economics
Imported tag from Readwise
economics
Imported tag from Readwise
Hence, just as a value network is characterized by a specific rank-ordering of product attributes valued by customers, it is also characterized by a specific cost structure required to provide the valued products and services.
How big is this sector? Estimates suggest the total commercial real estate market is worth around $45–50 billion, growing at a steady 8–10% annually. That’s solid growth, especially given the ups and downs we’ve seen in recent years.
This means that rice nourishes families on half the land that wheat requires.
Which means population density in rice areas can be twice as high as in wheat areas, or four times with double cropping. [2] A hectare of land can feed 1.5 families with wheat and 6 with rice.
The Balance Sheet Economy is static; it measures what we own , not what we are doing*.* Its metrics are expressed as stocks of assets that exist at a moment in time. For example, on December 31, 2022 there were 142 million existing homes in the U.S.
high-value manufacturing industries have economic effects that go far beyond their own activities; they generate service-sector employment and are vital to sustaining the kinds of pools of local talent that are needed to spur innovation and technological breakthroughs.
High-value manufacturing industries do more for the economy than just their own work; they create jobs in other areas like services. They also help build a strong community of skilled workers, which is important for coming up with new ideas and technology.
Content only survives and proliferates if creators are able to generate meaningful revenue. Feature films can justify their production costs because theaters can charge the price of admission. YouTubers can justify their production costs because of the ability to generate ad revenue. Content that cannot unlock monetization at scale cannot survive
... See morea vast, middle-of-the-road array of mid-priced goods and services—is no longer competitive. No question, the constant disappointments, the repeated predictions of a turnaround that never seems to come, have reduced the credibility of Sears’ management in both the financial and merchandising communities.
The harder we have to work to get something, the more we value it.
Wage and price rises, in brief, are usually a consequence of inflation. They can cause it only to the extent that they force an increase in the money supply.