Results for “markets in everything”
1878 found

Austrian markets in everything, rising inequality edition

An Austrian hotel is advertising for a modern-day court fool, who is communicative, extroverted, musical, creative and imaginative.

Applicants are asked to bring — and play — their musical instrument during the job interview. Also welcome: creative costumes. The successful candidate will earn 1,400 euros — around $1,900 — a month.

Hotel director Melanie Franke says those interested should not think they’re on a fool’s errand in applying. She says the idea is to treat guests like royalty, noting that “jesters were a luxury that royal families indulged themselves in.”

Here is a little bit more.

Outsourcing markets in everything

If you live in India, you can now get a job staring at a monitor that displays images of American doctors entering hospital rooms thousands of miles away. Your task is to sound an alarm if the doctor fails to wash his hands.

This may sound disturbingly similar to being an auditor for the telephone handset sanitizers guild, but in practice it turns out to be very effective. It also turns out that this Big Brotherish technology has gotten a big boost from the passage of Obamacare.

That is from Kevin Drum.

Markets in Everything: AER Publication

From EJMR:

I have a new paper that I consider my best work. For a variety of reasons, the marginal return professionally for this paper is very small for me. But I think it has an excellent shot a top
journal, I would estimate 1/3 at the AER (I have published there before). So I am offering it for sale. Here are the details:

1. This paper is not yet posted on my website. It has not been circulated and I have not yet presented it.

2. The paper is applied micro although I will sell it to anyone.

3. Email bids to [email protected]. Use a fake account and make sure to send no revealing information.

4. Your bid is for an AER or QJE. If it ends in Restud, you pay 65%. If it ends in the Journal of Labor Economics, Journal of Public Economics, or EJ, you pay 35%. Other journals are negotiable. You can choose the submission path as long as it starts with one of the top journals.

5. I will contact the winning bid (or highest real bid) to arrange an in person meeting in Philly at the meetings. We will never leave a paper trail.

6. Half of payment is due with a revise and resubmit. I will also make the needed changes. The final half is due with final acceptance.

7. Spare me any discussion of the ethics here. I am dead serious and I will not be commenting further on this thread.

The whole thing could be a troll or an experiment but let’s assume it’s real. An AER could easily be worth 50k, especially for someone early in their career but that’s for one you wrote yourself. An AER written by someone else has a significantly lower expected value since, if revealed, it may end your career. Moreover, suppose the buyer, as unlikely as it seems, takes advantage of the big push and makes it big on their own. Is the buyer not then vulnerable to blackmail from the seller who already has signaled their ethics? I can see this appealing, however, to the scion of some dictator who could afford to pay well over 50k and also afford to make the seller pay if the secret is revealed. Caveat emptor and also caveat venditor. True, there are not many econ PhDs among the dictator set but there are a few and sadly this kind of thing does have precedents.

P.S. I did like the discounting by journal, a nice, accurate touch.

Markets in everything, the culture that is Manhattan

Some wealthy Manhattan moms have figured out a way to cut the long lines at Disney World — by hiring disabled people to pose as family members so they and their kids can jump to the front, The Post has learned.

The “black-market Disney guides” run $130 an hour, or $1,040 for an eight-hour day.

“My daughter waited one minute to get on ‘It’s a Small World’ — the other kids had to wait 2 1/2 hours,” crowed one mom, who hired a disabled guide through Dream Tours Florida.

“You can’t go to Disney without a tour concierge,’’ she sniffed. “This is how the 1 percent does Disney.”

That is by the way much cheaper than Disney’s own “VIP service,” which costs over $300 an hour.  Here is more, and I thank Neal and also Adam Cohen for the pointer.

Attempted fish markets in everything, economies of scope edition

The headline is: “Desperately Seeking Cichlid: Fish Species Down to Last 3 Males, No Known Females.”

Once upon a time the Mangarahara cichlid (Ptychochromis insolitus) lived in a single habitat: a river in Madagascar from which the species gets its name. That river has now been dammed and the habitat has dried up. Today there are just three Mangarahara cichlids left—all males. Two reside at the Zoological Society of London’s (ZSL) London Zoo Aquarium; the third lives at the Berlin Zoo.

Although the species appears to be extinct in the wild, ZSL London Zoo hopes that somewhere, somehow a female or two might exist in private hands. “We are urgently appealing to anyone who owns or knows someone who may own these critically endangered fish, which are silver in color with an orange-tipped tail, so that we can start a breeding program here at the zoo to bring them back from the brink of extinction,” aquarium curator Brian Zimmerman said in a press release last week.

The zoo has already reached out to other facilities around the world, with no luck. Now the only hope lies in private aquarium owners, fish collectors and hobbyists who might see the zoo’s appeal and realize that they own a female cichlid. The zoo has even set up a dedicated e-mail address for anyone with information: [email protected].

Of course you can’t count on the market alone, as there are cultural preconditions for cooperation:

…even if a female does turn up, breeding won’t be guaranteed. Zimmerman told the BBC News that the Berlin Zoo used to have a female that it had hoped to breed with its male. Instead, the male killed its potential mate. “It’s a fairly common thing with cichlids,” Zimmerman said.

We’ll see how the supply elasticity works out on this one…

For the pointer I thank Chris MacDonald.

Labor markets in everything

 A New York City real estate company made the offer and dozens of employees are getting inked.

As CBS 2′s Emily Smith reported Tuesday, a tattoo can be a way to show off your personality. For Rapid Realty employees, it is the fast track to a 15 percent pay raise if you get inked with the company logo.

There are no size or location restrictions. Brooke Koropatnick got hers behind the ear.

The story is here, and for the pointer I thank Mark Thorson.  By the way, there is this too:

The credit doesn’t go to Rapid Realty owner Anthony Lolli. He said he got the idea from a loyal employee who wasn’t doing it for money.

“He calls me up, he says ‘Hey Anthony, I’m getting the logo on me.’ I show up at the shop and I’m like ‘this is cool, how can I repay you?’” Lolli said.

German markets in everything

Responding to an order from above, a Munich court has reopened the media accreditation process for reporters covering the biggest neo-Nazi trial in German history. Seats will now be allotted by raffle, with several being reserved for the Turkish, Greek and other foreign press.

Here is more, note there are several reserved for Persian, Greek, and Turkish media.

Australian free rider markets in everything

From the excellent and apparently inexhaustible Mark Thorson:

A poster telling customers they’ll be charged $5 for browsing if they don’t purchase anything has been put up at Celiac Supplies in the Brisbane suburb of Coorparoo, Reddit user BarrettFox reported.

Owner of the gluten free produce store, Georgina, says she resorted to putting up the sign after spending hours each week giving advice to people who leave empty-handed.

About 60 people a week would go into the store, ask questions and then buy the same or similar product at a supermarket chain or online.

“I’ve had a gut full of working and not getting paid,” Georgina, who didn’t want her surname published, told AAP.

The full article is here.  The store owner comments:

“I can tell straight away who are the rat bags who are going to come in here and pick my brain and disappear,” she said.

Cypriot vending machine markets in everything?

I don’t think this is a joke, and it is only a plan, and not a mainstream business project, in any case my apologies if I have been tricked by an early April Fool’s joke:

Upon examination of the marketplace and many discussions with Justin O’Connell (TDV Newsletter & Gold Silver Bitcoin), as well as another key strategic partner of ours, I have decided to move forward with what I believe could be the next multi-billion dollar business venture: Bitcoin ATM.

But that isn’t all. It is wholly our intention at Bitcoin ATM to put the company in the right position to open its very first ATM in Cyprus. If we did this now, and we are moving quickly to make this so, we would be the only functioning ATM on the island.

That is from “The Dollar Vigilante,” hat tip goes to Mike K.

Russian markets in everything

According to this story in Canada’s National Post, cops in Moscow have been ordered to inspect ambulances after learning that VIP commuters are riding around in “ambulance taxis” that cost as much as $200 per hour.

These aren’t just ordinary ambulances, either. They’ve been cleverly fitted with fancy and luxurious interiors so their passengers can eat caviar and sip champagne while they blow through traffic with lights and sirens blazing.

The story is here, tweeted here, hat tip goes to HL.

Hobby drone golf markets in everything

Rocketry golf takes off:

“The Rocketry Golf Organization (RGO) Aimed its First Contest with Golf Pro, Shawn Kelly, vs. Doug Frost, at The Ridge Golf Course, Auburn, Ca., March 19 and 26, 2013

Rockets with plastic golf balls, replace driver clubs, as they fly to the green no matter how far. Shawn Kelly, golf pro, will compete against these rocket machines. Doug Frost, rocketry golfer, will have to putt out with a real golf ball and club.” -PRNewswire

rocketrygolf

For the pointer I thank the apparently excellent Brett Keller.