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Personal explorations in price discrimination - 'that's how they getcha!'

Silvrback blog imageThe 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 . . .

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January 15, 2018

“Plutocratic Insurgency Note No. 7 – Profit Optimization Beyond ‘the Invisible Hand’”

Silvrback blog imageThere 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 . . .

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January 09, 2018

Archive

All Categories: trump(14) pandemics(11) usa(11) democracy(8) identity politics(8) race(8) elites(8) clintons(7) nation(7) film(7) china(7) american history(7) internet(7) fiction(7) politics(7) immigration(7) conservatism(7) media(6) globalization(6) india(6) nation state(5) religion(5) ethnicity(5) africa(5) europe(5) macroeconomics(5) britain(5) statistics(5) poetry(5) historicism(5) style(5) globalism(4) photographs(4) communism(4) music(4) scientific method(4) big tech(4) development(4) populism(4) revolution(4) e-commerce(3) international trade(3) science(3) crime(3) military(3) law-and-order(3) free speech(3) liberalism(3) markets(3) culture(3) world economy(3) silicon valley(3) african americans(3) marx(3) charles dickens(3) political philosophy(3) sanskrit(3) sports(3) economics(3) slavery(3) racism(3) stock market(2) innovation(2) comedy(2) james joyce(2) family(2) multiculturalism(2) moral philosophy(2) urban(2) nationalism(2) essays(2) state(2) monopoly(2) disasters(2) homer(2) law(2) minorities(2) logic(2) epic(2) monetary policy(2) women(2) national liberation(2) evolutionary psychology(2) karl popper(2) iran(2) tradition(2) diplomacy(2) feminism(2) edmund burke(2) institutions(2) obama(2) guns(1) trust(1) poverty(1) switzerland(1) art(1) genetics(1) inequality(1) game theory(1) united nations(1) journalism(1) russia(1) dance(1) political correctness(1) marriage(1) buddhism(1) nihilism(1) taiwan(1) emotions(1) social media(1) lincoln(1) afghanistan(1) rural(1) borges(1) bitcoin(1) blockchain(1) working class(1) mahabharata(1) nafta(1) fdi(1) zimbabwe(1) adam smith(1) charles darwin(1) mexico(1) theater(1) bubbles(1) manias(1) cliodynamics(1) alt-right(1) regressive left(1) probability(1) antitrust(1) churchill(1) foreign policy(1) j.m. keynes(1) epistemology(1) william hazlitt(1) oligarchy(1) anti-semitism(1) islam(1) machiavelli(1) caste(1) tom wolfe(1) new journalism(1) philosophical history(1) hegel(1) industrial policy(1) libertarianism(1) language(1) mathematics(1) fiscal policy(1) civil liberties(1) managerial expert class(1) home

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