fighting the lack of good ideas
A dozen years ago, I shared an edited-for-readability chat I had with a friend on the gold standard. In it I stated: I’d think that it would be better to keep the mountains and valleys more stable / less high|deep, so that slowdowns aren’t felt by a disproportionately small community/niche of the economy, and so…
Google bought Android and made great things with it. They also had an interesting audacity to announce an “open, modular” phone that ‘anyone’ could design from, and make components that would play nicely together (like IBM did with their initial ISA architecture releases back in the 80s). (Microsoft then flipped the tables on IBM and…
continue “modularity is great – if you commoditize the right complements” »
I first came across Why Nations Fail at my local Half Price Books. After seeing it on the shelves a couple times, but still being unsure about whether I really wanted to read it or not, I reserved it at my local library. Now I wish I had bought it (and likely will) – Daron…
continue “why nations fail by daron acemoglu and james a robinson” »