Economics
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Macroeconomics, Window Shopping, & Imperfect Markets
Today I gave the following presentation to the Macroeconomics class at West Chicago Community High School: Macroeconomics, Window Shopping, & Imperfect Markets.
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The FCC “Political File” Ruling and Price Transparency
Last week the Federal Communications Commission ruled that stations affiliated with the top four national networks (ABC, NBC, CBS and Fox) and serve the top 50 markets must post “political file documents” online. All stations— regardless of size— already have to maintain such files and make them available to the public. Stations balked at this…
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Stop the Ticket Monopoly
Here’s TicketDisaster.org, a site devoted to stopping the proposed Ticketmaster/ LiveNation merger: Despite its “monopoly-like dominance” controlling 70 to 80 percent of all concert ticket sales, Ticketmaster is unabashedly seeking to grow its empire – all to the detriment of the average fan. Ticketmaster is now trying to dampen competition by merging with Live Nation,…
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The Moment: Gas price changed from 3.79 to 3.73
The Moment: Gas price changed from 3.79 to 3.73, originally uploaded by juggernautco. Para @jsb. And another. The marketplace at work.
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Consumption
Here’s a couple dozen grown women go absolutely bat-shit insane when they discover Oprah Winfrey is going to give them some stuff. God bless us all.