In economics a “price taker” is defined as a small individual or firm that is not able to affect the prices of goods individually.

We are price takers. Even if we go now to the local grocery store and one million tomatoes, the price of tomatoes in the market won’t be affected.

Not being a price taker [...]

I’ve been tweeting for a few days already in @tweetabtnothing. This have caused me to reflect on the way information is transmitted nowadays in the internet. Ten years ago, the problem of the search engines in the internet (do you remember Yahoo! and Altavista?) was not only having a good algorithm for the search but [...]

Interesting piece on the economy of the West Bank: http://bit.ly/9MUmUF

The financial crisis hits all of us. Harvard decided to cut on the heating in the library to save some bucks.

Is the widespread use of credit cards (and holding less cash in your pockets) affecting homeless people and beggars who ask for change?

Why is there always a positive (significant) correlation between the temperature outside and the amount of work we have to do on weekends?

These are some thieves that know about cost-effectiveness analysis: http://www.dw-world.de/dw/article/0,,5327965,00.html

From Petsy Pies Cafe working: Why do people work on cafes? Does consumption increase productivity or is it concentration spillover effects?

As an economist I believe in technology as a mean to increase productivity.

Blogaboutnothing.net is expanding its horizon to the Twitter world through http://twitter.com/tweetabtnothing. This will allow me to be more productive in the blogging business!

Tweets will appear in the blog, but don’t be scared about your mailboxes filling up – you won’t receive [...]