Personal explorations in price discrimination - 'that's how they getcha!'
The other day I had a post on the growing ability of online businesses to charge customers different prices according to their ability to pay – perfect price discrimination in economists’ jargon. Which led naturally to the question: am I being screwed, and, if so, how badly?
Here are the results of a small . . .
“Plutocratic Insurgency Note No. 7 – Profit Optimization Beyond ‘the Invisible Hand’”
There is an enjoyably agitated article in the online ‘Small Wars Journal,’ with the title “Plutocratic Insurgency Note No. 7: Artificial Intelligence (AI) Pricing Software - Profit Optimization Beyond ‘the Invisible Hand.’” The subject is the growing ability of corporations to squeeze more profit out . . .
Two angles on why we need the nation state
The two angles are from the English conservative writer and philosopher Roger Scruton, and from the economist Dani Rodrik, who, outside his technical economic writings, appears to be a conventional American liberal – horrified by Trump and so forth. Yet both, in sometimes overlapping, sometimes complementary ways, make a persuasive case . . .
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