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

Disneyland’s New Pricing Model: Gouging or Better Customer Service?

This Consumerist piece is indicative of the journalistic tendency to misunderstand the role of pricing, generally, and the role of peak-load pricing (like Uber’s “surge” pricing), particularly. Throughout, the writer hints that Disney’s effort to price more popular days at

Disneyland’s New Pricing Model: Gouging or Better Customer Service?

This Consumerist piece is indicative of the journalistic tendency to misunderstand the role of pricing, generally, and the role of peak-load pricing (like Uber’s “surge” pricing), particularly. Throughout, the writer hints that Disney’s effort to price more popular days at

NLRB vs Its Own Union: Should Gov’t Agencies Practice What They Preach?

At first, one is tempted to cry “hypocrisy!” and move on, but this news item could be fodder for two interesting discussions. The first is about when and under what conditions public-sector actors are or ought to be subject to

NLRB vs Its Own Union: Should Gov’t Agencies Practice What They Preach?

At first, one is tempted to cry “hypocrisy!” and move on, but this news item could be fodder for two interesting discussions. The first is about when and under what conditions public-sector actors are or ought to be subject to

Apple’s Corporate Citizenship: A duty to the state, or the people?

Many companies claim to want to be “good corporate citizens.” But just what does that entail? Some might think that that implies, for example, helping out a government in trying to bring a criminal to justice. After all, don’t good

Apple’s Corporate Citizenship: A duty to the state, or the people?

Many companies claim to want to be “good corporate citizens.” But just what does that entail? Some might think that that implies, for example, helping out a government in trying to bring a criminal to justice. After all, don’t good

Should CEO Apologies Be Warm and Sincere?

In the wake of scandal, what could be better than a heartfelt apology? Well, from a shareholder’s point of view, apparently the lack of a heartfelt apology might be better. Sure, you, dear random member of the public, might like

Should CEO Apologies Be Warm and Sincere?

In the wake of scandal, what could be better than a heartfelt apology? Well, from a shareholder’s point of view, apparently the lack of a heartfelt apology might be better. Sure, you, dear random member of the public, might like

Apple vs the FBI: Consequences vs Rights & Duties

The story linked below focuses on the fact that Apple’s has two good reasons for refusing to work with the FBI to unlock a shooting suspect’s iPhone, namely a principled reason (privacy) and a prudential reason (boosting profits by boosting

Apple vs the FBI: Consequences vs Rights & Duties

The story linked below focuses on the fact that Apple’s has two good reasons for refusing to work with the FBI to unlock a shooting suspect’s iPhone, namely a principled reason (privacy) and a prudential reason (boosting profits by boosting