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vox.com June 6, 2017
Ben Bernanke explains what Donald Trump gets wrong on the economy

Donald Trump is at heart a nostalgia president, promising Americans the rebirth of a particularly iconic class of vanishing coal and factory jobs. “The mines are starting to open up,” he said last week, announcing he was pulling the United States out of a global climate accord.
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nytimes.com June 3, 2017
We May Be Closer to Full Employment Than It Seemed. That’s Bad News.

The May job numbers raise a depressing possibility: that this is as good as it will get for the United States labor market. At first glance, the new numbers seem like a bit of a mystery.
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nytimes.com June 5, 2017
The Doctor Is In. Co-Pay? $40,000.

SAN FRANCISCO — When John Battelle’s teenage son broke his leg at a suburban soccer game, naturally the first call his parents made was to 911. The second was to Dr. Jordan Shlain, the concierge doctor here who treats Mr. Battelle and his family.
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nytimes.com June 5, 2017
All Our Best Advice on Deciding Whether to Rent or Buy a Home

For more personal finance tips, sign up for the Your Money newsletter here. So you’re thinking of buying a home, perhaps your very first one. But you wonder whether you might be better off continuing to rent. And you have no idea how to figure out which choice makes more sense for you.
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qz.com June 3, 2017
Places that took in more US immigrants in the 19th century still benefit economically from it

In the late 19th century, immigrants came to the United States in droves. The absolute number of immigrants in the country rose from less than 2.5 million in 1850 to more than 13.5 million in 1910. That boosted immigrants as a share of the population to 15%, from 10%, over the period.
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nytimes.com June 3, 2017
Economic Fallout of Climate Move? It Depends on How We Value Time

President Trump’s decision to abandon the Paris climate accord — and his broader unwillingness to fight climate change — will have broad economic consequences. Exactly what those consequences will be, though, depends on many things.
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city-journal.org April 17, 2017
Not Quite Rational Man

For more than a century, neoclassical theory dominated economic thinking.
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project-syndicate.org June 6, 2017
The Global Recovery’s Downside Risks

NEW YORK – For the past two years, the global economy has been growing, but it has swung between periods of rapid expansion and deceleration. During this period, two episodes, in particular, caused US and global equity prices to fall by about 10%.
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medium.com June 2, 2017
Economics of Initial Coin Offerings

This article is a thought experiment intended to shed light on several important aspects of Initial Coin Offerings (ICOs) and the economics of “Appcoins”. However, before proceeding we would first like to make the reader aware of a little known gambling phenomenon known as Pachinko.
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nytimes.com June 2, 2017
Using Economics to Address Inequality and Poverty

Margaret Simms, 70, is an economist at the Urban Institute in Washington. Q. What do you do at the Urban Institute?
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stratechery.com April 19, 2017
Facebook and the Cost of Monopoly

The shamelessness was breathtaking. You may have noticed that we rolled out some cameras across our apps recently. That was Act One. Photos and videos are becoming more central to how we share than text. So the camera needs to be more central than the text box in all of our apps.
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economist.com March 25, 2015
NIMBYs in the twenty-first century

SINCE the publication of "Capital in the Twenty-First Century", Thomas Piketty has won many plaudits for his work on inequality. The book has so far sold more than 1.5m copies. Its arguments have been praised by Nobel-prize winners and politicians alike.
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voxeu.org March 1, 2017
The contemporary shadow of the Scramble for Africa

The Scramble for Africa has contributed to economic, social, and political underdevelopment by spurring ethnic-tainted civil conflict and discrimination and by shaping the ethnic composition, size, shape and landlocked status of the newly independent states.
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voxeu.org April 8, 2017
The ideas of Kenneth Arrow : VOX, CEPR’s Policy Portal

Kenneth Arrow, co-recipient of the 1972 Nobel Memorial Prize in Economic Sciences, passed away in February. This column outlines the ideas of one of the transcendent minds in the history of economics.
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medium.com April 21, 2016
The Pain You Feel is Capitalism Dying

It can be very confusing to know that you won’t find a decent job, pay off student loans or put in a down payment on a house in the next few years — even though you may have graduated from a top-tier university or secured glowing references from all those unpaid internships that got you to w
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evonomics.com April 8, 2016
They Don't Just Hide Their Money. Economist Says Most of Billionaire Wealth is Unearned.

The 62 richest people in the world own as much wealth as half of humanity. Such extreme wealth conjures images of both fat cats and deserving entrepreneurs. So where did so much money come from? It turns out, three-fourths of extreme wealth in the US falls on the fat cat side.
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vox.com May 4, 2017
William Baumol, whose famous economic theory explains the modern world, has died

William Baumol — an economist who just died at the age of 95 — had a famous idea, commonly known as Baumol’s cost disease, that explains a lot about our modern world.
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evonomics.com November 4, 2016
Why You Should Blame The Economics Discipline For Today's Problems

By John T. Harvey We are experiencing deep economic problems and it is the fault of the economics discipline. Their macro theories suck. But, there is no mechanism forcing it to alter its models when they don’t appear to work.
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economist.com July 23, 2016
Secrets and agents

IN 2007 the state of Washington introduced a new rule aimed at making the labour market fairer: firms were banned from checking job applicants’ credit scores.
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businessinsider.com June 26, 2014
9 Schools Of Economics Explained On A One-Page Cheat Sheet

From the man who bought you "the shortest economic textbook in the world"; and "13 things Economists won't tell you", here is Ha-Joon Chang's ultimate pocket guide to the differences (and similarities) between all the economic schools of thought.
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rodrik.typepad.com May 7, 2013
What is wrong (and right) in economics?

The World Economics Association recently interviewed me on the state of economics, inquiring about my views on pluralism in the profession. You can find the result on the WEA's newsletter here (the interview starts on page 9). I reproduce it below. 1.
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evonomics.com November 19, 2016
How Economists Duped Us into Attacking Capitalism Instead of Parasitic Rent-Seeking

Have you ever heard of the term “economic rent”? No? That’s probably because of the greatest political coup in the history of our republic.
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1,399 saves
medium.com July 10, 2016
Machine Money and People Money

At the outset of the Great Depression, John Maynard Keynes penned a remarkable economic prognostication: that despite the ominous storm that was then enfolding the world, mankind was in fact on the brink of solving “the economic problem” — that is, the quest for daily subsistence.
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wsj.com October 26, 2016
The Biggest Money Mistakes We Make—Decade by Decade

Our relationship to money changes as we get older. So do the mistakes that we make with it. Every new stage of life brings new financial strategies we need to follow. And at every stage we find new ways not to follow those strategies, costing ourselves money and jeopardizing our security.
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bostonreview.net May 12, 2017
Why Are Economists Giving Piketty the Cold Shoulder?

When it was first published in English in the spring of 2014, Thomas Piketty’s book Capital in the Twenty-First Century was a surprising bestseller.
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medium.com April 3, 2013
The Bitcoin Bubble and the Future of Currency

A few days ago, the value of all the bitcoins in the world blew past $1 billion for the first time ever. That’s an impressive achievement, for a purely virtual currency backed by no central bank or other authority.
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theguardian.com October 11, 2015
Don’t let the Nobel prize fool you. Economics is not a science

Business as usual. That will be the implicit message when the Sveriges Riksbank announces this year’s winner of the “Prize in Economic Sciences in Memory of Alfred Nobel”, to give it its full title.
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washingtonpost.com September 16, 2013
This 4×6 index card has all the financial advice you’ll ever need

Think managing your finances has to be complicated? Wonkblog contributor (and UC Chicago social scientist) Harold Pollack doesn't. After a talk with personal finance expert Helaine Olen, Pollack managed to write down pretty much everything you need to know on a 4x6 index card.
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theminskys.org May 21, 2017
Doughnut Economics – Grab a pencil, draw a doughnut!

Many of us know we need to rethink economics, but Kate Raworth actually did it. Envisioning the economy as a doughnut, two boundaries become clear. If we fall into the doughnut’s middle hole, human needs fail to be met. If we drop off of the outer edge, life is unsustainable.
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ineteconomics.org April 20, 2017
America is Regressing into a Developing Nation for Most People

You’ve probably heard the news that the celebrated post-WW II beating heart of America known as the middle class has gone from “burdened,” to “squeezed” to “dying.” But you might have heard less about what exactly is emerging in its place.
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thenation.com November 17, 2016
Why Do White Working-Class People Vote Against Their Interests? They Don’t.

In 2011, Ohio voters repealed Senate Bill 5, an attack on collective-bargaining rights.
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voxeu.org January 14, 2017
Ego trips to the grave

Figure 2 summarises our key results. Good pilots – those whose average monthly victory score put them in the top 20% of the distribution – on average improved their victory score by 50%, from less than two to more than three a month, when the successes of their former peers were advertised.
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blogs.valvesoftware.com June 14, 2012
IT ALL BEGAN WITH A STRANGE EMAIL

It was late at night in October of last year when the strange email arrived. In fact, I only read it by accident and did not delete it by some miracle of fate.
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evonomics.com July 15, 2017
Economist J. W. Mason: “When We Turn to Concrete Economic Questions, There Isn’t Really a ‘Mainstream’ at All.”

By J. W. Mason I’ve felt for a while that most critiques of economics miss the mark. They start from the premise that economics is a systematic effort to understand the concrete social phenomena we call “the economy,” an effort whose methods unfortunately are unsound.
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1,066 saves
economist.com December 8, 2014
Why the oil price is falling

THE oil price has fallen by more than 40% since June, when it was $115 a barrel. It is now below $70. This comes after nearly five years of stability.
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theguardian.com April 6, 2017
Old economics is based on false ‘laws of physics’ – new economics can save us

It is time to ditch the belief that economies obey rigid mechanical rules, which has widened inequality and polluted our planet. Economics is evolving It is time to ditch the belief that economies obey rigid mechanical rules, which has widened inequality and polluted our planet.
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bbc.co.uk March 24, 2014
Did Hyman Minsky find the secret behind financial crashes?

American economist Hyman Minsky, who died in 1996, grew up during the Great Depression, an event which shaped his views and set him on a crusade to explain how it happened and how a repeat could be prevented, writes Duncan Weldon.
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blog.priceonomics.com
Are Bitcoins The Future?

Amid bank bailouts and global recession, an unknown hacker operating under the false name Satoshi Nakamoto released an open-source code for a global, digital currency in January 2009.
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lifehacker.com January 5, 2016
Cheap Clothes Are Too Expensive: Buy Quality Instead

Quality clothes last longer for the money you spend, they’re more comfortable, and they make you look and feel pretty good while you wear them. Best of all, you can find quality anywhere. It comes down to buying less mediocre stuff and using that money on a few nice things that last forever.
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theguardian.com September 19, 2016
It’s time to junk the flawed economic models that make the world a dangerous place

Mainstream economics is terrible at understanding the reality of human behaviour. Now, even the respected thinker Paul Romer is calling for change It’s 26 years since Paul Romer shook the discipline of economics with a single research paper.
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evonomics.com August 20, 2016
What is New Economic Thinking?

The financial collapse of 2007/08 and the subsequent deep recession and sluggish recovery have left huge scars on the global economy. In the UK, the government is grappling with an unprecedented budget deficit and unemployment is over 1 million higher than it was before the recession.
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363 saves
fastcompany.com March 30, 2015
The Science Of Why You Should Spend Your Money On Experiences, Not Things

Most people are in the pursuit of happiness. There are economists who think happiness is the best indicator of the health of a society. We know that money can make you happier, though after your basic needs are met, it doesn’t make you that much happier.
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28,055 saves
nybooks.com August 13, 2015
What Is Wrong with the West’s Economies?

What Is Wrong with the West’s Economies? August 13, 2015 Issue What is wrong with the economies of the West—and with economics? It depends on whether we are talking about the good or the just.
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1,553 saves
economist.com October 22, 2014
Why the German economy is in a rut

IN THE second quarter of this year the German economy shrank by 0.2%. Economists expect it to contract again in the third quarter, meaning that the economy will technically be in recession. Some believe that the economy will not grow until the middle of next year.
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508 saves
economist.com December 3, 2016
The dire consequences of India’s demonetisation initiative

SUPPOSE that one day the government of a large and fast-growing economy became convinced that its highest priority was to purge the country of black-economy millionaires hoarding piles of illicit cash.
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washingtonpost.com October 5, 2016
America’s ‘quiet catastrophe’: Millions of idle men

The “quiet catastrophe” is particularly dismaying because it is so quiet, without social turmoil or even debate.
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14,823 saves
econlib.org
"The Use of Knowledge in Society"

What is the problem we wish to solve when we try to construct a rational economic order? On certain familiar assumptions the answer is simple enough.
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1,028 saves
theguardian.com July 29, 2013
Orthodox economists have failed their own market test

Students are demanding alternatives to a free-market dogma with a disastrous record. That's something we all need From any rational point of view, orthodox economics is in serious trouble.
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224 saves
theguardian.com January 19, 2017
How statistics lost their power – and why we should fear what comes next

In theory, statistics should help settle arguments. They ought to provide stable reference points that everyone – no matter what their politics – can agree on.
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economist.com December 20, 2016
Our Schumpeter columnist pens a dark farewell

IT WAS in 1942 that Joseph Schumpeter published his only bestseller, “Capitalism, Socialism and Democracy”. The book was popular for good reason. It was a tour de force of economics, history and sociology. It coined memorable phrases such as “creative destruction”.
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simulacrum.cc July 10, 2013
Three trends that will create demand for an Unconditional Basic Income

The digitization of our economy will bring with it a new generation of radical economic ideologies, of which Bitcoin is arguably the first. For those with assets, technological savvy, and a sense of adventure, the state is the enemy and a cryptographic currency is the solution.
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1,017 saves
nakedcapitalism.com November 30, 2016
Can Uber Ever Deliver? Part One – Understanding Uber’s Bleak Operating Economics

This is Naked Capitalism’s special fundraiser, to fight a McCarthtyite attack against this site and 200 others by funding legal expenses and other site support.
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4,046 saves
economist.com September 4, 2016
The relationship between trade and wages

This week “The Economist explains” is given over to economics. For each of six days until Saturday this blog will publish a short explainer on a seminal idea. DOES trade hurt wages? Or, more precisely, do imports from low-wage economies hurt workers in high-wage ones? Many people assume so.
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economist.com December 20, 2014
Why is everyone so busy?

THE predictions sounded like promises: in the future, working hours would be short and vacations long. “Our grandchildren”, reckoned John Maynard Keynes in 1930, would work around “three hours a day”—and probably only by choice.
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bloomberg.com January 5, 2017
5 Economics Terms We All Should Use

Every year, the Edge Foundation asks a bunch of scientists one interesting question.
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fivethirtyeight.com April 19, 2017
How ‘Qi’ And ‘Za’ Changed Scrabble

I had a grand plan, dear reader. I planned to shed quantitative light on the problem of income inequality. And I planned to do it with a million games of web-scraped Scrabble tournament data.
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417 saves
bloomberg.com April 27, 2016
End of Golden Era for Investors Spells Troubles for Millennials

Turning 30 just got a lot scarier. So says the research arm of McKinsey & Co. in a new report that argues that investors of all ages need to resign themselves to diminished gains.
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washingtonpost.com October 3, 2015
The smartest economist you’ve never heard of

ILE DE RE, France — When David Lipton, a promising economist, was finishing his graduate work at Harvard in the early 1980s, he faced one of those potentially life-changing choices.
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idlewords.com
Remarks at the SASE Panel On The Moral Economy of Tech

This is the text version of remarks I gave on June 26, 2016, at a panel on the Moral Economy of Tech at the SASE conference in Berkeley. The other panel participants were Kieran Healy (whose remarks are here), Stuart Russell and AnnaLee Saxenian.
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nytimes.com January 1, 2016
Hitting China’s Wall

All economic data are best viewed as a peculiarly boring genre of science fiction, but Chinese data are even more fictional than most.
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nytimes.com April 29, 2016
Why Is Productivity So Weak? Three Theories

More than 151 million Americans count themselves employed, a number that has risen sharply in the last few years. The question is this: What are they doing all day? Because whatever it is, it barely seems to be registering in economic output. The number of hours Americans worked rose 1.
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theguardian.com May 11, 2017
America has become so anti-innovation – it's economic suicide

The fall of Juicero isn’t just entertaining tech industry stupidity – it’s the sign of a country refusing to break new ground The fall of Juicero isn’t just entertaining tech industry stupidity – it’s the sign of a country refusing to break new ground If you’ve used the in
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economist.com December 24, 2016
The art and science of economics at Cambridge

IN 1924 John Maynard Keynes, who invented macroeconomics, used a biographical essay about his mentor Alfred Marshall to muse on the qualities of a good economist. He must be mathematician, historian, statesman, philosopher—in some degree. He must understand symbols and speak in words.
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theguardian.com December 7, 2013
David Simon: 'There are now two Americas. My country is a horror show'

The creator of The Wire, David Simon, delivered an impromptu speech about the divide between rich and poor in America at the Festival of Dangerous Ideas in Sydney, and how capitalism has lost sight of its social compact. This is an edited extract • Lanre Bakare: Go home, David Simon.
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11,379 saves
economist.com March 9, 2013
The rise of the sharing economy

LAST night 40,000 people rented accommodation from a service that offers 250,000 rooms in 30,000 cities in 192 countries. They chose their rooms and paid for everything online. But their beds were provided by private individuals, rather than a hotel chain.
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evonomics.com August 27, 2016
Economists Should Stop Defending Milton Friedman's Pseudo-science

By George H. Blackford “Consider the problem of predicting the shots made by an expert billiard player.
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fastcompany.com March 15, 2016
Welcome To The Post-Work Economy

If the goal of the economy is to provide decent-paying work for everyone, that economy clearly isn’t doing a good job at the moment. Real wages for most Americans haven’t increased in 40 years. Real unemployment–which includes the “under-employed”–is above 10%.
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20,488 saves
theguardian.com July 17, 2015
The end of capitalism has begun

Without us noticing, we are entering the postcapitalist era. At the heart of further change to come is information technology, new ways of working and the sharing economy. The old ways will take a long while to disappear, but it’s time to be utopian
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nytimes.com February 10, 2017
The Major Blind Spots in Macroeconomics

There was an unusual degree of consensus among economists about what would happen if Britain voted for Brexit in the referendum on June 23 last year.
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bloomberg.com April 17, 2017
How the Six-Hour Workday Actually Saves Money

In February, after almost two years worth of six-hour workdays, nurses at the Svartedalens elderly care facility in Gothenburg, Sweden went back to eight hour shifts—despite recently published research showing the benefits of the shortened workdays.
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14,338 saves
economist.com August 11, 2016
Where does the buck stop?

AT THE height of the euro crisis, with government-bond yields soaring in several southern European countries and defaults looming, the European Central Bank and the healthier members of the currency club fended off disaster by offering bail-outs.
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thenation.com May 8, 2017
The Rock-Star Appeal of Modern Monetary Theory

In early 2013, Congress entered a death  struggle—or a debt struggle, if you will—over the future of the US economy.
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3,244 saves
economist.com November 9, 2016
The economic consequences of Donald Trump

FROM late January, Donald Trump will have all the authority of the American executive, and the support of a unified Republican Congress, behind him. He will, therefore, be in a position to deliver profound and lasting change.
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theguardian.com April 12, 2017
Finally, a breakthrough alternative to growth economics – the doughnut

So what are we going to do about it? This is the only question worth asking. But the answers appear elusive.
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economist.com November 22, 2016
The hole at the heart of economics

AMERICA has a debt ceiling. It’s a statutory limit on how much debt the federal government can issue. For most of its existence (the ceiling will turn 100 next year) Congress has simply voted to raise the limit when borrowing threatens to hit it.
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aeon.co February 16, 2017
How Europe became so rich

How and why did the modern world and its unprecedented prosperity begin? Learned tomes by historians, economists, political scientists and other scholars fill many bookshelves with explanations of how and why the process of modern economic growth or ‘the Great Enrichment’ exploded in wester
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20,705 saves
singularityhub.com November 19, 2015
No Job Is Safe, But These Skills Will Always Be Valued in the Workplace

From time to time, the Singularity Hub editorial team unearths a gem from the archives and wants to share it all over again. It's usually a piece that was popular back then and we think is still relevant now. This is one of those articles. It was originally published . We hope you enjoy it!
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economist.com May 5, 2014
Thomas Piketty’s “Capital”, summarised in four paragraphs

It is the economics book that took the world by storm. Capital in the Twenty-First Century, written by the French economist Thomas Piketty, was published in French in 2013 and in English in March 2014.
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fivethirtyeight.com July 15, 2016
What Will We Be Worrying About In 2046?

This is In Real Terms, a column analyzing the week in economic news. Comments? Criticisms? Ideas for future columns? Email me, or drop a note in the comments.
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316 saves
nakedcapitalism.com December 1, 2016
Can Uber Ever Deliver? Part Two: Understanding Uber’s Uncompetitive Costs

This is Naked Capitalism’s special fundraiser, to fight a McCarthtyite attack against this site and 200 others by funding legal expenses and other site support.
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796 saves
nytimes.com September 2, 2009
How Did Economists Get It So Wrong?

It’s hard to believe now, but not long ago economists were congratulating themselves over the success of their field. Those successes — or so they believed — were both theoretical and practical, leading to a golden era for the profession.
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1,680 saves
bloomberg.com November 18, 2016
The Rebel Economist Who Blew Up Macroeconomics

Paul Romer says he really hadn’t planned to trash macroeconomics as a math-obsessed pseudoscience. Or infuriate countless colleagues. It just sort of happened. His intention actually had been to write a paper that would celebrate advances in the understanding of what drives economic growth.
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997 saves
slate.com September 30, 2014
The Self-Made Man

In 1990, Susan Orlean published a book called Saturday Night, in which she set out to document how Americans spend their weekly reprieve from work. “Saturday night,” she wrote, “is when you want to do what you want to do and not what you have to do.
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nytimes.com April 26, 2017
Why Are Corporations Hoarding Trillions?

There is an economic mystery I’ve been struggling to understand for quite some time, and I’m not the only one who’s confused: Among financial experts, it is often referred to as a conundrum, a paradox, a puzzle. The mystery is as follows: Collectively, American businesses currently have $1.
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17,297 saves
bostonreview.net July 15, 2015
Training for Neoliberalism

Misbehaving: The Making of Behavioral Economics Richard Thaler W. W. Norton & Company, $27.95 (Cloth) In its early days, behavioral economics was focused on documenting human deviance from rational action.
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375 saves
salon.com June 1, 2014
David Graeber: “Spotlight on the financial sector did make apparent just how bizarrely skewed our economy is in terms of who gets rewarded”

David Graeber is an American anthropologist who teaches at the London School of Economics. He is the author of the classic “Debt: The First Five Thousand Years” and played an important role in the launching of Occupy Wall Street.
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4,342 saves
washingtonpost.com May 23, 2017
Want to rescue rural America? Bust monopolies.

Since President Trump’s election, much has been made of his rural, heartland voters, and how politicians can better serve them, with most discussion centering on international trade and globalization.
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economist.com May 7, 2016
The coming debt bust

CHINA was right to turn on the credit taps to prop up growth after the global financial crisis. It was wrong not to turn them off again. The country’s debt has increased just as quickly over the past two years as in the two years after the 2008 crunch.
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economist.com October 15, 2017
Nash's Nobel prize

IT SOUNDS like a sports fan's dream. In Stockholm on October 11th, three men shared a $1m prize for their skill at analysing games. They are not television pundits, or armchair critics of Manchester United or the Miami Dolphins, but economists.
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1,345 saves
fivethirtyeight.com October 21, 2016
The Weird Economics Of Ikea

Ikea is a behemoth. The home furnishing company uses 1 percent of the planet’s lumber, it says, and the 530 million cubic feet of wood used to make Ikea furniture each year pulls with its own kind of twisted gravity.
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aeon.co June 7, 2012
The new astrology

Since the 2008 financial crisis, colleges and universities have faced increased pressure to identify essential disciplines, and cut the rest.
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11,366 saves
nytimes.com November 6, 2014
Scots, What the Heck?

Next week Scotland will hold a referendum on whether to leave the United Kingdom.
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1,762 saves
inc.com March 17, 2017
Want to Be Rich? Change This

Have you ever stopped to think about your beliefs around money? She said that it all starts with your "money story".
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2,535 saves
economist.com March 12, 2015
Why China's economy is slowing

CHINA has cut its growth target for 2015 to 7%, which would be the slowest expansion in more than two decades. Data this week show it will be a stretch to hit even that. This might not seem much to fret about. Even at its subdued current rate, China's growth is still the envy of most countries.
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707 saves
nakedcapitalism.com December 5, 2016
Can Uber Ever Deliver? Part Four: Understanding That Unregulated Monopoly Was Always Uber’s Central Objective

Yves here. To underscore the point that Hubert Horan is making, you can’t achieve a monopoly if you are a high cost producer who has no prospect of achieving economies of scale or scope in a field with few barriers to entry.
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686 saves
fastcoexist.com May 27, 2015
Defining The Sharing Economy: What Is Collaborative Consumption—And What Isn't?

This year, the term "sharing economy" was introduced into the Oxford English Dictionary, proof—not that we need it—that the sharing economy as an idea is here to stay.
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306 saves
digg.com May 12, 2017
Why Airline Classes Are Priced The Way That They Are

72 diggs Aviation Explainer Business Economics Video The vast majority of an airline's revenue comes from a minority of their customers.
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521 saves
hbr.org November 17, 2016
The Simple Economics of Machine Intelligence

The year 1995 was heralded as the beginning of the “New Economy.” Digital communication was set to upend markets and change everything. But economists by and large didn’t buy into the hype. It wasn’t that we didn’t recognize that something changed.
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businessinsider.com September 11, 2015
3 ways you can learn economics without going back to school

It's a familiar situation for lots of people, especially since the financial crisis: you want to know more about economics. MIT's Principles of Microeconomics course is chopped into 26 videos of between 45 and 50 minutes, and it's all available on YouTube.
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