Good Accounting is a Positive Externality
Plus! Crossovers; Politics: Back on Meta; Structure; Gradual Tariffs; Property Rights
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The Economics of Logos
Read this article →Plus! Elsewhere in Reputation Markets; Knocking Down Data Walls; Closing the Arbitrage; Cost Avoidance; State AI Investment
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Longreads + Open Thread
Read this article →Longreads * Gwern has a lengthy meditation on effort, specifically the kind of effort involved in doing what was previously thought to be impossible. It's not so much a unified theory of extreme effort as it is a comprehensive refutation of the existence of such theories. There are stories
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The Loneliness Economy Wins Through Higher Sustained Productivity Growth
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Moderation, Inside and Out
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Time Arbitrage and SaaS Pricing Power
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Credentialism and the Money Illusion
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Longreads + Open Thread
Become a member to gain access →Paradigms, AI, Pentium, Netflix, China, SBF
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The Large- and Small-Home Market Advantages
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In Credit Underwriting, Better is Worse
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Economic Lessons from the Last Few Singularities
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Longreads + Open Thread
Read this article →Inflation, AI, Linkrot, Data, Research, Pod Shops, Life Advice, Nvidia