Decentralised systems today are inefficient, but that may change. Just as computers went from factories to phones, technology may take us to a point where factors other than efficiency result in the decentralisation of information.
1. Debt: The First 5,000 Years, By David Graeber. Great book because it gets us out of our very modern and restricted understanding of how money and debt work. Perhaps,… Read More »Pure Decent Books About How the World Works – May 2016
The beauty of a referendum is that there are often only two answers, “yes” and “no”. What we have at the Paris Climate Change convention is the exact opposite of a… Read More »Hashtag One Euro Carbon
Dear Spirit Airlines, I recently booked my first flight with you Spirit and was pleasantly surprised. You are the first airline I have seen to charge separately for carrying on… Read More »Please stop giving me things for free
The short version Plausibly yes. It does seem plausible that Mr. Trump could be richer today if he had invested his inheritance in a broad range of stocks and left it there… Read More »Could Donald Trump have made more money sitting on his hands?
According to a very nice Uber driver I met on Sunday the two reasons are simple: 1) The Red Sox are losing because that was the plan 2) The Red… Read More »Top Two Reasons the Red Sox are Losing
The strategy of investing in hundreds of early stage startups per year appears, at least in one case, to allow a return of more than 80% year on year. This… Read More »The best way to make a fortune investing in startups