So food with a McDonalds wrapper does taste better. Now I’m sure many people will take this as a sign that advertising is evil, as it can lead to children being overweight, however I think it is an awesome service provided by McDonalds. You see McDonalds advertising makes food taste better, they increase the value …
Category Archive: Industrial economics
Permanent link to this article: http://www.tvhe.co.nz/2007/08/07/image-does-make-a-difference/
Jul 31 2007
Creative destruction
I’ve always had a soft spot for the idea of creative destruction, even though my understanding of the it is well below par. I found the following article interesting, in the way it used the idea of job creation and destruction to describe the process of changing unemployment. It gives us a good idea about …
Permanent link to this article: http://www.tvhe.co.nz/2007/07/31/creative-destruction/
Jul 27 2007
Fast food and health standards
As I was waiting in line to grab some McDonalds before going to see the latest Harry Potter movie I got to thinking about why the line was so long. In fact, I got to thinking about why, when there are other perfectly good foods around the food court, was half the place lining up …
Permanent link to this article: http://www.tvhe.co.nz/2007/07/27/fast-food-and-health-standards/
Jul 25 2007
Broadband penetration
Found this little gem on Marginal Revolution. It says that the OECD methodology for measuring Broadband penetration is flawed, as it measures per capita instead of per household rates (so countries with larger households are penalized, since people living in the same house can just share a connection). Now the OECD methodology for pretty much …
Permanent link to this article: http://www.tvhe.co.nz/2007/07/25/broadband-penetration/
Jul 25 2007
Dairy farmers and their bling
So, it looks like the dairy farmer is doing well. This raises an interesting quesiton. Are dairy farmers doing well because of: a) Government help b) The fact that their milk is sold by a monopoly c) Favourable world commodity prices d) Some mix of all three (note you can give a zero probablity to …
Permanent link to this article: http://www.tvhe.co.nz/2007/07/25/dairy-farmers-and-their-bling/
Jul 22 2007
Telecom separation
So Telecom is to be operationally separated. To prevent the issue of double marginalization, the commerce commission is going to regulate the price set in the access market. Do you think this is the correct way to regulate the access network. While I believe it will lead to more competition in the wholesale and retail …
Permanent link to this article: http://www.tvhe.co.nz/2007/07/22/telecom-separation/
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