Wal-Clinic and the Nature of Primary Care

Struggling to find new sales avenues as the big-box model is in decline, Wal-Mart is building an express-care network. The author makes some interesting points about the nature of primary care in our busy lives.  Scheduling, no-shows, and overbooks are some of the biggest headaches in primary care practice.  It is very difficult to plan […]

Data Visualization: All Trends Subject to Change

Rather than my usual news-item commentary, I am going to write about something I’ve learned from data modelling and visualization. The biggest expense for many employers is salaries & wages.  This can be a tricky expense to model and visualize, because there is a lot of seasonality in the way payroll expenses are paid.  I […]

Uber’s Valuation: The Mundane is Now a Market

  The citizen-for-hire taxi service Uber raised $1.2 billion dollars that put it at a $17 billion valuation. This should remind us that in the connection economy, value is waiting to be unlocked in the simplest of everyday activities.  What used to just be a journal or small ‘zine can now easily become a million-dollar […]

Big Data and Disperse Knowledge

  Economists are frequently turning to Twitter, Google and other online data sources to analyze the markets. In an economy less focused on manufacturing and more on information and connections, it only makes sense to use internet-created data in economic modelling.  Just as car sales were tantamount to analyzing the Rust Belt economy of the past, […]

What the Internet Can Do For Pennies

I enjoy listening to NPR’s Planet Money.  They make economic theory manageable to the average listener, through stories on everything from violins to professional sports. I’m frequently disappointed, however, in the incomplete economic thought that goes into the show.  The reporters tend to miss some pretty simple connections from their story to economic principles.   It […]