By Unknown Senin, 21 Desember 2015 Federal Reserve FOMC inflation interest rates Janet Yellen model choice rules versus discretion Thomas Kuhn Really, now: the Fed and "Breaking News"?! Mike Smitka I was having lunch at a brewpub in Kokomo IN last Wednesday (Dec 16) as the multiple screens over the bar proclaimed "break...
By Unknown 09.26 auto OEM Federal Trade Commission Ford franchise dealer FTC James Frost Koslov tesla The FTC Opens the Hood Ruggles December 2015 I hadn’t intended to write this as a standalone piece. And I am guilty of using the title to the post, published on t...
By Unknown Minggu, 22 November 2015 BIS China Chinese yuan logarithms trade-weighted exchange rates Real Effective Exchange Rates vs Market Rates: the RMB (Chinese yuan) Mike Smitka, Washington and Lee University Here's a chart I created for my China's Modern Economy class showing the appreciation of...
By Unknown Kamis, 05 November 2015 aging China demographics fertility General Motors in China Janet Yellen and Donald Trump one-child family policy Volkswagen in China China's One-child Policy: redundant and now go Mike Smitka, Prof of Economics, Washington and Lee Here I discuss the end of China's one-child policy. In my weekly WREL economics segme...
By Unknown Rabu, 28 Oktober 2015 Aeon Carrefour Carroll and Hannan hypermarkets Ito-Yokado Japan population ecology retail Tesco Walmart Walmart overseas: why so poor a performance? Mike Smitka Let me follow up on my previous post on Walmart's strategic challenges. There I noted that Walmart has been singularly unsuc...
By Unknown Kamis, 22 Oktober 2015 economies of scale economies of scope Seiyu strategy United Way of Rockbridge Walmart WREL The Economics of Strategy: Walmart's Senescense Michael Smitka Washington and Lee University October 22, 2015 WREL Update Today there's no "news" – nothing in the latest econ...
By Unknown Kamis, 15 Oktober 2015 consumer price index CPI PPI producer price index TPP Trans Pacific Partnership United Way of Rockbridge TPP and Inflation: Weekly News Mike Smitka, Washington and Lee University First, Wednesday Oct 14 and Thursday Oct 15 (today, but after taping my radio segment) saw the re...