From Media Monopolies to Dating Sites: How Markets Fail and Why It Matters

Vox - These are the charities where your money will do the most good.

Our market economy produces trillions of dollars in wealth and provides us with ever more stuff. We are richer than any humans that have come before, and by many measures, life has never been better. In other words, the market system generally works. But periodically markets fail, and when they do the results can be catastrophic. In this Olio we will explore how market failure occurs and why market failure seems to be happening more frequently. 

There are a number of ways markets fail, from externalities to asymmetric information, and the idea of this Olio is to delve into the market failures happening in real life. From crypto currencies, to online dating sites to tourists paying too much for a bottle of water, we'll explore market failures and how they directly affect us.




Location: Nowadays

56-06 Cooper Ave, Ridgewood, NY 11385

Trees, ping pong, checkers, grass to lie in, fresh air, and the occasional passing freight train.




Interdisciplinary Learning with the Best Professors


Think Olio is not about learning a new skill or adding credentials to your resume. It is about getting together with other people and expanding our worldview. It exists as a conduit for fruitful discussions, a dissent from the regurgitation of facts, and an embrace of new perspectives.


Learn about joining the Scenius for $10 / month



Other upcoming Olios


Dec 28

New Year’s House Party | Remembering 1919 – A Hellish Year

Taught by Lawrence Cappello
7:30 p.m. at Living Room

Sign Up - $15

Dec 29

Scenius Summit 2019: No Professor New Year's Weekend

Taught by
noon at OlioHouse | Wassaic, NY

Sign Up - $100

Jan 4

Museum Visit | Strange Beauty in the Italian Renaissance

Taught by Ted Barrow
7 p.m. at The Morgan Library & Museum

Sign Up - $15

Jan 11

Somebody to Love: A Feminist Reading of Freddie Mercury

Taught by Jamie Warren
7 p.m. at Strand Bookstore

Sign Up - $20

Jan 22

Living Room Salon | Our Struggle with Free Will

Taught by Jeanne Proust
7:30 p.m. at Living Room

Sign Up - $15

Jan 24

Living Room Salon | Tough Poetry in Dark Times

Taught by Geoff Klock
7:30 p.m. at Living Room

Sign Up - $15

Feb 2

OlioHouse | Our Stories, Our Bodies: Rape Culture in American History

Taught by Jamie Warren
noon at OlioHouse | Wassaic, NY

Sign Up - $150

Feb 9

OlioHouse | The Love Symposium

Taught by Skye Cleary
noon at OlioHouse | Wassaic, NY

Sign Up - $150

Feb 15

Philosophy and Friendship

Taught by Jeanne Proust
7 p.m. at Strand Bookstore

Sign Up - $20


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