Open-source software may well be the greatest “public good” the market economy has ever produced.
Author: Tyler Cowen
Of all the countries in sub-Saharan Africa to be optimistic about, the most promising is Kenya.
Not every profound technological advance has broad social and economic implications.
What will the next half a decade bring? Many people are in for a shock.
The collapse of FTX has brought many renewed calls for crypto regulation. That is precisely why this is a time for caution.
One of the most common criticisms of cryptocurrency is that it is just a way to get around financial rules and regulations. That’s a feature, not a bug.
Much of the primary value of crypto assets is from their price volatility, which is part of their appeal. This has profound implications.
What will it be like when you have your own bot, and it is as good as or better than you at many daily tasks? The answer may come sooner than you think.
Crypto assets are advanced tools of globalisation that work in complex, well-functioning markets. They’re not protections against the depredations of hostile governments.
This is a good moment to assess how radically lower crypto prices will affect how socially valuable crypto will prove to be.