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Commentary on Economics, Strategy and More

Last Build Date: Sun, 13 Aug 2017 18:42:11 +0000


Is cross-ownership a competition problem in Australia?coreeconmartincschmalz_2017-Mar-16 3.jpgmartincschmalz_2017-Mar-16 2.jpgmartincschmalz_2017-Mar-16.jpgmartincschmalz_2017-Mar-16 1.jpg

Thu, 16 Mar 2017 14:33:19 +0000

Possibly. First some context. I raised this issue a couple of years ago in a post here. It was motivated by new research in the US on the impact of cross-ownership by institutional investors on competition in US airlines. So ask yourself: when those shareholders vote on the composition of boards or the management of … Continue reading "Is cross-ownership a competition problem in Australia?"(image)

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Will pricier soda lead to slimmer waistlines?gigifosterunsweduau

Thu, 23 Feb 2017 00:27:51 +0000

Policies that can be set in motion with little more than the stroke of a pen can be very seductive. That’s particularly true with policies that appear to have the same hue as some major social problem, since lawmakers can use that problem as a rationale for the policy, and hope that no one thinks … Continue reading "Will pricier soda lead to slimmer waistlines?"(image)

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In Memoriam Thomas C. Schellingaortmannphd

Tue, 13 Dec 2016 21:32:40 +0000

Tom Schelling was a US American economist (born April 14, 1921); until his death yesterday (Aussie time) he was Distinguished Professor of Economics at the University of Maryland, College Park. He was awarded the 2005 Nobel Memorial Prize in Economic Sciences which he shared with Robert Aumann, a belated completion of the NASH quartet that … Continue reading "In Memoriam Thomas C. Schelling"(image)

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Tot ziens Australie!paulfrijters

Wed, 07 Dec 2016 07:59:50 +0000

It’s been a great 15 years in Australia for me and the family, so we will be leaving lots of friends and colleagues behind as we seek new adventures in London, where from next week onwards  I will be part of a Wellbeing centre, pretty much the same topic as the Australian Research Council has … Continue reading "Tot ziens Australie!"(image)

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In Memoriam Reinhard Selten (1930 – 2016)aortmannphd

Thu, 01 Sep 2016 20:55:09 +0000

German economist extraordinaire Reinhard Selten has died. Born October 1930, he was 85. In 1994 he was awarded the Nobel Memorial Prize in Economic Sciences which he shared with John Harsanyi and John Nash, three quarters of the NASH quartet of Nash, Aumann, Selten, Harsanyi that has been widely credited to have advanced decisively the theory of … Continue reading "In Memoriam Reinhard Selten (1930 – 2016)"(image)

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What she sees at the revolutionaortmannphd

Tue, 16 Aug 2016 21:59:18 +0000

Peggy Noonan is a writer and columnist for the WSJ.  Part of her reputation stems from her writing speeches for Reagan and the elder Bush, and for coming up with memorable phrases. Some of these phrases apparently did not work out well for whom she coined them. Read my lips. In a recent WSJ opinion … Continue reading "What she sees at the revolution"(image)

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Australian Banks ask for permission to collude against Applecoreecon

Wed, 27 Jul 2016 12:45:12 +0000

This news caused me to make a spit-take on my morning coffee. Several of the country’s big banks are seeking to join forces and negotiate as a bloc with technology giant Apple, which could lead to a collective boycott of Apple Pay, in a bid to offer “digital wallets” on the iPhone. Commonwealth Bank, National … Continue reading "Australian Banks ask for permission to collude against Apple"(image)

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The NBN needs emergency triagecoreecon

Mon, 11 Jul 2016 11:16:02 +0000

Now that the election is done and sorted and there isn’t a hung parliament, it is time for Australia to get on to the job of urgent policy-making. There are lots of areas in need of help but I am going to focus here on one close to my heart: broadband. By any measure, broadband … Continue reading "The NBN needs emergency triage"(image)

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Adverse Action Lawyer wanted in Frijters versus UQ casepaulfrijtersfeb2015cover3264x1078

Mon, 20 Jun 2016 00:16:41 +0000

I am seeking a lawyer to run an Adverse Action case connected to the recent Fair Work Commission verdict that found systematic breaches of procedures and procedural fairness in the University of Queensland’s actions against me following my research on racial attitudes in Brisbane. I first raised these breaches late 2013, but they were never … Continue reading "Adverse Action Lawyer wanted in Frijters versus UQ case"(image)

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Finally, return to work tax rebatescoreecon

Sun, 19 Jun 2016 14:38:57 +0000

I have been following the Australian election at a distance and it is amazing how much more policy-centered it is than elections taking place here in North America. There are so many policies it is easy to miss some. Thankfully an alert Twitter follower noticed something familiar about the ALP’s new policy with regard to … Continue reading "Finally, return to work tax rebates"(image)

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