Daily Economy
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Why Uber’s Business Model May Not Be Viable
The sharing economy, fueled by the internet’s capacity to match small buyers and sellers, looks like a revolutionary business model. But for this model to be sustained, there must be a reliable source of long-term profits.
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The Economics of Paid Leave
The fact that the market does not supply as much paid leave as people would want if they did not have to pay full price for it is not a market failure; it’s a market success.
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Wealth Has Never Been More Equal
In terms of information access and the opportunity to learn and share knowledge, we’ve never been more rich and equal.
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Consumer Sentiment and New-Home Sales Post Gains
Consumer sentiment and new-home sales are showing gains, but the broad economic picture remains mixed. Continued expansion remains the most likely path, but caution is warranted.
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Kill The Boeing Bank Once and For All
From a political point of view, with Boeing so much in then news following two recent crashes and with many taking a hard look at all the ways the company may have benefited from government favoritism, it doesn’t seem like a good idea for any legislators to call for the revival the Bank of Boeing.
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Europe Wants to Keep Continent in the Technological Dark Ages
Whether governments are going after scooters, targeting Google for selling advertising space, or limiting consumers’ data access, it seems that not even Europeans’ eroding trust in government is enough to get them to rally against stifling innovation. Still, tech fights on.
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Slowing Growth Raises Questions
Real gross domestic product grew at a 2.2 percent annualized rate in the fourth quarter, with real private domestic demand rising 2.6 percent. High levels of uncertainty surrounding economic policy and global economic conditions combined with mixed economic data raise doubts about the current expansion.
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This Agency Might Wreck Internet Economics
Social media companies like Facebook obviously want to comply with the law, but they would also like to stay in business. That business depends fundamentally on targeting based on some demographic grounds. If a consistent application of non-discrimination law means that advertising has to become completely random to be compliant, Internet economics will experience the fate of…
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Fear Not the Inverted Yield Curve – Yet
Inverted yield curves may or may not predict recession. Will the Fed again cut rates to zero, piling new economic misallocations atop those which remain distorted by the previous decade of zero interest rates?
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Kierkegaard’s Parable of Two Artists
The very existence of wealth creation should fill us with awe, respect, and endless curiosity, as well as inspire within us a desire to celebrate and protect the institutions that make markets thrive.
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•
Why Uber’s Business Model May Not Be Viable
The sharing economy, fueled by the internet’s capacity to match small buyers and sellers, looks like a revolutionary business model. But for this model to be sustained, there must be a reliable source of long-term profits.
-
•
The Economics of Paid Leave
The fact that the market does not supply as much paid leave as people would want if they did not have to pay full price for it is not a market failure; it’s a market success.
-
•
Wealth Has Never Been More Equal
In terms of information access and the opportunity to learn and share knowledge, we’ve never been more rich and equal.
-
•
Consumer Sentiment and New-Home Sales Post Gains
Consumer sentiment and new-home sales are showing gains, but the broad economic picture remains mixed. Continued expansion remains the most likely path, but caution is warranted.
-
•
Kill The Boeing Bank Once and For All
From a political point of view, with Boeing so much in then news following two recent crashes and with many taking a hard look at all the ways the company may have benefited from government favoritism, it doesn’t seem like a good idea for any legislators to call for the revival the Bank of Boeing.
-
•
Europe Wants to Keep Continent in the Technological Dark Ages
Whether governments are going after scooters, targeting Google for selling advertising space, or limiting consumers’ data access, it seems that not even Europeans’ eroding trust in government is enough to get them to rally against stifling innovation. Still, tech fights on.
-
•
Slowing Growth Raises Questions
Real gross domestic product grew at a 2.2 percent annualized rate in the fourth quarter, with real private domestic demand rising 2.6 percent. High levels of uncertainty surrounding economic policy and global economic conditions combined with mixed economic data raise doubts about the current expansion.
-
•
This Agency Might Wreck Internet Economics
Social media companies like Facebook obviously want to comply with the law, but they would also like to stay in business. That business depends fundamentally on targeting based on some demographic grounds. If a consistent application of non-discrimination law means that advertising has to become completely random to be compliant, Internet economics will experience the fate of…
-
•
Fear Not the Inverted Yield Curve – Yet
Inverted yield curves may or may not predict recession. Will the Fed again cut rates to zero, piling new economic misallocations atop those which remain distorted by the previous decade of zero interest rates?
-
•
Kierkegaard’s Parable of Two Artists
The very existence of wealth creation should fill us with awe, respect, and endless curiosity, as well as inspire within us a desire to celebrate and protect the institutions that make markets thrive.