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.@tylercowen explains why it's rational for finance to be 8% of GDP: https://t.co/puzBpuizc3
Dwarkesh Patelx.comHayek gives us the intuition of prices conveying only what market participants deem to be the most important information and actually destroying the rest, and Holland shows how this can be represented with the formalism of complex systems.
Sacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism
In data and analytics, Bloomberg is being challenged by a raft of start-ups. Some of them target smaller investors like me who baulk at paying Bloomberg’s US$24,000 subscription fee. Others target bigger customers who want to go deeper into more specialised data than Bloomberg supports. I use two alternatives—Koyfin and Sentieo.
Marc Rubinstein • Disrupting Bloomberg
Tyler Cowen
open.spotify.com
Michael Norton, a professor of management at Harvard Business School and a coauthor of the book Happy Money,