“I’m writing today, however, to ask you to look beyond the excitement of this opening week. I know it’s difficult to focus on trouble down the road with all the hysteria surrounding the weekend’s big Thrashers/Lightning matchup, but I’m afraid you’re still facing some serious challenges. Thanks to a functional but deeply imperfect revenue-sharing system, [...]
Filed under: Economics, Sports | 3 Comments »
I’ve always loved everyday economic explanations to simple little things that often we don’t notice. I found a great post over at Design Observer that mentions the milk carton situation (has to do with maximizing the space in refrigerated spaces, versus unrefrigerated soda – although carbonation may prove to be another answer that some of [...]
Filed under: Economics | Leave a Comment »
A post on strange maps has an interesting map that replaces US states with countries that have a similar GDP, so for example California is labeled France, Ohio as Australia, New York as Brazil. (Some of the comments, which are numerous, point out that the author is possibly way off on some of these so [...]
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Antitrust law has many goals, but mainly to ensure competition by preventing unfair monopolization as well as other uncompetitive practices such as collusion among business and price fixing. Under the federal antitrust laws mergers get scrutinized to see if too much of a particular market is going away, but as part of this analysis is [...]
Filed under: Business, Economics, Food, Law | 1 Comment »
Columbus Ohio may be good at creating chain restaurants and the insurance business, but it is not good at public transport. Of course with cheap gas flowing through its veins Columbus has sprawled and built countless highways and no one seemed to care – until now that is. Now that gas is riding up towards [...]
Filed under: Columbus, Economics, Editorial, Environment, Ohio, Trains | Leave a Comment »
Not talking about Monopoly here, actually an interesting article on Slate about the economics surrounding city parking, where metered spots and street parking are often provided well below the rate they really should go for. The article mentions how “Apparently it took until 2006 for someone to notice that the social cost of mandated free [...]
Filed under: Columbus, Economics, Misc | 1 Comment »
I love charities and people giving to charity, but being the cynical one I’m always happy to question the motives of people who give, the results of giving, etc., so with that said… you may remember a while back when the product red campaign started I made a post on the subject.Well since then apparently [...]
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That’s right, article in LA Times talked about how India is looking to outsource their Visa applications for visitors to a US company that would handle the processing of the documents, which are overwhelming the India government right now. I’ve never been really that against outsourcing of jobs, instead I always thought we should concentrate [...]
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The rumors had been flying for months that XM and rival Sirius would merge, and word is now out that such a deal is now underway. Of course this is very far from a sure thing as there is FCC approval needed, as well as antitrust clearance. Both XM and Sirius are aligned with certain [...]
Filed under: Business, Economics, Media, News | 5 Comments »
Last week I heard a story about (see and listen here at NPR.org) Wal-Mart hyping up CFLs and the big push they are going to be making in their stores. What is a CFL? They are compact flouresent lights, those funny looking lightbulbs with a twisty spiral of fluorescent tubes, but that fit in traditional [...]
Filed under: Economics, Environment, Misc, Tech | 6 Comments »
