Amazon hires economics to give it an edge that competitors are hard to match
In the past few years, Amazon has hired more than 150 PhD economists, making it probably the largest employer in the field behind institutions like the Federal Reserve, which has hundreds of economists on staff.
The folks at Amazon are not doing the same sort of traditional chief economist’s role. They’re doing something completely different.
These hyper-secretive economists are transforming how Amazon does business – CNN
Amazon has turned so many businesses, from retailing to cloud computing, inside out. Now its is upending the traditional role of economists within companies, as well as the field of economics.