Economics

The case for Ethereum maximalism

Ethereum is going to win it all, the markets just haven’t realized it…

Maybe America is simply too big

In the aftermath of the election of Donald Trump as President of the United States, many of us are…

Answers to my IO pop quiz

I’ve seen an uptick in interest in vigorous antitrust enforcement lately in my Twitter feed. To be sure, monopolies are not usually ideal, but it’s not clear to me that breaking up big companies or preventing mergers is the best way to deal with shortcomings in competition.

Bitcoin as a medium of settlement

Don’t think of it as a way to buy coffee

Who are the most confident elite economists?

Let’s ask them.

Price Discrimination Enables New Products and Services to Exist

A common sentiment that I encounter in the tech policy world is a visceral opposition to price discrimination. This is odd to me, because as an economist, I know that price discrimination often leads to more efficient…