Economics Tag Archive

Surge pricing is to alter demand and supply inbalance

(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...

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The Intangible Economy

(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...

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