economics   105470

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Warum wir nicht in der (Euro)Falle stecken « Herdentrieb
Sehr wahrscheinlich hat das auch etwas mit dem Euro zu tun, denn die Auslandforderungen der Deutschen stiegen seit Einführung der gemeinsamen Währung besonders stark. Es ist diskurstheoretisch interessant, dass diejenigen, für die die Stärkung der Binnennachfrage und die Abkehr von der Exportabhängigkeit linkskeynesianisches Teufelszeug ist – wie die Wirtschaftsredaktion der FAZ – nun plötzlich die Konsequenzen eben jener Exportabhängigkeit nicht akzeptieren wollen. Der Schlamassel wäre wesentlich kleiner, wenn wir zwischendrin statt auf Hans-Werner Sinn (der vor nicht langer Zeit noch vor der “nachlassenden Wettbewerbsfähigkeit der deutschen Wirtschaft” warnte und über den Untergang des Produktionsstandortes D sinnierte) auch einmal auf Oskar Lafontaine gehört hätten.
economics  politics  eurocrisis  germany 
2 hours ago by jgre
The Pope is Apparently not a Republican
The world of finance, while necessary, no longer represents an instrument that favours our well-being or the life of mankind, instead it has become an oppressive power, that almost demands our adoration, mammon, the false divinity that truly dominates the world.
economics 
3 hours ago by vscarpenter
Why People Are Irrational about Politics
Abstract: I look for explanations for the phenomenon of widespread, strong, and persistent disagreements about political issues. The best explanation is provided by the hypothesis that most people are irrational about politics and not, for example, that political issues are particularly difficult or that we lack sufficient evidence for resolving them. I discuss how this irrationality works and why people are especially irrational about politics.
economics  politics 
4 hours ago by jhowell
Rent Control, Arnold Kling | EconLog | Library of Economics and Liberty
Beggs had merely cited the IGM poll of economists on rent control, which asked nearly 40 economists from Acemoglu to Zingales and found that all of them disagree with the proposition that "have had a positive impact over the past three decades on the amount and quality of broadly affordable rental housing in cities that have used them." Obviously, she needs to defer to the greater wisdom of Peter Dorman. Shame on her.
economics  regulation 
6 hours ago by tektrader
The Amazing Power of Deflationary Economics for Startups
Does your product dramatically reduce costs in an industry with large incumbents and fat margins?
Can you provide a narrowly focused product to a niche of that market who will be attracted to dramatically lower costs?
As your business grows can you find ways to continually lower your costs by whatever means?
I would also think about how you use scale to your advantage to keep margins low.

Are you offering a product where the supply costs will continue to drop precipitously? (think Amazon’s Storage costs)
Are there alternative ways to monetize your product where incumbent are not? (think virtual goods of Zynga, ad supported models, freemium models)
Are there ways to offer super low margins on your product knowing that you will overlay other product offers to the same customers later that will improve your margins?
economics  startup  strategy 
7 hours ago by kai
Anti-Capitalist Rerun - Tyler Cowen
I can only report that The End of Poverty, narrated throughout by Martin Sheen, puts Ayn Rand back on the map as an accurate and indeed insightful cultural commentator. If you were to take the most overdone and most caricatured cocktail-party scenes from Atlas Shrugged, if you were to put the content of Rand’s “whiners” on the screen, mixed in with at least halfway competent production values, you would get something resembling The End of Poverty. If you ever thought that Rand’s nemeses were pure caricature, this film will show you that they are not (if the stalking presence of Naomi Klein has not already done so). If you are looking to benchmark this judgment, consider this: I would not say anything similar even about the movies of Michael Moore.
tyler  cowen  reviews  criticisms  capitialism  poverty  economics  from delicious
13 hours ago by manjari720

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