Econ Autodidactic
There is only one true answer to any economic question: "It depends".
Tuesday, February 10, 2015
Somebody Ought To….
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I was reading something about the views of some tax payers on the right, who think the government is just an extractive institution....
Sunday, February 8, 2015
Economies of Scale Versus the Learning Curve
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As Besank et al note, there is a difference between economies of scale and the learning curve (81). With the learning curve, a company ...
Merger Happy: Lessons of ExxonMobil
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Standard Oil, Rockefeller’s oil conglomerate was broken up in 1911, into 34 separate companies (“About Us”). Two of those c...
Sunday, January 18, 2015
Levels of Control in Data Gathering
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In scientific data gathering, there are three different ways to find the data needed to look at the relationships being studied. These ...
Saturday, January 17, 2015
Bertrand Russell Deserves a Seat at Your Table: On Sceptical Essays
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I grabbed this book because it was in the Journal’s recommend books for year-end last year. I had read his “Why I am not a Christian,” and w...
Thursday, January 15, 2015
Median Versus Mean
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In my experience, there is a big difference in when the median or the mean is the most useful tool to look at when you want to find the...
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