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Category: Blog/Featured

Is Hollywood running out of risk?

Posted On November 30, 2015September 23, 2021 By D. T. Cochrane1 Comment

Shimshon Bichler and Jonathan Nitzan Repost from Real-World Economics Review Blog If we are to believe the conventional creed, Hollywood films are highly risky investments. According to De Vany, revenue forecasts have zero precision, which is just a way of saying that ‘anything can happen’. . . . The ‘nobody knows’ principle . . . […]

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Category: Blog/Featured

Some Important Limitations of Income Inequality Data

Posted On July 11, 2015September 23, 2021 By Jonathan Nitzan

Jonathan Nitzan Blair Fix, a PhD student in the Faculty of Environmental Studies at York University in Toronto, points to some important limitations of income inequality data. In a recent posting on capitalaspower.com, Fix shows that, in the case of the U.S., the Top 1% income share correlates not with the share of capitalists in […]

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Category: Blog/Featured

‘The 1% and the Rest of Us’ — Tom Mills Interviews Tim Di Muzio

Posted On July 3, 2015September 23, 2021 By Ilirjan Shehu