November 24, 2014
November 23, 2014
As an oligopoly, Nike uses limited edition sneakers, coveted by Sneakerheads, to compete because they create cache, a cool image, and eliminate discounting.
November 20, 2014
November 19, 2014
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.
November 18, 2014
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.
November 17, 2014
Cheap oil creates a tradeoff for GDP growth between a consumer spending more and oil producers cutting back on jobs and investment.
November 16, 2014
Economic reasoning that focuses on opportunity cost can be added to humane treatment in the list of reasons for eliminating pigs' gestation crates.
November 14, 2014
Cost-benefit analysis of assertiveness during negotiations reveals a lack of self-awareness that creates results that are less optimal than they could be.
November 11, 2014
Because we tend to abuse and overuse publicly shared resources, the result is a tragedy of the commons that includes China's air pollution.
November 9, 2014
A controversial policy that dates back to 1938, the nominal federal minimum wage has increased from $.25 to $7.25 and is higher in many states and cities.
November 6, 2014
Whether looking at a woman who needs close to $360 to pay her rent or a railroad that needs to be built, financial intermediaries are an economic necessity.
November 5, 2014
Guilty of probability neglect, we should listen to Warren Buffett's advice on investing and use cost/benefit analysis whenever emotions overwhelm logic.