Category Archives: business economics

Wal-Mart and Banking, Once Again

Lawrence J. White writes, it is exactly this demographic group—low- and moderate-income households—that is most in need of reasonably priced financial services. The percentage of U.S. households that are unbanked (i.e., do not have a bank account) or underbanked (i.e., … Continue reading

Posted in business economics, Mark Thoma is Indispensable | 19 Comments

Interfirm Inequality

Timothy Taylor writes, a rise in between-firm inequality suggests that the US and other leading economies are becoming a more economically segregated, in the sense that those with high pay and those with lower pay are becoming less likely to … Continue reading

Posted in business economics, income distribution-wealth-poverty, Timothy Taylor is my Favorite Blogger | 11 Comments

Let me Complain

about this reported study, which found that the employees who complained about work were pretty bummed out as a result. In diary entries, they reported feeling crummy and dissatisfied with their work. The study makes it sound as if the … Continue reading

Posted in business economics | 4 Comments

Improving Government Operations 2: Re-organization

One way to improve government operations would be through re-organization. I once wrote, the total number of executive entities is 157. I cannot think of any corporation in which the CEO has so many direct reports. This number ought to … Continue reading

Posted in business economics | 11 Comments

Improving Government Operations 1: Task Forces vs. Agencies

The WaPo reported, President Trump plans to unveil a new White House office on Monday with sweeping authority to overhaul the federal bureaucracy and fulfill key campaign promises — such as reforming care for veterans and fighting opioid addiction — … Continue reading

Posted in business economics | 3 Comments

The Alleged Problem of Crony Capitalism

This commenter is not buying it. It exists in some industries but it’s swamped by other factors, which creates the high turnover among the Fortune 500. Name an industry outside of healthcare or utilities that is “crony capitalist.” Technology? Retail? … Continue reading

Posted in business economics, Libertarian Thought | 19 Comments

Off Topic: Fantasy Baseball

I started playing Rotisserie Baseball about 30 years ago. I have taken some years off since then, but I’ve played more years than not. Anyway, this form of amateur Moneyball is something I have thought about, so if you are … Continue reading

Posted in business economics | 3 Comments

Labor’s “share” in a Garett Jones World

Timothy Taylor looks at an article on the secular decline in labor’s share of income, and he concludes These explanations all have some plausibility, but it isn’t clear to me that, taken together, they adequately explain the fall of more … Continue reading

Posted in business economics, Growth Causes and Consequences, income distribution-wealth-poverty, Timothy Taylor is my Favorite Blogger | 7 Comments

The Coordination Problem and Winner Cities

A commenter writes, [migration of firms to small cities is inhibited by] Insufficient maturity of the coordination mechanisms – Maybe tomorrow’s equivalent of the free-state project/charter cities could be a proper linked in group where people can quite literally call … Continue reading

Posted in business economics | 13 Comments

Why American Cities Cannot Compete on Cost

Handle comments, if a company can move some operations even 50 miles away from a high price place, then why not move them to the cheapest feasible place? …If a job doesn’t have such distance-limitations regarding interactions with other humans, … Continue reading

Posted in business economics, labor market | 13 Comments