Learning Is The First Step
I was scrolling through some of the older things I said on Facebook and found this gem, which I stand by: This was in the particular context of bitcoin price forecasting, which I am notoriously good at. See here and here for example. I stated that MB = MC neglects that the real world has … Read more
I previously wrote about why Your Company Needs an EWW Policy and other benefits. This article will further argue in support of EWW and equity. I. The Main Point It’s all about MB = MC. In basic economics, firm productive efficiency is maximized when the marginal benefit (MB) equals marginal cost (MC). At the employee level … Read more
Marginal costs are a major component of business costs. This article will address specific techniques and technologies which can be used to eliminate marginal costs for businesses. Collectively, these points create a business strategy which I am a huge fan of which is a minimal margin business strategy. These techniques alone won’t do the trick, … Read more