Archive for “October of 2006”

Baseballblogging: On Economic Privlege

October 26, 2006

We had a little discussion about “economic privlege,” “economic rent,” government, and monopoly power in my Public Finance course a week or so ago, and in light of the world series, I feel like examining it a little bit further. The case being made by my professor was that MLB is a monopoly. […]

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Welcoming Myself Back

October 25, 2006

I have been fairly busy for the last few weeks, so for the utter lack of posting I apologize.
There was homecoming weekend at my alma mater. A slew of interviews with a slew of companies. A good friend’s wedding and concomitant celebrations last weekend, and school. Always school.
On that note, […]

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The Customer is Always Right, Except…

October 17, 2006

…for when copyright law says he can’t be right. Even though he’s right.
Last night I went to Target and bought myself a CD. I also picked one up Justin Timberlake’s new one for my girlfriend. This morning, I tried to exchange hers, despite the fact that it had been opened. This […]

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No Tickets for you. Come back - one year.

October 16, 2006

Watching the “wait timer” on Ticketmaster’s website while trying to get World Series tickets is an excercise in futility. It reminds me of watching the ridiculous scale on “The Biggest Loser,” where the weight allegedly fluctuates in this enormous range to add to the suspense. Same with the stupid timer, which indicates initially […]

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Credit Cards & Responsibility

October 12, 2006

Offering a free t-shirt or fleece or coffee cup or toaster in exchange for enrolling, and extending credit to an 18 year-old college freshman with no job, no credit history, and no sense of financial responsibility isn’t a good idea? This is not rocket science. But it’s hardly worthy of a congressional investigation.
Consumers […]

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Free to Choose

October 11, 2006

Over at Econlog, Bryan Caplan wants to know, what would you like to be free to choose?
Aside from the overwhelming amount of responses along the lines of: “I wanna be able to do a ‘J’ whenever I want”, I’d like to see what people really want.
Caplan’s only caveat was, you can’t say that you “don’t […]

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On Subsidies & Competition

October 10, 2006

Over at Cap’n Arbyte’s blog, Kyle Markley sets up an interesting, (but flawed) thought experiment regarding “unfair” competitive practices. I have some problems with his assumptions, which I might post later, but for the time being, I’ll answer his questions. The assumptions regarding the competitive environment and the consumers’ behavior, are, in my […]

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