Thursday , December 5 2019
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Tag Archives: Fun

Sport and competition for the market

Colby Cosh's latest column would be great fodder for grad classes in Industrial Organisation.We can think about sporting competition in a few ways. The obvious one is competition within the market. Teams compete against each other to be the best within the league's set of rules.There's also a weak form of competition against other sports in the overall market for attention. Leagues adjust their rules to maximise profits across the set of teams; if the game isn't fun to watch, people will...

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No collusion

The kids still haven't colluded against us in our sealed-bid tender process for the household chores. I go through it over in our Insights newsletter.  The Tender YearsDespite all your predictions to the contrary, the children still have not colluded against me.On finding out that the Crampton household’s way of divvying up the chores is somewhat nonstandard, I reported on it in a May 2018 Insights column in case others might find it helpful. I was honestly a bit surprised that nobody else...

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Referendums are great

I just love this thread about Saskatoon's 1988 referendum on school store closing times. I'd not heard of it before; I was 12 years old in Manitoba when this would have happened. Let me introduce you to the most confusing referendum result. It occurred in Saskatoon in 1988, held at the same time as the municipal election. — Paul Fairie (@paulisci) September 29, 2019 It was about store openings, and there were five questions posed to voters.The first was straightforward enough:"Are you in...

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Explaining the Outside of the Asylum

I had a chat about NZ as the Outside of the Asylum with the Heritage Foundation's Timothy Doescher when he was in town recently.The podcast is available here. [embedded content] You can also catch it at Heritage's website, where it has the links to Spotify and other versions of it. My Outside of the Asylum piece, on which the conversation was based, is here.

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Job Openings for Economists – Spotify edition

This would be a heck of a lot of fun for somebody. We are looking for an outstanding Head of Economics to join Spotify’s Content team. Our mission is to unlock the potential of human creativity by giving a million creative artists the opportunity to live off their work and billions of fans the opportunity to enjoy and be inspired by it. Are you a creative thinker who can combine a strong economic toolbox with a desire to learn from others, and who knows how to execute and deliver on big...

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Drinking Freedom

I plug Ben Powell and Bob Lawson's latest book in my column in this week's Insights newsletter: Drinking freedom The very best part of grad school was the drinking. Well, not so much the drinking. Too often, the beer was stuff that would make an Export Gold taste like Export Gold had taste. It was the arguing about economics, over beer, until close to sunrise, with other people who cared deeply about ideas. That was heaven – despite the bad beer.Professor Ben Powell was a year behind me in...

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Cricket and Collaboration

Matt Lowe's job market paper coming out of MIT looks excellent. And I love that he markets it with a tweetstream. 🚨 Revised JMP on intergroup contact 🚨Some (me) wondered whether this day would ever come. To celebrate I'd like to tell a story about cricket, caste, and different types of intergroup contact. Are you sitting comfortably?https://t.co/VwMC3ulRj31/N pic.twitter.com/GELj6yRjgM — Matt Lowe (@hmmlowe) August 15, 2019 Sri Lanka has finally finished their first innings in the test...

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Alpha Beta and the Libra Twist

Suppose I promise to be in the same place as you; but you make no promise to be in the same place as me. Then I am Beta follower and you are Alpha leader; because you go where you want to go and I must go to the same place to keep my promise. We get the same Alpha-Beta relationship with asymmetrical fixed exchange rates. If the US Fed decided (for some unknown reason) to peg the exchange rate of the US dollar to the Canadian dollar, but the Bank of Canada makes no such promise the other...

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Barbershop thoughts

I'd be surprised if something like this didn't already exist, but if it doesn't, it'd be a great feature for Spotify (or another of the streaming services).I was sitting in the barber's chair yesterday when something that sounded a lot like Spotify's 80s New Wave collection came on. It was rather good. It was almost what Spotify's Daily Mixes might recommend for me some days. I was mildly proud of myself for finally remembering, two songs later, that the one that had been bugging me was by...

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Process cost

I wonder how much this termination and associated litigation cost a Nova Scotia firm, and how much it would be likely to cost here in New Zealand. From the National Post: N.S. arbitrator says employer was right to fire man for masturbating in bathroom — but only because it mortified co-workersThe employee and Unifor, his union, tried various unsuccessful arguments in the man's defence, including that he had a disability of sex addiction.A company is justified in firing a unionized employee...

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