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With the news of Microsoft acquiring (or offering to buy, I'm entirely clear on the deal) Activision/Blizzard, I thought I'd talk a little about the economics of corporate mergers and acquisitions.
In this episode I'm reading from an article published in FEE.org by Peter G. Klein.
https://fee.org/articles/mergers-and-acquisitions-why-greed-is-good/
I've been watching a lot of debate and commentary on debates of Socialism vs Capitalism lately, and I wanted to talk about the issue of debaters getting hung up on their conflicting definitions of capitalism, and how capitalists can resolve the disagreement.
Also, I saw a claim that the Ancap argument for "Slave Wages" is that "Somebody else will do it if I don't, so it might as well be me." That, in my opinion, is a very poor assessment of the Ancap position, or if not, then those saying it aren't properly articulating an accurate capitalist position on the issue of "Slave Wages".
I had a bit of a discussion with my friend as to whether Ubisoft might be buffing the newly released character in For Honor, Kyoshin, in order to raise sales, because if not enough people buy the character, it may have costed more to make him than they earned in sales. My friend insisted that's impossible, so I thought I'd take a look at the Income Statement for Ubisoft to is if that's true.
In this episode I wanted to address the common belief that increased costs cause higher prices, which isn't entirely accurate, though it can, depending upon market forces, be the case. I also wanted to talk a little bit about public education, and the belief that we need to pay teachers more, which I may address further some other time.
From the publisher's feed