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Starting to see economics books that acknowledge cryptocurrency as a landmark in the field.

That’s been true in CS for a while, but Medema is an econ prof at Duke.
marginalrevolution.com/marginalrevolu…
Crypto has divided academic econ.

Krugman, Shiller, Stiglitz, Merton, Thaler, Fama have criticized it.

Others like Summers, Roth, Hart, Maskin, Pissarides have supported it.

Many economists now getting involved in blockchain startups.
bloomberg.com/news/articles/…
For a new idea to have a chance it doesn’t need a consensus for it. It just needs to not have too strong a consensus *against* it.
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Balaji S. Srinivasan
@balajis
Minimum description length for concepts should be a thing.
MP3 is a psychoacoustic algorithm for audio compression.

Could we develop a psycholinguistic method for textual compression?
Ebook highlights, popular tweets, famous sayings, and the like provide datasets of sentences that have a particular ring to them.

Maybe you could parse them with the Stanford Parser or equivalent, compare to normal sentences, and find some differences?
Read 4 tweets
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Balaji S. Srinivasan
@balajis
The long-term solution to this is data-local computing + federated machine learning + homomorphic encryption.

Store the data locally, compute in a privacy preserving way.

Make it so that large centralized databases of sensitive data can’t be leaked to anyone, including the NYT.
Data-local computing with conflict-free replicated datatypes (CRDTs). Non-blockchain-related technology for decentralization:
Federated machine learning
ai.googleblog.com/2017/04/federa…
Read 4 tweets
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Balaji S. Srinivasan
@balajis
What are the right metrics for writers and readers?

Currently publishers measure themselves by pageviews, ad revenue, and impact.

But perhaps the right metrics are around learning and earning. Does a piece help a reader build knowledge or create wealth?
nytimes.com/2019/12/18/opi…
For example, Lambda School can quantify the impact of their content. They increased people's human capital (learning) and that increased their actual capital (earning).

Tricky part is attribution at the individual page level.
Many writers these days are like boxing promoters. They get two people to fight and make money from the spectacle.

The fighters both lose wealth, but the publication makes money. It's negative sum at the system level.
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Brett Reynolds
@brettrey3
I live in a duplex in Mississauga. Let's say I have the funds to install solar on my house, or replace my high-efficiency natural-gas furnace, or replace my 2105 Corolla with an EV. What would be the best carbon bang for my $? #ClimateChange #onpoli #economics #carbonfootprint
Maybe @andrew_leach might have some idea?
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Santa Fe Institute
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SFI President David Krakauer introduces our annual board of trustees symposium on New #Complexity #Economics - follow this thread for live coverage of talks by @EricBeinhocker @AKStanger @ole_b_peters @JacksonmMatt @cmoncap & W. Brian Arthur today...
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Pedro Nicolaci da Costa
@pdacosta
"#Economics has long been the purview of men; almost all the names in early economic thought were men, with the notable exception of Joan Robinson, a member of John Maynard Keynes’s inner circle of Cambridge economists." - @LipstickEcon americanprogress.org/issues/women/n…
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Matthew Willemsen
@mwill_crypto
⏱️ Okay, can we all take a moment (or a thread) to acknowledge the sheer amount of developments that have transpired within the @MakerDAO ecosystem over the past ~34 hours!? 👇
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LimePay is supported by MakerDAO's #investment arm.
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Read 13 tweets
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Matthew Taylor #fbpe
@mat8iou
Not sure if I'm more upset that Kodak, the once global undisputed master of imaging has resorted to being a crypto-currency peddling huckster or that enough people bought into this to significantly inflate their share price
davidgerard.co.uk/blockchain/201…
#KodakCoin #KodakCES2018 #Kodak
The crazy thing is that Kodak isn't even the worst example of throwing cryptocurrency buzzwords about to pimp your share price. Even chilled beverage manufacturers are in on the action.
arstechnica.com/tech-policy/20…
#KodakCoin #cryptocurrency #blockchain
And burger restaurants...
arstechnica.com/tech-policy/20…
#MobivityMerit #Hooters #blockchain #cryptocurrency
Read 10 tweets

Trending hashtags

#EarnCrypto #uncertainty #Ethereum #identity #Tech #economics #public #litecoin #pseudoscience #TomoChain #blockchain #Seo #cryptocurrency #NULS #ERC20 #etc #entrepreneurship #complexsystems #communication #Antpool #crypto #booksofig #worldview #RNCinCLE #Domains4sale
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