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NEWS

Tyler (and Scott S.) vs. me on inflation

February 28, 2021February 28, 20216 min read

Tyler Cowen writes, To see why the huge increase in bank reserves did not result in inflation, consider that there has been a considerable decrease in U.S. excess bank reserves over the last five years. No one claims that this … Continue reading →

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Monetary Economics, Tyler Cowen is my Favorite Blogger
NEWS

Is prestige a danger sign?

February 27, 2021February 27, 20211 min read

Paul Graham writes, the most important thing I learned, and which I used in both Viaweb and Y Combinator, is that the low end eats the high end: that it’s good to be the “entry level” option, even though that … Continue reading →

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business economics, Tyler Cowen is my Favorite Blogger
NEWS

Cowen, Schumpeter, and employment fluctuations

February 12, 2021February 12, 20212 min read

Tyler Cowen writes, I take a finance perspective on the output gap. If you are at what others call “full employment,” you can indeed do better, or at least try to do better. Start 300 companies that aim to be … Continue reading →

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PSST and Macro, Tyler Cowen is my Favorite Blogger
NEWS

Virus update

February 10, 2021February 10, 20213 min read

1. Ynetnews said, Researchers at Tel Aviv’s Ichilov Hospital on Thursday announced it has seen positive results in preliminary trials for a cure for COVID-19. Meanwhile, Joseph A. Ladapo wrote, while scientists argue that widespread vaccination will prevent variants from … Continue reading →

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Tyler Cowen is my Favorite Blogger, virus crisis
NEWS

Concerning decentralization

February 9, 2021February 9, 20211 min read

1. Zvi Moushowitz and I are going back and forth about decentralization on Pairagraph. In progress. Self-recommending. 2. Tyler Cowen Bloomberg) does a one-person back-and-forth, Why not, for example, put social media on blockchains and have efficient cryptocurrency micropayments to … Continue reading →

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Internet governance and political theory, Tyler Cowen is my Favorite Blogger
NEWS

FITS update

February 7, 2021February 7, 20211 min read

I have a spreadsheet with names, listed by position. Don’t worry about the positions so much at this point. When something is in parentheses after a someone’s name, it means they are also eligible at another position. You should not … Continue reading →

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Tyler Cowen is my Favorite Blogger
NEWS

ZMP in today’s economy

February 4, 2021February 4, 20212 min read

Tyler Cowen coined the phrase zero marginal product workers, or ZMP, to describe the uneven impact of the 2008 financial crisis on highly-educated and less-educated workers. I think we need to consider ZMP much more broadly. 1. As I wrote … Continue reading →

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Labor Market, Tyler Cowen is my Favorite Blogger
NEWS

Conspiracy or kludge?

January 29, 2021January 29, 20213 min read

The unfortunately named Anthony Denier says, in reality, what’s going on is that there is a two-day settlement between if you buy the stock today, those brokerage firms that you bought that stock on have to fund that trade with … Continue reading →

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financial markets, Tyler Cowen is my Favorite Blogger
NEWS

V-Day?

January 28, 2021January 28, 20213 min read

Today we have had our appointments for the first dose. But because the vaccine location is in a different county from where we live, that county decided to cancel us. Actually, it sounds like we would have had a DMV-like … Continue reading →

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Tyler Cowen is my Favorite Blogger, virus crisis
NEWS

Blame the Boomers?

January 26, 2021January 26, 20213 min read

In a review of Helen Andrews’ Boomers, Barton Swaim writes, “The theme that connects all these seeming digressions,” Ms. Andrews writes, “is . . . the essence of boomerness, which sometimes manifests itself as hypocrisy and other times just as … Continue reading →

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books and book reviews, Tyler Cowen is my Favorite Blogger
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Recent Posts

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CFPB Says Payment Processor Aided $71M Elder Fraud – Law360
NEWS

CFPB Says Payment Processor Aided $71M Elder Fraud – Law360

March 4, 2021March 4, 20211 min read
CFPB Says Payment Processor Aided $71M Elder Fraud  Law360CFPB Says Payment Processor Aided $71M Elder Fraud  Law360CFPB…
Arizona House passes bill to let app makers use their own payment processing – SiliconANGLE News
NEWS

Arizona House passes bill to let app makers use their own payment processing – SiliconANGLE News

March 4, 2021March 4, 20211 min read
Arizona House passes bill to let app makers use their own payment processing  SiliconANGLE NewsArizona House…
Biden Agrees to Lower Income Caps For Stimulus Payments – The New York Times
NEWS

Biden Agrees to Lower Income Caps For Stimulus Payments – The New York Times

March 4, 2021March 4, 20211 min read
Biden Agrees to Lower Income Caps For Stimulus Payments  The New York TimesBiden Agrees to Lower…
Stimulus Check Update: What Comes Next for $1400 Direct Payments, Extra Unemployment Benefits – Motley Fool
NEWS

Stimulus Check Update: What Comes Next for $1400 Direct Payments, Extra Unemployment Benefits – Motley Fool

March 3, 2021March 3, 20211 min read
Stimulus Check Update: What Comes Next for $1400 Direct Payments, Extra Unemployment Benefits  Motley FoolStimulus Check…
Square’s $170 Million Bitcoin Bet Isn’t a Big Deal – Motley Fool
NEWS

Square’s $170 Million Bitcoin Bet Isn’t a Big Deal – Motley Fool

March 3, 2021March 3, 20211 min read
Square's $170 Million Bitcoin Bet Isn't a Big Deal  Motley FoolSquare's $170 Million Bitcoin Bet Isn't…
Payment Processing Solutions Market 2021 Overview, Outlook, Recent Trend By Top Competitors and Forecast – The Courier – The Courier
NEWS

Payment Processing Solutions Market 2021 Overview, Outlook, Recent Trend By Top Competitors and Forecast – The Courier – The Courier

March 3, 2021March 3, 20211 min read
Payment Processing Solutions Market 2021 Overview, Outlook, Recent Trend By Top Competitors and Forecast –…
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