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The Gig Economy

The concept of a gig economy (or sharing economy) is engraved in our human instinct. Cooperative structures that include sharing, individual choices, gifting and swapping are a basic part of any community. However, to adopt the gig economy as a business structure is relatively new. What is the Gig Economy? The term “gig economy” has only…
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The 25 Best Economics Podcasts Of 2018

We’ve made lists of the best 25 Economics Podcasts of both 2016 and 2017. Now it’s time to bring the list up to date and continue to help you find the best new podcasts in the field of economics. You’ll find an updated discussion of old favorites, plus several new options that have received critical acclaim in addition to high praise from readers.…
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Ubernomics

In a previous post, UberX Pricing by City , I published a list of cities and towns in which UberX operates along with the minimum price, the price per mile and price per minute. My original intention for collecting the data was to derive conclusions behind what I call "Ubernomics." What is UberX? I'm going to begin by establishing what is uberX…
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Top 100 Economics Blogs of 2018

After the overwhelming success of our 2016 and 2017 Top Economics Blogs lists, we’ve decided to release a brand new list for 2018. The 2018 list highlights many newcomers and covers a wide range of economic topics. Blogs are included in categories ranging from general economics to specific topics such as finance, healthcare economics, and…
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Consumer Sovereignty

Consumer sovereignty is the theory that consumer preferences determine the production of goods and services. This means consumers can use their spending power as 'votes' for goods. In return, producers will respond to those preferences and produce those goods. In reality, however, producers do produce goods that consumers do not want or…
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UberX Pricing by City [Raw Data]

UberX Pricing by City I find Uber's pricing strategy to be fascinating. I've previously written about Uber's price discrimination strategy, and there also have been reports of Uber pricing your ride based on where you're going. I realized that Uber probably operates in hundreds of cities around the world. After doing some research, the most…
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