Managerial Econ

Economic Analysis of Business Practice

Monday, August 31, 2015

How many Economists does it take to respond to a natural disaster?

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None, the market will do it; unless the Mississippi State Attorney General gets in the way.  
6 comments:

Auctions versus Posted Price

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The Economist is reporting that auctions are no longer the main way items are sold on Ebay. Current research indicates that only a fraction...
8 comments:
Thursday, August 27, 2015

China liquidates US treasuries to support yuan

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Running a trade surplus makes your currency stronger, and in the graph below, we see the yuan appreciating relative to the dollar, from rom ...
1 comment:
Thursday, August 20, 2015

PUZZLE: Graduate students are only 14% of total; but account for 40% of debt

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WSJ has the answer :  moral hazard Propelling the surge in grad-school debt is a welter of federal programs that make it easy for student...
2 comments:
Tuesday, August 18, 2015

PUZZLE: why do unions want the flexibility to opt out of minimum wage laws?

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The answer comes straight out of strategy : ...unions could advise companies that if they agree to labor representation, they can avoid pa...
1 comment:
Tuesday, August 11, 2015

CEO of Wendy's weighs in on Nashville mayoral race...

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...albeit indirectly. On last week’s call with securities analysts, Wendy’s CEO Emil Brolick was asked how he will respond to minimum wage...
9 comments:

Opening shot fired in currency war?

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China's unexpected devaluation of its currency lead to a decline in world wide stocks, global commodity prices, and and increase in US...
Sunday, August 9, 2015

Film premiere: India awakes

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We have blogged about the renaissance in India , driven by the institutions of capitalism: markets, free trade, private property, and de-r...
Friday, August 7, 2015

What will happen if Nashville introduces a $15 minimum wage?

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Snopes reports that McDonald's is exploring the use of kiosks in its stores for the following reasons: Fast food chains are explo...
10 comments:
Thursday, August 6, 2015

Repost: Avoid Bureaucratese

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Repost: avoid bureaucratese There is a temptation, especially when you have nothing substantive to say, to write in the passive voi...
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