December 8, 2014
With women's labor force participation rate having soared during the past 50 years, firms' attitude toward pregnancy has become a job discrimination issue.
December 7, 2014
When firms use research and development (R&D) for french fries and potato chips they create a springboard that Harvard's Clayton Christensen explains.
December 5, 2014
Tough to see now, General Motors was once an auto industry innovative economic pacesetter, with many of the characteristics we associate with Google.
December 4, 2014
Although coin and currency are costly to transport and secure, still, cash is a key component of the money supply that people use for low value payments.
December 2, 2014
Resulting in gender job discrimination and talent underutilization, past practice shapes future preference when choosing men as bosses and athletic coaches.
December 1, 2014
Displaying some pricing power, dynamic pricing on Amazon, for airlines, Uber and elsewhere recognizes and responds to changes in demand to maximize profits.
November 30, 2014
Following the law of supply, U.S. shale oil firms will lower output because OPEC is letting price plummet but airlines on demand side like lower prices.
November 27, 2014
Increasing income inequality by moving from communal farming to individual plots, Plymouth Colony Governor William Bradford changed income redistribution.
November 26, 2014
The power of OPEC as a cartel that controls oil prices through quotas on its members might be a myth.
November 25, 2014
A single statistic like the unemployment rate for Japan, the European Union and the U.S. can be misleading until we look more closely at what it represents.
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.