I recently discovered NPR’s Planet Money and have been enjoying it enormously. This podcast in particular is quite good and discusses the economics of ticketing, something of interest to me. One very nice thing about the podcast is that they take the time to define basic economic concepts, like monopoly (or economic) rent. ~alex
Entries Tagged as 'Market Definitions'
Convenience fees equals “monopoly rent”
September 3rd, 2009 · Comments Off · Economics, Market Definitions, Ticketing
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Nice video explainer from Marketplace: Dark Pools
July 7th, 2009 · Comments Off · Financial Markets, Market Definitions
I’ve written about dark pools before. I find them fascinating. Here’s a nice explainer from Marketplace.org. Dark pools from Marketplace on Vimeo. ~alex
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(ir)Rational market theory
June 16th, 2009 · Comments Off · Financial Markets, Market Definitions
Today’s FT carries an article by Gillian Tett — Credit crunch causes analysts to rethink rational market theory. One has to wonder why the frenzy in internet stocks in 2000 wasn’t enough to cause “analysts” to rethink their theories while the credit crunch could. Maybe they lost enough money this time …? Anyway, if you’re [...]
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“Personally, I’d prefer a dollar’s worth of liverwurst, but anyhoo …”
June 15th, 2009 · Comments Off · Financial Markets, Market Definitions
Via Economix, this wonderful little explainer about inflation … circa 1933, attendant with 1933 economics, and humor. ~alex
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Definitions in the health care debate
May 8th, 2009 · Comments Off · Healthcare Markets, Market Definitions
Economix at the NYTimes has a nice post about how definitions mean something … and then proceeds to define some important terms in the health care debate: Socialized Medicine; and Socialized Health Insurance. As blog author Uwe Reinhardt points out, people often confuse them, especially, it seems, when they’re on the campaign trail. And, interestingly [...]
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What is Libor?
January 27th, 2009 · Comments Off · Market Definitions
I’ve known about the Libor for some time now, and could even somewhat define it, but I came across a very nice description of it in this FRBSF Economic Letter, Behavior of Libor in the Current Financial Crisis. The London interbank offered rate, or Libor, is … widely used. Estimates are that, worldwide, a total [...]
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Best perspective yet on short sellers
September 19th, 2008 · Comments Off · Financial Markets, Market Definitions
From the FT: Eat my shorts (subscription required). A fun bit: Short-sellers depend on two things: borrowing stock and leverage. Yet with each investment bank collapse, the universe of prime brokers that provides this leverage shrinks. More important, in a world more concerned about return of capital rather than return on capital, investors may stop [...]
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My slides from the 2008 IA Summit are now online at Slideshare
April 15th, 2008 · Comments Off · About This Site, Market Definitions
My presentation at this year’s IA Summit – Why Markets Love the Internet (or The 1 Hour MBA for Experience Designers and Other Layabouts) – is now online at slideshare. Boxesandarrows.com also recorded the talk, and I’ll synch up the podcast with the slides at some point when I get the time. I had a [...]
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Getting Your Education in Fed Speak, One Sentence At A Time
April 9th, 2008 · Comments Off · Market Definitions
Pity the poor reporter who has to cover the Fed (and perhaps any central bank). Krishna Guha does an admirable job of it for the FT, deciphering Fed gobbledygook. This example from today’s story – Fed signals gear change with end to big rate cuts – shows some skill. Policymakers felt that – with the [...]
Everything Betting
April 7th, 2008 · 2 Comments · Fun, Market Definitions, Prediction Markets
Everything 2.0 has been running a nice series of late, listing out the number of “Web 2.0″ companies/sites that help users do some thing, such as: visualize information; or build an RSS feed; or go play games; and so on. Today’s list seems to be right in line with UsableMarkets’ interests. It lists a number [...]
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