sep 2024 Leave a comment
in economic history, economics of media and culture Tags: creative destruction
Creative destruction
03 Sep 2024 Leave a comment
in economic history, entrepreneurship, financial economics, industrial organisation, survivor principle Tags: creative destruction
It is wonderful to put inefficient firms out of business
31 Aug 2024 1 Comment
in applied price theory, econometerics, economic history, entrepreneurship, history of economic thought, industrial organisation, survivor principle Tags: creative destruction
The differences between the most and least productive companies can be startlingly high. By one estimate, in the US alone the most productive firms in a sector can be more than two to four times more cost-effective than the least productive ones. Given the size of those discrepancies, any expansion of trade or innovation that makes […]
It is wonderful to put inefficient firms out of business
Fashionable backpack and a 1 year warranty too (1985)
22 Aug 2024 Leave a comment
in economic history, industrial organisation Tags: creative destruction, Great Enrichment
Telephone Operators: The Elimination of a Job
20 Aug 2024 Leave a comment
in economic growth, economic history, gender, history of economic thought, industrial organisation, labour economics, labour supply, macroeconomics, market efficiency, occupational choice, survivor principle, unemployment Tags: creative destruction
My tradition on this blog is to take a break (mostly!) from current events in the later part of August. Instead, I pre-schedule daily posts based on things I read during the previous year about three of my preoccupations: economics, editing/writing, and academia. With the posts pre-scheduled, I can then relax more deeply when floating…
Telephone Operators: The Elimination of a Job
The Creation of Ride-sharing and the Creativity of Markets
10 Aug 2024 Leave a comment
in applied price theory, econometerics, economic history, economics of regulation, income redistribution, industrial organisation, labour economics, labour supply, law and economics, occupational choice, politics - USA, property rights, Public Choice, public economics, regulation, rentseeking, survivor principle, theory of the firm Tags: barriers to entry, creative destruction, taxi regulation
The idea behind Uber first arose, the story goes, on a snowy evening in Paris back around 2008, when Travis Kalanick and Garrett Camp found themselves stuck in Paris on a snowy evening, unable to find a taxi. They wondered “What if you could request a ride simply by tapping your phone?” They co-founded Uber based…
The Creation of Ride-sharing and the Creativity of Markets
Utopia, you are standing in it! 
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