Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024
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Re: Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024
#2Which is why the pro-Trump tech folks are playing with fire. Exchanging potentially faster approvals/lower regulation for favored projects, for an environment where rule of law and institutions are weakened.
Re: Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024
#3If interested, this page has context: https://www.nobelprize.org/prizes/economic-sciences/2024/pop...
Re: Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024
#4Which is why the pro-Trump tech folks are playing with fire. Exchanging potentially faster approvals/lower regulation for favored projects, for an environment where rule of law and institutions are weakened.
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Re: Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024
#5I strongly recommend Acemoglu, Robinson classic book "Why Nations Fail"
https://www.amazon.com/Why-Nations-Fail-Origins-Prosperity/d...
It's very accessible, no economics background required. Along with Krugman and Kahneman, one of the few economics scholars that take the time to write a book for layman.
Re: Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024
#6Well deserved. Acemoglu is the economist everyone respects.
Very technical, but not for the sake of mathiness. His models have a meaning. They clarify thought and ideas. https://scholar.google.com/citations?user=l9Or8EMAAAAJ&hl=en
Re: Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024
#7I strongly recommend Acemoglu, Robinson classic book "Why Nations Fail" https://www.amazon.com/Why-Nations-Fail-Origins-Prosperity/d... It's very accessible, no economics background required. Along with Krugman and Kahneman, one of the few economics scholars that take the time to write a book for layman.
I also recommend Acemolgu's recent book "Power and Progress" on the relationship between labor and technology [0].
If you don't like reading, Acemoglu gave a talk about it at HKS recently [1]
[0] - https://ig.ft.com/sites/business-book-award/books/2023/longl...
Re: Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024
#8Which is why the pro-Trump tech folks are playing with fire. Exchanging potentially faster approvals/lower regulation for favored projects, for an environment where rule of law and institutions are weakened.
The pro-Trump tech folks are 90% about crypto. It's single-issue politics, like abortion or gun rights.
Scratch the surface on a SV Trump supporter like Marc Andreessen, and you'll find a big bag of crypto that they want to keep dumping on retail investors.
Re: Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024
#9Which is why the pro-Trump tech folks are playing with fire. Exchanging potentially faster approvals/lower regulation for favored projects, for an environment where rule of law and institutions are weakened.
The slow and messy process of reaching consensus (or close) via a complex web of institutions help “western” (in the sense that Kotkin uses) societies avoid really bad policy and adapt to mistakes.
Some people are frustrated by this and think it would be much better to substitute their judgment for this process. They don’t necessarily hold this view selfishly or maliciously, they are just short sighted.
Re: Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024
#10Which is why the pro-Trump tech folks are playing with fire. Exchanging potentially faster approvals/lower regulation for favored projects, for an environment where rule of law and institutions are weakened.
The pro-Trump tech folks are 90% about crypto. It's single-issue politics, like abortion or gun rights. Scratch the surface on a SV Trump supporter like Marc Andreessen, and you'll find a big bag of crypto that they want to keep dumping on retail investors.
It’s not really about crypto. It just self interest.