Sta Hungry Stay Foolish

Stay Hungry. Stay Foolish.

A blog by Leon Oudejans
Tag:

Demand vs supply

Why do we have labour shortages?

Recently, someone said to me - jokingly - that I am an example why we have labour shortages. Indeed, one could argue that I could work and that I do not work. However, my (post 2013 burnout) situation is already lasting for nearly 10 years. The post-Covid-19 situation is only since 2022. Where did all workers go? Clearly, the 2020-2022 Covid-19 fatalities do not...

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There is no easy escape from the global debt trap (FT)

Financial Times title: There is no easy escape from the global debt trapFT subtitle: No matter what happens to near-term inflation and growth, the world is too indebted for rates to rise much higherOpinion by: Ruchir Sharma (see Note below)Date: 22 November 2021 "One of the big mysteries in the global economy is why, though inflation is making a strong comeback,...

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From “are you being served?” to “will you be served?”

A random Dutch radio news message: police retirement will outpace police recruitment in the forthcoming years, which will result in police shortages. You can hear/read similar messages about nurses, plumbers, teachers etc. The (predicted) impact of a graying population is - finally - becoming noticeable. My blog's title is a reference to the 1972-1985 British comedy...

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The law of supply and demand in hospitals

We are headed for a Code Black scenario in the Netherlands, in which normal healthcare (eg, cancer patients) is minimized or even turned down in favour of corona patients. The blame game is about the demand for hospital beds (eg, unvaccinated people). Rarely, the supply side is mentioned in this blame game. Please take a look at this diagram that I prepared for this...

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The law of supply and demand

Last Sunday evening, I suddenly wondered about the law of supply and demand. Also see my blog of Tuesday. Supply will create demand. Demand will result in supply. Once demand and supply reach an equilibrium, a market price emerges. Does this phenomenon extend to the Space and Time dimensions? From an individual's (ie, micro) perspective, a supply of time (eg, a...

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Who is to blame for hospital demand exceeding supply?

Recently, a friend posted a diagram indicating that the group of hospitalized people now includes unvaccinated and (fully) vaccinated people. This applies to several countries. This is weird as vaccines should prevent hospitalization. I got curious as to the How, What, Who & Why. A recent WebMD article claims the (American) breakthrough cases are in need for a...

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