Tag Archives: Monopsony

Examining NCAA Labor Cartel Propaganda

Patrick T. Harker, President of the University of Delaware and NCAA propagandist (More on the NCAA labor cartel here) Recently the National Labor Relations Board (be sure to download their smartphone app – if you can think of a reason why … Continue reading

Posted in Cartel, Economics, Education, Inequality, Labor, Monopsony, The One Percent, We're Waiting For You | Tagged , , , , , , | Leave a comment

Jon Stewart Weighs In On The NCAA Student-Athlete Labor Cartel

More on the NCAA Student-Athlete Labor Cartel here. Part 1: The Daily Show Get More: Daily Show Full Episodes,Indecision Political Humor,The Daily Show on Facebook   Part 2: The Daily Show Get More: Daily Show Full Episodes,Indecision Political Humor,The Daily Show … Continue reading

Posted in Cartel, Economics, Education, Labor, Monopsony, We're Waiting For You | Tagged , , , | Leave a comment

Lyft and Uber: A Tale of Two Cultures

Gentlemen, start your smartphone apps Today included a two-stop ride-sharing journey with a woman who drives for both Lyft and Uber. An observant amateur anthropologist, she clued me in to more on the differences between between these two competitors. First, … Continue reading

Posted in Culture Matters, Economics, Monopoly, Monopsony, Network Effect, Taxis, The Future, Winner-Take-All Market | Tagged , , , , , , | Leave a comment

Is The Ride-Sharing Business A Winner-Take-All Market?

Business up front… …party in the back From Wired: Uber vs. Lyft: The $500 Million Battle to Decide How You Ride Consider our old friend Ebay. They’re in the business of matching buyers and sellers in a virtual marketplace. If you’re a … Continue reading

Posted in Economics, Monopoly, Monopsony, Network Effect, Taxis, Technology, The Future, Winner-Take-All Market | Tagged , , , , , , , | Leave a comment

How To Win An $18,000 Bonus For “Exceptional Athletic Achievements” Without Suiting Up

In my next event, I’ll be putting my coach in a headlock until he gives me rent money (See previous posts about the financial exploitation of college athletes here, here, and here.) Ohio State wrestler Logan Stieber won the NCAA … Continue reading

Posted in Cartel, Economics, Education, Labor, Monopsony, We're Waiting For You | Tagged , , , , , , , | Leave a comment

The Step-By-Step Guide To Destroying San Francisco’s Housing Market

It’s so expensive nobody lives there anymore From the SFGate: Airbnb sublets in S.F. land some renters in the doghouse The Gentleman Economist finds San Francisco’s charms appealing: Beautiful coastal topography, including hills, fog, a gorgeous bridge and the country’s largest … Continue reading

Posted in Barriers to Entry, Cartel, Corruption, Geography, Housing, Markets That Won't Clear, Monopoly, Monopsony, Rent Control, The Future, You're Not Helping | Tagged , , , , , , , , , | Leave a comment

Underpaying A Kansas College Basketball Player By $50,000 Per Month

From The Atlantic: If We Paid NCAA Basketball Players What They’re Really Worth, This Is What They’d Earn (Previous posts on the NCAA labor monopsony here and here.) Professor David Berri, who appears to specialize in these sorts of analyses, quantifies the … Continue reading

Posted in Cartel, Education, Labor, Monopsony, We're Waiting For You | Tagged , , , , , , | 1 Comment

The NCAA Employment Cartel for College Football Players

Reddit’s famous “Scumbag Steve” meme, as applied to the NCAA (Follow up to this post) From Slate:  But Nobody Even Makes Any Money on College Sports Everyone involved will have their compensation set at market rates except for the players … Continue reading

Posted in Cartel, Economics, Labor, Monopsony | Tagged , , , , | 3 Comments

Highest-Paid Public Employees Per State

From Reddit:  What could possibly go wrong? (click image to expand) The “student-athletes” might not be paid, but their coaches certainly are If labor market price signals mean anything, then most states value the commercial interests of their state universities … Continue reading

Posted in Geography, Labor, Monopsony, Winner-Take-All Market | Tagged , , , , , , | 4 Comments