Sublime
An inspiration engine for ideas
deadweight loss
Alex Taborrok • Modern Principles of Economics
Big Idea Ten: Central Banking Is a Hard Job
Alex Taborrok • Modern Principles of Economics
Why don't more businesses use prediction markets? - Marginal REVOLUTION
Tyler Cowenmarginalrevolution.com
Proprietary Technology
Peter Thiel, Blake Masters • Zero to One
The most obvious clue was sartorial: cleantech executives were running around wearing suits and ties. This was a huge red flag, because real technologists wear T-shirts and jeans.
Peter Thiel, Blake Masters • Zero to One
This number—which Gittins called the “dynamic allocation index,” and which the world now knows as the Gittins index—
Brian Christian, Tom Griffiths • Algorithms to Live By: The Computer Science of Human Decisions
Tyler Cowen on the Great Stagnation’s End
open.spotify.comGood policy uses incentives to channel behavior toward some desired outcome. Bad policy either ignores incentives, or fails to anticipate how rational individuals might change their behavior to avoid being penalized.
Charles Wheelan • Naked Economics: Undressing the Dismal Science (Fully Revised and Updated)
We have an alternative solution, ergodicity economics, which has replaced the expectation value of the operator on this random object with a time average, or time average growth.