Tag: Economist

The Good Economist

“Between a good and a bad economist this constitutes the whole difference — the one takes account of the visible effect; the other takes account both of the effects which are seen, and also of those which it is necessary to foresee”. Written by Frederic Bastiat, this phrase is perh...

How an Economist Thinks about Yelp Reviews

The retail world is increasingly driven by online reviews for products, restaurants, and services. These can often be in-depth expert reviews by bloggers or specialty publications like TechRadar, Wired, or AppleInsider, but they are also increasingly reviews by crowds, sourced and managed via platfo...