The Emergence of Dark Marketing
Dark marketing has been a new concept for marketers until recently. Today, it has become an established marketing technique that is growing more popular among all types of companies, from startups to Fortune 500 enterprises.
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Selling Insurance to People Selling Insurance, a Pyramid Scheme Story
BRB Columnists were invited to a World Financial Group (WFG) branch where they learned about “paying it forward,” the Exchange Principle, company-wide trips to Vegas, and everything it takes to make it rich by selling life insurance—all while our recruiter tried to sell us an insurance policy, hundreds of dollars of license fees, and the opportunity of a lifetime. Continue Reading
One Country Two Systems: Political Ingenuity or Politically Ingenuine?
The inception and evolution of Hong Kong’s system of legal frameworks and institutions form the cornerstone of the city’s international and economic identity. Although they, along with the city’s economic system, have helped connect China economically to the rest of the world, the tensions and contradictions inherent in the post-handover system have been laid bare by recent socio-political turmoil and challenges to the rule of law. Hong Kong’s judiciary and legal sector are at a crucial crossroads – with not just the system itself, but with the semi-autonomous city’s economy, people, and future all at stake.Continue Reading
A Market Proposal: Microfinance Pitfalls and Solutions
“Freedom from poverty is not free. The poor are willing and capable to pay the cost,” concluded a 1999 Reserve Bank of India taskforce on finance reforms. While that analysis might seem more at home in a Gilded Age drawing room than a modern boardroom, it reflects the core theory behind international economic development’s golden child: microfinance.Continue Reading
Berkeley-Haas Distinguished Professor on a Crusade to Democratize Financial Knowledge
The BRB Bottomline: With almost two decades of finance and accounting expertise, Panos N. Patatoukas is transforming UC Berkeley into a social and technological platform to bring Financial Information Analysis (FIA) back to the people!Continue Reading
The Economics behind the Marvel Cinematic Universe
Coming off a much-hyped phase 4 announcement and a record-breaking end to phase 3 with Avengers: Endgame, The Marvel Cinematic Universe (MCU) is on a roll like no other. Not many expected this back in 2008, but with a few macroeconomic strokes of luck, the MCU has changed the face of the box-office.
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Is Big Data Really that Big a Deal?
Over the past twenty years, there has been a tremendous increase in the utilizable and interpretable data available to companies. This has led to an arms race amongst investors to gain an informational edge. Business managers have started using collection software and data analysis techniques to look beyond the purely-financial data and gain deeper insights about their customers and business. While many investors are aware of using social media and web scraping to gauge customers’ views on businesses and their products, hedge funds and asset managers have also started using alternative data such as credit card receipts and geolocation because of its potential to achieving higher alpha. So what is alternative data and does it really provide investors with an advantage when making investing decisions?
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Playing the Game: Investing in eSports
99,600,000. That’s how many unique viewers tuned in to the 2018 League of Legends eSports Finals, a viewership on par with the Super Bowl. With the advent of video game live streaming platforms like Twitch and YouTube Gaming, a rapidly developing culture centered around competitive video games challenges the age-old status quo of the sporting world and creates new opportunities for investors and entrepreneurs.Continue Reading
Climate Change and Inequality: A Vicious Cycle
As the costs of climate change mount. policy-makers and environmentalists alike are struggling to find solutions. What is often overlooked through this process, however, is the impact of climate policy on inequality.
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Disintermediation of the Doggy-Doctor Relationship: Following the Puppy Profit
The business of selling things for pets has always been that of selling things to people. In the U.S., money spent on pets has more than doubled in the past decade, and these increases have spurred new products, services, and business models. Continue Reading