Mark W. Johnson is co-founder and senior partner at Innosight, a growth strategy consulting firm, which he co-founded with Clayton Christensen in 2000.
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Mark Johnston
@econfix.bsky.social
· Sep 16
Positive externalities of nature in Australia
Nature in Australia is vital economic infrastructure. When the value of non-market ecosystem services—such as climate regulation, water purification, pollination, and flood protection—is included, …
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Mark Johnston
@econfix.bsky.social
· Sep 10
A Level Economics Revision – National Income
GROSS DOMESTIC PRODUCT (GDP) – Under new definitions introduced in the late 1990s, Gross Domestic Product is also known as Gross Value Added. It is defined as the value of output produced wit…
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Mark Johnston
@econfix.bsky.social
· Sep 6
Developing countries move out of US$ debts
Interest payments on developing countries loans have in some cases exceeded 10% of revenues. This surge in public debt servicing costs is alarming, limiting budgets in these countries. In 2023, a h…
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Mark Johnston
@econfix.bsky.social
· Sep 2
A Level and NCEA Economics – monopolistic competition
With NCEA and CIE practice exams approaching, below is a mindmap about monopolistic competition which will hopefully help with revision of the topic. Adapted from Susan Grant – A Level Econom…
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Mark Johnston
@econfix.bsky.social
· Aug 31
Role of Price Elasticity of Demand – Wall Street Journal
Below is a very good video from the Wall Street Journal on price elasticity of demand (PED). PED is key to understanding how companies price their products. Consumer spending has held up relatively…
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Mark Johnston
@econfix.bsky.social
· Aug 17
Indicators of an economy: tractors, concrete, imported cars, length of a ladder etc.
I’ve always been on the lookout for different economic indicators not just GDP per capita. One which (literally) caught my eye was the size of Alan Greenspan’s (former US Fed Chair) briefcase befor…
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Mark Johnston
@econfix.bsky.social
· Aug 7
Behavioural Economics course for school students
Today I presented to our Yr 10 students about what to expect in the Yr 11 Economics course in 2026. As we don’t have an external exam in Yr 11 it gives us the ability to include other areas t…
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Mark Johnston
@econfix.bsky.social
· Aug 2
Market power, innovation and inequality
In economics issues of competition, growth, and the distribution of their benefits have long been central concerns with the growing concentration of market power in the hands of corporations. Gover…
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Mark Johnston
@econfix.bsky.social
· Jul 15
Foodstuffs North Island and cartel conduct
If you are covering market structures in NCEA Level 3 or in CIE A Level, the recent news that the New Zealand Commerce Commission is taking Foodstuffs North Island and its subsidiary Gilmours Whole…
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Mark Johnston
@econfix.bsky.social
· Jul 13
Stability breeds instability – the Minsky Moment
I have shown my classes the documentary ‘Inside Job’ and the movie ‘The Big Short’ both about the 2007 global financial crisis (GFC). The GFC is often described as a Minsky Moment named after econo…
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Mark Johnston
@econfix.bsky.social
· Jul 12
Macroeconomic conditions and market performance.
A report from Apollo (Asset Managers) Chief Economist Torsten Sløk talked of the threat of stagflation in the US economy. He states that tariffs are typically stagflationary shocks as they increase…
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Mark Johnston
@econfix.bsky.social
· Jul 10
Moral psychology and economic policy
In recent years the discipline of moral psychology has generally been seen as separate to that of economics although historically (Adam Smith and Karl Marx) discussions of political economy* were c…
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Mark Johnston
@econfix.bsky.social
· Jul 6
Greater productivity needed for NZ food and fibre sector.
The food and fibre sector in New Zealand plays a crucial role in the economy, driving economic activity and serving as a major source of export earnings. It is also pivotal in supporting the govern…
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Mark Johnston
@econfix.bsky.social
· Jun 26
Regressive carbon pricing in the EU
In Germany and France, carbon pricing disproportionately affects low-income households compared to their wealthier counterparts. This disparity arises because products and services commonly consume…
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Mark Johnston
@econfix.bsky.social
· Jun 22
Barbers and imperfect competition in Senegal
The Economist had a short article on their correspondent getting a haircut in Dakar Senegal. Prices for a haircut in the low income countries should be a lot cheaper when compared to the developed …
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Mark Johnston
@econfix.bsky.social
· Jun 20
What is the best policy goal for growth? productivity or competitiveness?
An article in the June Finance and Development magazine from the IMF addressed the path to prosperity for economies and if the focus should be on competitiveness or productivity. The concept of com…
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