Monthly Archives: March 2016

Should Companies Reveal Employees’ Pay?

Should companies be open about how much each of their employees is paid? That is, should every employee know how much every other employee earns? The blog entry below casts transparency as a means of building trust, and also as

Should Companies Reveal Employees’ Pay?

Should companies be open about how much each of their employees is paid? That is, should every employee know how much every other employee earns? The blog entry below casts transparency as a means of building trust, and also as

What Are Boards Obligated to Know?

There are things you know. And things you don’t know. In the latter category,there are things you know you don’t know, and things you don’t know you don’t know But are there things you’re ethically obligated to know? The short

What Are Boards Obligated to Know?

There are things you know. And things you don’t know. In the latter category,there are things you know you don’t know, and things you don’t know you don’t know But are there things you’re ethically obligated to know? The short

Is Experimental Economics More Scientific Than Psychology?

The markers of scientific knowledge are predictability and replicability. If you possess scientific knowledge about a given process, knowing the inputs should allow you to foretell the outputs—like a called shot in pocket billiards. Similarly, if you can assemble the

Is Experimental Economics More Scientific Than Psychology?

The markers of scientific knowledge are predictability and replicability. If you possess scientific knowledge about a given process, knowing the inputs should allow you to foretell the outputs—like a called shot in pocket billiards. Similarly, if you can assemble the

Oranges, Peeled and Packaged

The world went crazy when this picture of peeled-but-packaged oranges surfaced on the internet this week. See the criticism below. >>> LINK: Whole Foods’ Pre-Peeled Oranges Are the Ultimate in Bourgeois Laziness (by Daniela Galarza for Eater.com) The short version: many many

Oranges, Peeled and Packaged

The world went crazy when this picture of peeled-but-packaged oranges surfaced on the internet this week. See the criticism below. >>> LINK: Whole Foods’ Pre-Peeled Oranges Are the Ultimate in Bourgeois Laziness (by Daniela Galarza for Eater.com) The short version: many many

Hillary Clinton vs Valeant: “Predatory Pricing” or Price Gouging?

When on the stump, political candidates of all parties are likely to both misspeak and to make campaign promises that encourage the public’s ignorance of economics. Here, U.S. presidential candidate Hillary Clinton offers a perhaps rare two-fer. Predatory pricing is

Hillary Clinton vs Valeant: “Predatory Pricing” or Price Gouging?

When on the stump, political candidates of all parties are likely to both misspeak and to make campaign promises that encourage the public’s ignorance of economics. Here, U.S. presidential candidate Hillary Clinton offers a perhaps rare two-fer. Predatory pricing is