Store Wars: Imperfect views of imperfect markets

Economics has something of an edge when it comes to respectability among the social sciences, but it is often squandered by talking heads acting like everyone else is an idiot on TV. The benefit of taking an introductory economics class is not prestige or a set of talking points but rather a set of tools … Continue reading Store Wars: Imperfect views of imperfect markets

Epic’s Tactics Are The System Working As Intended

The most perplexing feature of the commentary surrounding the Epic Games Store (EGS) is that the loudest voices assign criticism to Epic that is more appropriately targeted at Valve. The criticism that has gotten the most attention is the one that says Epic is using its timed exclusives in order to take over digital distribution, … Continue reading Epic’s Tactics Are The System Working As Intended

What’s in a Name: The Case of ‘Metrics

While it is hard to think of an econometrics book being popular in any traditional sense of the term, the best candidate for a popular econometrics textbook is Josh Angrist and Jörn-Steffen Pischke's Mostly Harmless Econometrics (MHE). The title is a deliberate reference to The Hitchhiker's Guide to the Galaxy, and communicates the irreverent tone taken in … Continue reading What’s in a Name: The Case of ‘Metrics