159 Matching Annotations
  1. Apr 2021
    1. Anchoring an innovation center on a college campus also gives Starbucks access to ground-floor research and insight into Gen Z interests before scaling new products or processes to market
    1. Python by the Numbers: How Strong Is the Demand for Python on the Software Development Market in 2021?

      Python is hot on the artificial intelligence and machine learning market. It was used by Apple to support Siri and Face ID and deployed by Amazon as a backbone of the personalized recommendation engine. So, how strong is Python demand on the market?

  2. Mar 2021
    1. There are myriads of platformers around, it's an oversaturated market, and just like industrial designer Karim Rashid said about there being no excuse by this point to make an uncomfortable chair, there's no excuse by this point to make a boring patformer.
  3. Feb 2021
    1. 21st Century Economics (USA)

      Economic Theory of a Market Economy, Characteristics, Pros, and Cons

      Americans and the World believe or want to believe that the United States is built upon a Market Economy.

      Historical context validates a classic Market Economy theory as directed by our Founding Fathers and Constitution. We clearly do not have a pure Market Economy today (2021).

      • To Big to Fail - (Bailouts)
      • Farm Subsidies
      • Political Influence (money, lobbying, tenure)
      • Government Agencies
      • Military/Industrial Complex
      • Federal Reserve (Central Banking)
      • Social Security
      • Medicare
      • Other

      Most Americans lump (through education) the concept of economics and government together, into 3 basic categories; Capitalism, Socialism and Communism.

      The U.S. is a Capitalist Nation with a corresponding market economy.

      Is this statement Fact or Hypothesis ?

      Can we still rely on textbook economic models in the 21st Century?

    1. That fact that I am giving this little indie gem it's first review more than two full weeks after it launched shows the sad state on Steam of how the over saturation of asset flips and low effort garbage buries little treasures like this game.
  4. Jan 2021
    1. But if the breakdown of our civilization was timed by the failure of world economy, it was certainly not caused by it. Its origins lay more than a hundred years back in that social and technological up- heaval from which the idea of a self-regulating market sprang in Western Europe. The end of this venture has come in our time ; it closes a distinct stage in the history of industrial civilization.

      Polanyis Hauptwerk ist hier vollständig und annotierbar (in der Text-Version, mit nicht funktioniender Verlinkung) online zugänglich.

    1. When any system is replaced by another, as in the Soviet system of command being replaced by a market system, the new system will require appropriate institutions. The dogmatic view on free markets is the view that such institutions would emerge of their own accord without the visible hand of government.
    2. free market argument. The belief that the emergence of such institutions requires deliberate planning amounts to the pragmatic free market argument. The requisite institutions have to be created by the visible hand of government.

      Further explanation of the difference behind pragmatic and dogmatic free market.

    3. We have thus an example in which the hand behind the invisible hand is visible, in line, therefore, with Mittermaier’s presentation of the pragmatic view in which humans deliberately decide upon an institutional framework within which an invisible hand is supposed to operate. If, however, we were to argue that the appropriate institutional arrangements would have emerged of their own accord, in other words without such planning, Mittermaier would classify us among the ranks of the dogmatic free marketeers. For a dogmatic free marketeer, the hand behind the invisible hand is also invisible.

      The difference behind a pragmatic and dogmatic free market - in a pragmatic market - the hand behind the invisible hand is visible, whereas in a dogmatic market - the hand behind the invisible hand is also invisible.

    4. Two hands appear in Mittermaier’s title and at least one is invisible. Is the other also invisible? By considering answers to the question, Mittermaier classifies a stance on the free market as either dogmatic or pragmatic.

      What is considered a dogmatic market? What is considered a pragmatic market?

    5. Mittermaier asks the question, does the institutional setup also emerge spontaneously via an invisible hand? As the 1996 watershed year specification makes clear, a decision was made to insist on arrangements deliberated upon with an idea to prevent chaos. In other words, in terms of Mittermaier’s argument we could say that in the case of the Burning Man event, the hand behind the invisible hand is visible, which amounts to a pragmatic rather than a dogmatic stance on the emergence of the institutions involved.

      In the initial highlights I asked the question of what a pragmatic stance on the free market doctrine means and this highlights a general answer to my question.

  5. Nov 2020
  6. Oct 2020
    1. Anomie (/ˈænəˌmi/) is a "condition in which society provides little moral guidance to individuals".[1] It is the breakdown of social bonds between an individual and the community, e.g., under unruly scenarios resulting in fragmentation of social identity and rejection of self-regulatory values.

      I can't help but see this definition and think it needs to be applied to economics immediately. In particular I can think of a few quick examples of economic anomie which are artificially covering up a free market and causing issues within individual communities.

      College Textbooks: Here publishers are marketing to professors who assign particular textbooks and subverting students which are the actual market and consumers of those textbooks. This causes an inflated market and has allowed textbook prices to spiral out of control.

      The American Health Care Market In this example, the health care providers (doctors, hospitals, etc.) have been segmented away from their consumers (patients) by intermediary insurance companies which are driving the market to their own good rather than a free-er set of smaller (and importantly local) markets that would be composed of just the sellers and the buyers. As a result, the consumer of health care has no ability to put a particular price on what they're receiving (and typically they rarely ever ask, even more so when they have insurance). This type of economic anomie is causing terrific havoc within the area.

      (Aside: while the majority of health care markets is very small in size (by distance), I will submit that the advent of medical tourism does a bit to widen potential markets, but this segment of the market is tiny and very privileged in comparison.)

    1. But that state of consciousness that permits the growth of liberalism seems to stabilize in the way one would expect at the end of history if it is underwritten by the abundance of a modern free market economy.

      Writers spend an awful lot of time focused too carefully on the free market economy, but don't acknowledge a lot of the major benefits of the non-free market parts which are undertaken and executed often by governments and regulatory environments. (Hacker & Pierson, 2016)

  7. Sep 2020
  8. Aug 2020
    1. Cajner, T., Crane, L. D., Decker, R. A., Grigsby, J., Hamins-Puertolas, A., Hurst, E., Kurz, C., & Yildirmaz, A. (2020). The U.S. Labor Market during the Beginning of the Pandemic Recession (Working Paper No. 27159; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27159

    1. Altig, D., Baker, S. R., Barrero, J. M., Bloom, N., Bunn, P., Chen, S., Davis, S. J., Leather, J., Meyer, B. H., Mihaylov, E., Mizen, P., Parker, N. B., Renault, T., Smietanka, P., & Thwaites, G. (2020). Economic Uncertainty Before and During the COVID-19 Pandemic (Working Paper No. 27418; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27418