Category Archives: business economics

What is the limit on firm size?

Miles Kimball wrote, Given the replication argument, there is no scale of operation that is beyond efficient scale. There may be ample reason to make different plants or divisions quasi-independent so they do not interfere with one another’s operations. But … Continue reading

Posted in business economics, Economic education and methods | Tagged | 5 Comments

More thoughts on disciplined software development

Tom Killalea wrote, Robert C. Martin described the single responsibility principle: “Gather together those things that change for the same reason. Separate those things that change for different reasons.” Clear separation of concerns, minimal coupling across domains of concern, and … Continue reading

Posted in books and book reviews, business economics | Tagged , | 3 Comments

Social media and the art of thinking unreasonably

Here comes my rant against political uses of social media, notably Twitter and Facebook. Politics on social media is not reflective. It is not deliberative. It is not long-term thinking. It is short-term, reactive, tribal, and emotional. Social media facilitates … Continue reading

Posted in books and book reviews, business economics | Tagged | 11 Comments

PDEE

A commenter writes, Tipping seems to be a way to price discriminate [among] consumers via getting them to pay as much [of] your labor costs as they are willing to tolerate. As I like to say, Price Discrimination Explains Everything.

Posted in business economics | 5 Comments

The paradox of software development

I finished Tim O’Reilly’s WTF. For the most part, his discussion of the way that the evolution of technology affects the business environment is really insightful. This is particularly true around chapter 6, where he describes how companies try to … Continue reading

Posted in books and book reviews, business economics | Tagged | 12 Comments

Re-litigating Netscape vs. Microsoft

In WTF, Tim O’Reilly writes, Netscape, built to commercialize the web browser, had decided to provide the source code to its browser as a free software project using the name Mozilla. Under competitive pressure from Microsoft, which had built a … Continue reading

Posted in books and book reviews, business economics, links to my essays | Tagged | 9 Comments

Re-litigating Open Source Software

In his new book, Tim O’Reilly reminisces fondly about the origins of “open source” software, which he dates to 1998. Well he might, for his publishing company made much of its fortune selling books about various open source languages. In … Continue reading

Posted in books and book reviews, business economics, links to my essays | Tagged | 18 Comments

Suggestions for Facebook

On the one hand, Ben Thompson writes, Facebook should increase requirements for authenticity from all advertisers, at least those that spend significant amounts of money or place a large number of ads. I do believe it is important to make … Continue reading

Posted in business economics, Libertarian Thought | 10 Comments

What I’m Reading

Tim O’Reilly’s new book. He tries to grasp how technology affects the current business environment. He then proceeds to look at the overall economic and social implications. You can get some of the flavor of it by listening to his … Continue reading

Posted in books and book reviews, business economics, Introductory Economics, Tyler Cowen is my Favorite Blogger | Tagged | 5 Comments

Aaron Ross Powell on the X

He emails gotta say, I think you’re completely misreading Apple’s motives for releasing the iPhone X, and so misreading their strategy for the device. The iPhone X is out now, instead of seeing similar features roll out in a year … Continue reading

Posted in behavioral economics, business economics | 7 Comments