Discover and read the best of Twitter Threads about #econ101

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#LGWiki geht public… also, die cleane Version, nochmal poliert.

Erste Stelle, nach der ich sehe:
Das wurde nach dem 19.3. für die cleane Version verkürzt auf einen Link zu einem #Reichhörnchen Tweet.
wiki.letztegeneration.de/de/%C3%B6ffent…
Das ist noch da – ich schaue hier jetzt nur nach meinen Zitaten, nicht Ko- oder Kontext.

wiki.letztegeneration.de/de/%C3%B6ffent…
Read 20 tweets
Do you believe there are significant differences between #Economics and #Tokenomics of #web3?

Can we simply apply what we know from #Econ101 to tokens and become successful investors and buidlers?

We asked a Tokenomist to find out! 🧵 👇 Image
#Economics is a social science that studies the production, distribution, and consumption of goods and services that focuses on the behavior and interactions of economic actors and how economies work. Economics is PREDICTIVE: Given rules, what outcome can one expect? Image
#Tokenomics is the study of token supply & demand dynamics, behavioral mechanisms, and incentive design. All characteristics are programmed and the outcomes can be observed transparently on-chain.

Tokenomics is DESIGN oriented: Given desired outcomes, what rules does one create? Image
Read 5 tweets
Econ101: Any market economist who has worked on developing countries knows about the difference between social and economic return to investment, & how government must act based on this difference: Govt must invest directly or give financial incentives to private investors
2/* (correction) ….difference between social and private return ...
3/scba Difference btwn social & private return has to b larger than cost of intervention, incl inefficiency induced by taxation & the administrative costs(+corruption) of intervention. Beware of political benefits being mis-represented as social benefits. Benefit/cost <0 is posbl
Read 4 tweets

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