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Best Of the Web: Natural Hair Re-Growth, New Apple iOS and “The Rock” As President…

September 20, 2018 Bilal 0

I’ve gone through hundreds and hundreds of articles and picked out the best. There’s 40 in all with links and brief summaries. Enjoy! The new iPhone iOS upgrade is great… 19 Things You Can Do in iOS 12 That You Couldn’t Do Before The update has a bunch of new features from the “Memojis” (you create your own emojis) to better battery life and notification management to the ability to track how much time to spend on your phone (ScreenTime).I particularly like (9), which  is the new app called “Measure” that allows you to use the in-built AR to point […]

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Why We Should Worry About Monopsony

September 4, 2018 Bilal 0

Why We Should Worry About Monopsony By David Weil, Dean and Professor, Heller School of Social Policy and Management at Brandeis University. Originally published at the Institute for New Economic Thinking website When a small group of companies can dominate a labor market, wages – and workers – suffer Center stage in the meeting of the Federal Research Bank of Kansas City’s annual symposium in Jackson, Wyoming this August was a discussion of the repercussions of having a small number of companies dominating the labor markets where they hire workers–what economists call “monopsony.” That agenda item on an annual meeting that […]

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Monetary policy in the age of Amazon

August 30, 2018 Urbanomics 0

Focuses on one of the recent Jackson Hole papers which argued that online competition is making prices less sticky. This has implications for central bankers who assume (downward) stickiness in prices. It means central banks should focus less on inflation and care more about output volatility.