Whenever I buy things I try to prioritize cost per use. Sometimes I consider other priorities such as cost per smile, cost per thrill, cost per externality, ...
Dynamic Pricing: What It Is & Why It's Important | HBS Online
Are you reevaluating your digital platform’s pricing model? Here’s an overview of dynamic pricing and why it’s important to your business.
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Risk, Uncertainty and Profit
A timeless classic of economic theory that remains fasc…
Value(s): building a better world for all
A bold, urgent argument on the misplacement of value in…
BETTER THAN FREE | Edge.org
This super-distribution system has become the foundation of our economy and wealth. The instant reduplication of data, ideas, and media underpins all the major economic sectors in our economy, particularly those involved with exports — that is, those industries where the US has a competitive advantage. Our wealth sits upon a very large device that copies promiscuously and constantly.
Capitalism, the Commons, and Divine Right - Schumacher Center for a New Economics
Barnes defines the commons as "the sum of all we inherit together and must pass on, undiminished and more or less equally, to our heirs." The commons includes watersheds, air, DNA, playgrounds, Main Street, radio waves, political systems, and numerous other natural resources and social innovations. Barnes suggests that the commons should be held in trust for the benefit of current and future generations as a way of countering the power of the market and its search for short-term private profits.
Software as Fast Fashion
Clothes have never been cheaper. These days a t-shirt is often cheaper than a decent cup of tea in a cafe. The wonders of capitalism. At least that is how it is often described. And when you point at the underpaid, gruesome labor that people in poorer regions of the planet have to do to […]
Cognitive Bias Lab | Learn to Make Better Decisions
Explore cognitive biases with interactive tests, simulations, and real-world examples. Free platform to sharpen decision-making and critical thinking — no sign-up needed.
“The Problem Factory”- Preemptive risk aversion in infrastructure planning and the role of professional services - Niskanen Center
In a small site of special scientific interest about 20 miles northwest of Oxford, a “shed” is being built.
The marketplace of rationalizations
Recent work in economics has rediscovered the importance of belief-based utility for understanding human behaviour. Belief ‘choice’ is subject to an important constraint, however: people can only bring themselves to believe things for which they can find rationalizations. When preferences for similar beliefs are widespread, this constraint generates rationalization markets, social structures in which agents compete to produce rationalizations in exchange for money and social rewards. I explore the nature of such markets, I draw on political media to illustrate their characteristics and behaviour, and I highlight their implications for understanding motivated cognition and misinformation.
Think First, AI Second
Three principles for keeping your cognitive edge while leveraging AI's capabilities
Creem Pricing: 3.9% + $0.40 | No Monthly Fees
One rate. No monthly fees. Taxes, compliance, and fraud protection included. Start selling globally in minutes.
Passive Income Ideas That Actually Work (No, You Don't Need to Be Rich First)
Explore practical passive income ideas that can generate revenue even while you sleep. Start today with the right approach.
Amazon seeks cheaper AI alternatives as Anthropic shifts to token-based pricing
Amazon is exploring OpenAI as an alternative to Claude after a renegotiated contract with Anthropic will raise costs through token-based pricing.
The Paradox of Perfection: When ‘Good Enough’ is Actually Better
Exploring the tension between engineering perfectionism and pragmatic delivery. Discover why striving for the perfect solution often prevents us from shipping valuable improvements and how to find the balance.