Off-sheet accounting
For mid-week entertainment, this full-page ad appeared in the Wall Street Journal recently: The vertical axis says "% NYSE of All Market Share Volume". The time-line is from July 05 to beyond July 08....
View ArticleTim Wu on the new monopolists: a “last chapter” for The Master Switch
I reviewed Tim Wu's great history of media consolidation and regulatory capture The Master Switch earlier this month; now Tim says, "This piece I wrote for the Wall Street Journal is an important one....
View ArticleWorld Income Inequality
Here, courtesy of Catherine Rampell of Economix, is a remarkable chart from Branko Milanovic's book The Haves and Have Nots. Along the horizontal axis are within-country income percentiles running from...
View ArticleWhat happens in our brain when we see banknotes being ripped up? [Neuroscience]
Or, put another way, "Is our attitude to money like that to any other tool even though its use is symbolic and is not implemented in its physical structure?" More »
View ArticleI Got .99 Problems, But Pricing Ain’t One.
From research done the Inon Inon Pricing Research Centre, and Leigh Caldwell: Everyone knows – or thinks they know – that prices such as £1.99, £5.99 or £9.99 are optimal price points for retail goods....
View ArticleWhat happens if you respond to spam?
While doing some spam research a couple of years ago, we did a series of test purchases from spam e-mails. We bought pills, software, cigarettes, et cetera. We were a bit surprised that almost all of...
View ArticleBiofuels, Speculation Blamed for Global Food Market Weirdness
A new analysis of sudden rises in global food prices puts the blame on biofuel policy and mortgage-meltdown-style speculation, which may have fundamentally changed how food markets function. Many...
View ArticleThe Mexican Mafia
The Mexican Mafia is a fairly small prison gang (perhaps 150-300 made members) and it has significant operational control only within prisons in Southern California yet the Mexican Mafia is extremely...
View ArticleThe Mexican Mafia
The Mexican Mafia is a fairly small prison gang (perhaps 150-300 made members) and it has significant operational control only within prisons in Southern California yet the Mexican Mafia is extremely...
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