This week I will offer a little change of pace (and not merely because of a perceived lack of Ps). The other day (actually evening), I attended a “popular music” concert. How do I know it was “popular” music? By paying attention to the extremely quasi-woke Boomer radio station I regularly listen to (which is… Continue reading Popular Populism + Popularity Platforms
Tag: market
Authority, Certifications, Trust in Social Order and Novice Internet Users
In my humble opinion, over 99.9% of Internet users are novices when it comes to evaluation of information sources. This is, for the most part, based on two things. First, my simple and straightforward observations with ordinary everyday people. Secondly (and more importantly) the obvious and glaring shortcomings of education systems worldwide, which neglected the… Continue reading Authority, Certifications, Trust in Social Order and Novice Internet Users
A New Perspective on Market Externality
I think the traditional view of the term “market externality” is (more or less) something which cannot be measured in the marketplace. I think it’s hogwash — and I gave up on the idea that any market externalities might exist decades ago. In my opinion, anything (and everything) can be measured. How accurate and /… Continue reading A New Perspective on Market Externality
Literacy + Publicacy, School + Society
Today I was reminded of an article I wrote probably well over a decade ago, but for which my language at the time had not developed enough vocabulary to talk about the topic in a way that made sense to most people. It made sense to a few, but a few people do not make… Continue reading Literacy + Publicacy, School + Society
A New Kind of Market Failure?
“Market Failure” is commonly thought of as something that goes wrong with the way normal (“free”) markets work. There are actually a lot of assumptions made about how such markets work normally, and many of these are so illusory that it seems amazing anyone would ever pay any attention to what any economist says —… Continue reading A New Kind of Market Failure?
Motivational Characteristics of Marketplace Participants
I have thought about issues related to “Motivational Characteristics of Marketplace Participants” for quite some time already. Although that title is already quite long, I think I need to narrow down what I intend to write about today even more. I want to contrast two instances of marketplaces — one from the past, the other… Continue reading Motivational Characteristics of Marketplace Participants
Free Speech & Market Speech
I have been mulling over one of my long-held beliefs a lot lately … and the big puzzle for me is: why do so few people get it? I think the answer is a combination of several things — and that is a big part of why it seems to be complex, not simple, not… Continue reading Free Speech & Market Speech
Supply, Demand, Natural Language & Free Markets — Some Preliminary Thoughts & Ideas
Many if not most — or even all? — (educated) people have probably heard of supply and demand before — and perhaps also that they are the basic building blocks of free markets. Likewise, many may be familiar with the expression “supply creates its own demand” (which is a sort of shorthand for views expressed… Continue reading Supply, Demand, Natural Language & Free Markets — Some Preliminary Thoughts & Ideas
Decentralization of Marketplaces
At this moment in Germany, perhaps the very last “department store” chain is on the verge of bankruptcy. That isn’t very remarkable — unless you consider that the business model is essentially the same as the business model which is replacing it: Amazon is basically a department store. The main advance in technology introduced by… Continue reading Decentralization of Marketplaces
Some Market Price is Probably More or Less Accurate at Some Moment in Some Marketplace (& Socio BIZ Rule #2)
Over the past few weeks, I have asked my readers to come along on rather intellectual exercises. Now I feel the time is right to begin turning our fitness journey towards some practical, “real life” results — basically applications and insights into the way the world actually works (according to my theories 😉 ). Note… Continue reading Some Market Price is Probably More or Less Accurate at Some Moment in Some Marketplace (& Socio BIZ Rule #2)
Socio Business blog 