Gwern — Economics↗
by Gwern Branwen
Economic analysis, copyright, and incentives.
10 posts
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Each email contains one post, starting with #1
Console Insurance Is A Ripoff
7 minBack of envelope financial calculations: Warranties, fine; insurance, no! Consider the poor consumer considering ‘insurance’.
Against Copyright
10 minCopyright considered paradoxical, incoherent, and harmful from an information theory and compression perspective as there is no natural kind corresponding to ‘works’, merely longer or shorter strings...
Girl Scouts & Good Corporate Governance
20 minI was reading a new blog, ribbonfarm.com by the interesting Venkatesh Rao, because one post on the true organization of corporations had been linked approvingly on LessWrong ; he presents a lifecycle...
Long Bets as Charitable Giving Opportunity
10 minOptimal choice of which bets to make and how much to offer is simplified by the upper bound of 18 years, the high probability that most bet offers will be declined, the inability to reinvest gains...
Reasons of State: Why Didn’t Denmark Sell Greenland?
14 minExercise in pointing out the obvious: Greenland has been, is, and will be indefinitely, a white elephant.
Local Optima & Greedy Choices
1 minSome interesting links on local optima/greediness/risk-aversion/creative destruction (eg. Porter hypothesis or equity premium puzzle), sometimes demonstrated by disasters.
My Ordinary Life: Improvements Since the 1990s
20 minA list of unheralded improvements to ordinary quality-of-life since the 1990s going beyond computers.
Self-Funding Harberger Taxes
17 minHampering the current life+ n years system of unregistered copyrights is the dual problem of mismanagement & orphan works .
‘IQ & SES’ directory
2 minhttps://www.nature.com/articles/s41588-024-01710-0 : “Genetic Modifiers of Rare Variants in Monogenic Developmental Disorder Loci” , Rebecca Kingdom, Robin N. Beaumont, Andrew R. Wood , Michael N.
‘copyright’ directory
2 minhttps://www.thisamericanlife.org/832/transcript#act2 : “I Wish I Knew How to Force Quit You” , This American Life , Simon Rich link-bibliography https://www.npr.