(Excerpt from Modern Monopolies by Alex Moazed and Nicholas L. Johnson) Uber’s “surge pricing”—dynamic pricing that rises in response to high demand—is a direct attempt to balance supply and demand. Surge...
October 18, 2020|
(Excerpt from Capitalism Without Capital by Jonathan Haskel and Stan Westlake) The type of investment that has risen inexorably is intangible: investment in ideas, in knowledge, in aesthetic content, in software, in...
September 8, 2019|