DoorDash Steals Just the Tip
Though it has been known for much longer, a couple of weeks ago the outrage machine mobilized against DoorDash’s policy toward tips. Twitter is a particularly polarized place, but this… Read more »
Category: Economics
Monetary Offset
People are always enthralled with stories of the man behind the curtain, a force that doesn’t get much recognition, but actually runs the world. I think this is why the… Read more »
Robot Tax
What is this daft discussion about taxing robots as if they are people? Companies are already taxed on the efficiency gains if a robot takes a human’s job. Company A employs… Read more »
What will rising rates cause?
I get asked almost every week what will happen when rates finally rise. This is something that most people think they kind of understand, but almost nobody has actually thought… Read more »
Confirmation Bias
No, the stock market is not ‘finally taking “X” [insert pet cause] seriously’ when there are back to back down days. Not very many things move the market, and when… Read more »
Consumption Smoothing
WCI touched on consumption smoothing in a recent post. This is one area where classical economics and real life observation (and behavioral economics) differ greatly. Consumption smoothing is the act of… Read more »
Consumption vs. Investment (and IPO vs. Secondary Market)
Scott Sumner answers what I imagine is an extremely prevalent question about the difference between consuming and investing. I have read your site for years, but this is the first… Read more »
Healthcare and Rights vs. Priorities
It’s common to hear that someone in America believes that ‘healthcare should be a right’. This is usually met with a chorus of agreeing and dissenting opinions, but it shouldn’t… Read more »
Oil and the United States
Author’s Note: Originally written as a letter on 12/29/2014, somehow still relevant. The plummeting price of oil has become a major topic of conversation – and with prices that feel… Read more »