Economics

Economics

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Question of the Day: How much does an artist make for every 1 million streams on Spotify? - Blog
Question of the Day: How much does an artist make for every 1 million streams on Spotify? - Blog
A picture is worth a thousand words...but how about if someone listens to you sing a million times? Answer: Around $4,370 Questions: Have you ever thought about how the artists on platforms like Spotify are paid? Do you think around $4,000 per 1 million streams is high or low? What other things have you seen artists do that would supplement their streaming income?
derek68·ngpf.org·
Question of the Day: How much does an artist make for every 1 million streams on Spotify? - Blog
The Incentive Game
The Incentive Game
This game is designed to teach one of the most important fundamental concepts in economics: The idea that incentives matter and people will change their behavior in a predictable way when their incentives change.
derek68·mru.org·
The Incentive Game
More US consumers are falling behind on payments
More US consumers are falling behind on payments
Consumers are starting to fall behind on their credit card and loan payments as the economy softens, according to executives at the biggest U.S. banks, although they said delinquency levels were still modest.
derek68·reuters.com·
More US consumers are falling behind on payments
Girl Scout Cookies Sold Out Online in Hours: Behind the $800 Million Empire | The Economics Of | WSJ - YouTube
Girl Scout Cookies Sold Out Online in Hours: Behind the $800 Million Empire | The Economics Of | WSJ - YouTube
Girl Scout cookies like Thin Mints, Samoas and Tagalongs are sold only a few months each year, yet they generate $800 million in revenue annually for Girl Scouts of the USA. In fact, the organization is the largest girl-led entrepreneurial program in the world, helping young girls practice unique skills like goal setting and money management. WSJ takes a look at how cookies have served as the key ingredients for Girl Scouts' longstanding success. 0:00 Girl Scout cookies have been around for over 100 years 0:41 How Girl Scout cookies’ nimble business model led to a boost in online sales 1:35 How Girl Scout cookies’ limited supply and changing flavors works in their favor 2:42 How the Girl Scout cookie program works and why it is effective The Economics Of How do the world's most successful companies generate revenue? In this explainer series, we'll dive into the surprising stories behind how businesses work--exploring everything from Costco's "treasure-hunt" model to the economics behind Amazon's AWS. #GirlScouts #GirlScoutCookies #WSJ
derek68·m.youtube.com·
Girl Scout Cookies Sold Out Online in Hours: Behind the $800 Million Empire | The Economics Of | WSJ - YouTube
Did Ed Sheeran hit pilfer Marvin Gaye classic? Trial to tell
Did Ed Sheeran hit pilfer Marvin Gaye classic? Trial to tell
Opening statements are set for Tuesday morning in a trial that mashes up Ed Sheeran’s “Thinking Out Loud” with Marvin Gaye’s “Let’s Get It On.” The heirs of Gaye's co-writer of the 1973 soul classic, Ed Townsend, are suing Sheeran in a trial that started in Manhattan federal court Monday. After a jury was picked, jurors were told to await openings on Tuesday. Townsend's heirs say Sheeran's 2014 hit is so similar to “Let's Get It On” that it violates copyright. Sheeran is among witnesses expected to testify. His lawyers say the similarities are simply the basic chord progressions and song structures behind much of pop music.
derek68·apnews.com·
Did Ed Sheeran hit pilfer Marvin Gaye classic? Trial to tell
Misaligned Incentives Plague Professional Drafts
Misaligned Incentives Plague Professional Drafts
Professional sports drafts are designed to promote parity and competitiveness among teams, with the worst-performing teams getting the top picks in the next season. However, this well-intentioned system has been plagued with misaligned incentives that have led to tanking and other forms of unsportsmanlike behavior. Recent events in the NBA and NFL drafts highlight these problems and their economic implications.
derek68·jadrian.substack.com·
Misaligned Incentives Plague Professional Drafts
S&D_Worksheet_LaborShortage.docx
S&D_Worksheet_LaborShortage.docx
Worksheet – Supply and demand, Shortage, Labor market Related news articles: The labor shortage in Helsinki will deepen in the coming years (Helsinki Times, April 14, 2023), and New research delivers grim warning about ongoing nursing shortage (ABC 11, April 14, 2023) Summary: This worksheet coul...
derek68·docs.google.com·
S&D_Worksheet_LaborShortage.docx
EconExtra: Where did $100's of millions of deposits go? - Blog
EconExtra: Where did $100's of millions of deposits go? - Blog
Funds have been moving out of banks, particularly small and medium-sized banks. Much has been going into Money Market accounts, while some has moved to larger banks, and some directly into Treasuries. The outflow from banks has been triggered by widespread fears following the SVB and Signature Bank runs and closures. The Financial Times placed the inflows to Money Market funds at $340 billion (graph below.) "Bank deposits have fallen $363 billion to $17.3 trillion since the beginning of March, Fed data show.
derek68·ngpf.org·
EconExtra: Where did $100's of millions of deposits go? - Blog