Casper, Learn to Code, and Dengism with American Characteristics
Plus! Marketing, China, Peak California update, unweirdness
All posts
In chronological order
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Culture Week!
Read this article →Featuring: Strategy Games, Economics of Ghosting, Recipe Sites, Optionality & Leo Strauss, and Reading
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Business Books, Techno-Thrillers, Globalization
Read this article →Plus more globalization, a job ad, a reverse job ad, and more...
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Bitcoin, Pet Insurance, Boomer Economics
Read this article →Plus: Introverts, Malthus, the economics of love, book reviews—and an upcoming book!
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Content Marketing, GDP Lies, Minting Certainty
Read this article →Plus: Charter Cities, technical debt, Euro conspiracies, and how hedge fund LPs asked for fee increases before they asked for lower fees
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WeWork redux, Mexico's Secret Sovereign Wealth Fund
Read this article →Plus the economics of not living up to your reputation, and a regulatory arbitrage unicorn, and more...
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What René Girard Can Teach Us About Bubbles
Read this article →If your interests are niche enough, it feels like the world’s population is, at most, a couple hundred people. Enough that you don’t personally know everyone, but not so many that you’re more than two degrees of separation away. This thought occurred to me a few months
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Basis Risk, Google Finance, Business Mafias, YC as Harvard
Read this article →The Latest It’s been a busy week. The latest posts: * In Basis Risk, Alpha Factories, and Being too Clever for your own Good, I take a look at the perks and perils of hedge funds that lever up to run lots of ostensibly-uncorrelated strategies. It usually works, but
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Lessons from the East Asian Economic Miracle
Read this article →Edited August 7, 2019: I have a follow-up post with more. I’ve always had highly libertarian instincts, for both pragmatic and ideological reasons. You say civilians should be able to own rocket launchers, I demand that these rocket launchers not face a sales tax. But for me and
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Cases for Optimism
Read this article →Readers, I appreciate you all, but you are so negative. I’ve published 64 pieces on Medium, but 75% of my lifetime pageviews come from just three: one about why US residential real estate is broken, one about the challenges of the mealkit industry, and one about how California has
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The Case for Subsidizing, Or Banning, COBOL Classes
Read this article →You can’t reduce all economic decisions to a series of financial bets, but it’s a good way to clarify things. Sometimes. Unfortunately, in the case of COBOL, a sufficiently thoughtful analysis points in two equal and opposite directions: we either need to pay people to learn it or
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Overthinking Elevators
Read this article →Everyone knows you can justify writing about any trend as long as you have three examples. So I was absolutely thrilled to see this tweet: The time has come. Join me as I overthink elevators. Elevators are a big deal because interruptions are a big deal. There is almost no