Joe Biden has been the Democratic frontrunner for the entire 2020 primary until last when Elizabeth Warren surged in the polls and briefly became the frontrunner. Her momentum made it look like she was going to demolish all the other…
Blog Archives
The Democratic primary is a crapfest because of its design. Time for some intelligent design.
Posted in Pence2018, Public Finance
Best place to work: McDonald’s France
French people like to do things their own way. When they brought McDonald’s to their country, they customized it right down to the famous yellow on red logo that we have in the United States. In France, they like a…
Posted in Medianism
This month may be the best time in history to look for a job!
One of the oddities of the macroeconomy is the fact that GDP falls wildly every year in the beginning of winter. That means that there is a kind of recession every winter. It isn’t an official recession because everyone expects…
NPR thinks the average American looks like the average Trump supporter
Planet Money and the New York Times’ Ben Casselman teamed up to try to demonstrate that, “Mode, not average, is a better way to find the typical American.” They are wrong. Here is how they set up the issue: MALONE:…
Posted in Metrology
Big land
Bloomberg investigated the people that own the most land in America and this map of Maine speaks for itself: The report found that: The 100 largest owners of private property in the U.S., newcomers and old-timers together, have 40 million…
Posted in Public Finance
The occupation that tops them all
Claire Cain Miller at the New York Times gets the key issue with the gender pay gap: Flexible, predictable hours are the key — across occupations — to shrinking gender gaps, according to the body of research by Claudia Goldin, an economist at…
Amazon as a nonprofit
For most of Amazon’s history it made zero profit. That changed a couple years ago, but although its gross profit margin on revenues is now positive, it is still pretty negligible today. Amazon is a huge conglomerate these days, but…
Posted in Managerial Micro
