With the music industry moving from CDs to streaming, firms like Spotify have created new supply and demand and new incentives for performers and providers.
It Ain’t Easy Being Pretty
When Job discrimination based on gender targets to women’s clothing, body type and make-up, it can relate to a dominant social group and patriarchal bias.
The Robots Are Taking Over! (Our Most Mundane Jobs)
Future job creation will involve non-routine cognitive jobs at the top and manually varied jobs at the bottom with less in the middle because of automation.
The Downside of Cheap Oil
Cheap oil creates a tradeoff for GDP growth between a consumer spending more and oil producers cutting back on jobs and investment.
Why Humane Treatment is Good Economics
Economic reasoning that focuses on opportunity cost can be added to humane treatment in the list of reasons for eliminating pigs’ gestation crates.
Our Weekly Roundup: From Bank Regulation to Water Taxation
This week’s everyday economics stories included minimum wage, price floors, cost-benefit analysis, behavioral economics, financial regulation and public goods.
In negotiations, better to be Goldilocks or a bear?
Cost-benefit analysis of assertiveness during negotiations reveals a lack of self-awareness that creates results that are less optimal than they could be.
Should Water Be Free?
Although protestors in Detroit and Ireland say water is a human right, economists, citing a definition of a public good and a tornado alarm, would disagree.
Dodd-Frank: When Is A Law Too Long To Obey?
With debated impact, a little more than half of the thousands of rules necessary for implementing the financial regulation in Dodd-Frank have been written.
A Rarely Mentioned Cause of China’s Air Pollution
Because we tend to abuse and overuse publicly shared resources, the result is a tragedy of the commons that includes China’s air pollution.
