Did you know that if the price of an uber/lyft doubles, the payment to the driver doesn’t increase nearly as much?
Uber/lyft are just squeezing you, and using the “there is high demand so we need to increase prices to get more drivers” so that you are willing to pay.
#econsky
Uber/lyft are just squeezing you, and using the “there is high demand so we need to increase prices to get more drivers” so that you are willing to pay.
#econsky
February 2, 2025 at 11:50 AM
Did you know that if the price of an uber/lyft doubles, the payment to the driver doesn’t increase nearly as much?
Uber/lyft are just squeezing you, and using the “there is high demand so we need to increase prices to get more drivers” so that you are willing to pay.
#econsky
Uber/lyft are just squeezing you, and using the “there is high demand so we need to increase prices to get more drivers” so that you are willing to pay.
#econsky
The best books of 2024, as chosen by The Economist
www.economist.com/culture/2024...
www.economist.com/culture/2024...
The best books of 2024, as chosen by The Economist
Readers will never think the same way again about games, horses and spies
www.economist.com
December 1, 2024 at 1:01 PM
The best books of 2024, as chosen by The Economist
www.economist.com/culture/2024...
www.economist.com/culture/2024...
And this is why Apple can charge outrageous prices
I’m in a pretty active group chat with 13 guys who’ve been friends for 15 years, we all travel to get together twice a a year, we know each other’s spouses and kids etc., and I am 100 percent sure that if someone got an Android and turned it into green text bubbles, they’d be voted out the next day
November 28, 2024 at 6:18 AM
And this is why Apple can charge outrageous prices
Reposted by Laca
We often forget how many aspects of life have dramatically improved in recent history
November 18, 2024 at 4:34 AM
We often forget how many aspects of life have dramatically improved in recent history
Reposted by Laca
Workers in low-to-middle income households are much more likely to be solo self-employed than their high-income counterparts.
But solo self-employment is more precarious: workers in this category are more likely to be underemployed and typically have lower earnings than employees.
But solo self-employment is more precarious: workers in this category are more likely to be underemployed and typically have lower earnings than employees.
November 15, 2024 at 10:19 AM
Workers in low-to-middle income households are much more likely to be solo self-employed than their high-income counterparts.
But solo self-employment is more precarious: workers in this category are more likely to be underemployed and typically have lower earnings than employees.
But solo self-employment is more precarious: workers in this category are more likely to be underemployed and typically have lower earnings than employees.
Long episode but totally worth it. Also a lesson in applied economics. #econsky open.spotify.com/episode/6S1z...
open.spotify.com
November 13, 2024 at 4:52 AM
Long episode but totally worth it. Also a lesson in applied economics. #econsky open.spotify.com/episode/6S1z...
Remembering this oldie but goodie youtu.be/VVp8UGjECt4?...
(can’t believe this was posted 17 years ago… damn) #econsky
(can’t believe this was posted 17 years ago… damn) #econsky
Principles of economics, translated
YouTube video by Yoram Bauman
youtu.be
November 11, 2024 at 11:32 PM
Remembering this oldie but goodie youtu.be/VVp8UGjECt4?...
(can’t believe this was posted 17 years ago… damn) #econsky
(can’t believe this was posted 17 years ago… damn) #econsky
Reposted by Laca
Bluesky’s starter packs are *genius*
November 10, 2024 at 8:18 PM
Bluesky’s starter packs are *genius*
Acemoglu's take on the macro impact of AI: not that much?
economics.mit.edu
November 9, 2024 at 7:14 PM
Acemoglu's take on the macro impact of AI: not that much?