an AR-15 costs less than two sticks of RAM. this is a market economy establishing an incentive structure
February 19, 2026 at 5:35 PM
an AR-15 costs less than two sticks of RAM. this is a market economy establishing an incentive structure
When I worked at the FT in the 90s, Borough Market was a rough, tatty wholesale market under a decaying Victorian structure. The nearby pubs were mostly about the market traders, and it felt properly dodgy walking through the market in the evening.
With 15 million visitors a year, the foodie mecca has become a tourist trap, and a bitter lease dispute with a key trader raises questions about its future
Can Borough Market avoid becoming a victim of its own success?
www.thetimes.com
September 30, 2026 at 9:22 AM
When I worked at the FT in the 90s, Borough Market was a rough, tatty wholesale market under a decaying Victorian structure. The nearby pubs were mostly about the market traders, and it felt properly dodgy walking through the market in the evening.
Today Ranking Member Warren released principles for crypto market structure legislation.
WATCH: youtube.com/shorts/5g5xK...
WATCH: youtube.com/shorts/5g5xK...
Ranking Member Warren releases principles for crypto market structure legislation.
YouTube video by Senate Banking Housing and Urban Affairs Committee
youtube.com
July 9, 2025 at 7:21 PM
Today Ranking Member Warren released principles for crypto market structure legislation.
WATCH: youtube.com/shorts/5g5xK...
WATCH: youtube.com/shorts/5g5xK...
Interesting — Senator Collins (R-Maine) just voted NO on cloture for the Clarity Act crypto market structure bill
September 15, 2026 at 6:35 PM
Interesting — Senator Collins (R-Maine) just voted NO on cloture for the Clarity Act crypto market structure bill
@blumenthal.senate.gov is right.
As the Senate continues to debate a crypto market structure bill, we must make sure it protect investors, our financial system, and American taxpayers.
As the Senate continues to debate a crypto market structure bill, we must make sure it protect investors, our financial system, and American taxpayers.
January 18, 2026 at 11:42 PM
@blumenthal.senate.gov is right.
As the Senate continues to debate a crypto market structure bill, we must make sure it protect investors, our financial system, and American taxpayers.
As the Senate continues to debate a crypto market structure bill, we must make sure it protect investors, our financial system, and American taxpayers.
Yesterday, Coinbase withdrew its support for the crypto market structure bill. Hours later, the Senate Banking Committee canceled the markup hearing. They’re not even trying to pretend anymore that this bill isn’t written by the industry, for the industry.
January 15, 2026 at 8:51 PM
Yesterday, Coinbase withdrew its support for the crypto market structure bill. Hours later, the Senate Banking Committee canceled the markup hearing. They’re not even trying to pretend anymore that this bill isn’t written by the industry, for the industry.
New Substack post up, for your Friday reading and enjoyment, about the market structure flaws inherent to political betting markets: quantian.substack.com/p/market-pri...
Market Prices Are Not Probabilities
And no, they aren't valuations either
quantian.substack.com
October 18, 2024 at 2:34 PM
New Substack post up, for your Friday reading and enjoyment, about the market structure flaws inherent to political betting markets: quantian.substack.com/p/market-pri...
Sam Bankman-Fried, the fraudster who stole at least $8 billion from customers using his crypto exchange, just endorsed the CLARITY Act.
That should set off alarm bells.
Any crypto market structure bill must protect investors, our financial system, and American taxpayers.
That should set off alarm bells.
Any crypto market structure bill must protect investors, our financial system, and American taxpayers.
February 25, 2026 at 7:37 PM
Sam Bankman-Fried, the fraudster who stole at least $8 billion from customers using his crypto exchange, just endorsed the CLARITY Act.
That should set off alarm bells.
Any crypto market structure bill must protect investors, our financial system, and American taxpayers.
That should set off alarm bells.
Any crypto market structure bill must protect investors, our financial system, and American taxpayers.
BREAKING: US House passes crypto market structure bill and stablecoin bill.
July 17, 2025 at 8:06 PM
BREAKING: US House passes crypto market structure bill and stablecoin bill.
it's also built into the structure bc you literally cannot practice it without market testing your material on groups of people
January 3, 2025 at 10:13 PM
it's also built into the structure bc you literally cannot practice it without market testing your material on groups of people
Nice podcast for those interested in treasury market structure (dozens of us, etc)
www.mercatus.org/macro-musing...
www.mercatus.org/macro-musing...
www.mercatus.org
September 24, 2026 at 10:18 AM
Nice podcast for those interested in treasury market structure (dozens of us, etc)
www.mercatus.org/macro-musing...
www.mercatus.org/macro-musing...
You seem to imagine a fantastical market structure for housing unlike any actual market ever observed in history.
April 28, 2026 at 8:25 PM
You seem to imagine a fantastical market structure for housing unlike any actual market ever observed in history.
Bitcoin is very close to throwing the crypto markets into chaos and I for one cannot wait to see how they improve on the stupidity of the 2022 bear market
November 17, 2025 at 7:43 PM
Bitcoin is very close to throwing the crypto markets into chaos and I for one cannot wait to see how they improve on the stupidity of the 2022 bear market
It is not the free market driving up CEO pay, it is a corrupt corporate governance structure
CEO pay is out of control.
👉 youtu.be/rI8b21JujVk 👀
@deanbaker13.bsky.social @ceprdc.bsky.social digs into the problem, and what we can do about it.
👉 youtu.be/rI8b21JujVk 👀
@deanbaker13.bsky.social @ceprdc.bsky.social digs into the problem, and what we can do about it.
How to Unf★ck CEO Pay
YouTube video by New Economic Thinking
youtu.be
September 29, 2025 at 11:46 PM
It is not the free market driving up CEO pay, it is a corrupt corporate governance structure
imo genAI is only “inevitable” in the same sense that “the technology exists and can’t be un-invented.”
AI companies are operating at insane losses and there’s no guarantee they’ll survive. Calling the current market structure “inevitable” is a weak rhetorical move to shut down valid criticism.
AI companies are operating at insane losses and there’s no guarantee they’ll survive. Calling the current market structure “inevitable” is a weak rhetorical move to shut down valid criticism.
"AI is inevitable!! It's here to stay!! Can't put the genie back in the bottle!! You can't stop progress!!!
But uhhhh... if we had to legally obtain the resources needed to run our business AND unless we make trillions in profits AND unless you give up your drinking water, we're kinda toast 🥺"
But uhhhh... if we had to legally obtain the resources needed to run our business AND unless we make trillions in profits AND unless you give up your drinking water, we're kinda toast 🥺"
“It would basically kill the AI industry overnight”: Nick Clegg thinks asking artists for use permission is a bad thing
Nick Clegg says a requirement to ask artists for express permission to use their work to train AI models would “basically kill the AI industry in this country overnight”.
musictech.com
July 1, 2026 at 2:44 PM
imo genAI is only “inevitable” in the same sense that “the technology exists and can’t be un-invented.”
AI companies are operating at insane losses and there’s no guarantee they’ll survive. Calling the current market structure “inevitable” is a weak rhetorical move to shut down valid criticism.
AI companies are operating at insane losses and there’s no guarantee they’ll survive. Calling the current market structure “inevitable” is a weak rhetorical move to shut down valid criticism.
Newsletter: The crypto industry spent the spring buying primaries, an octagon at the White House, and — they hope — a market-structure bill by the Fourth of July.
www.citationneeded.news/issue-106/
www.citationneeded.news/issue-106/
Issue 106 – A tremendous birthday present
The crypto industry spent the spring buying primaries, an octagon at the White House, and — they hope — a market-structure bill by the Fourth of July.
www.citationneeded.news
June 18, 2026 at 6:22 PM
Newsletter: The crypto industry spent the spring buying primaries, an octagon at the White House, and — they hope — a market-structure bill by the Fourth of July.
www.citationneeded.news/issue-106/
www.citationneeded.news/issue-106/
Today, the Senate Agriculture Committee voted along party lines to advance a crypto market structure bill to the full Senate. They shot down amendments that would try to address Trump’s corruption or that would prohibit bailouts of crypto firms.
The Fairshake PAC timed a press blitz about the nearly $200 million they’re brandishing towards members of Congress just ahead of a Senate Ag vote on crypto market structure. It passed, and amendments to address Trump’s crypto corruption or prohibit bailouts of crypto firms were shot down.
January 29, 2026 at 10:51 PM
Today, the Senate Agriculture Committee voted along party lines to advance a crypto market structure bill to the full Senate. They shot down amendments that would try to address Trump’s corruption or that would prohibit bailouts of crypto firms.
It is not an unfortunate accident of history that 100% of revolutionary socialist regimes (again, as distinct from democratic or market socialism or whatever other 'mixed' form you like) slide almost instantly into totalitarian oppression, but a direct consequence of their ideology and structure.
September 27, 2026 at 4:33 AM
It is not an unfortunate accident of history that 100% of revolutionary socialist regimes (again, as distinct from democratic or market socialism or whatever other 'mixed' form you like) slide almost instantly into totalitarian oppression, but a direct consequence of their ideology and structure.
“…as well as the existing structure of demand for credit institutions in the money market.”
April 10, 2025 at 7:22 PM
“…as well as the existing structure of demand for credit institutions in the money market.”
The House has passed the GENIUS Act stablecoin bill, sending it to Trump's desk where he will sign it. They've also passed the CLARITY Act crypto market structure bill, which still needs to go to the Senate.
July 17, 2025 at 8:00 PM
The House has passed the GENIUS Act stablecoin bill, sending it to Trump's desk where he will sign it. They've also passed the CLARITY Act crypto market structure bill, which still needs to go to the Senate.
So glad we got rid of pensions and moved retirement hopes to the private 401k structure, while the current oligarchy crashes the stock market.
March 3, 2025 at 8:57 PM
So glad we got rid of pensions and moved retirement hopes to the private 401k structure, while the current oligarchy crashes the stock market.
Here's some concept artwork showing the sights that await us when we visit the Fourth!
April 24, 2026 at 5:36 PM
Here's some concept artwork showing the sights that await us when we visit the Fourth!
my tactical decision to park five blocks away from the Fairfax farmers market instead of fighting for my life in the Grove parking structure has been richly rewarded
December 13, 2025 at 9:10 PM
my tactical decision to park five blocks away from the Fairfax farmers market instead of fighting for my life in the Grove parking structure has been richly rewarded
some are calling it the most baldly Freudian market cycle structure in history
This cycle took approximately 21 minutes to play out yesterday, in full.
January 31, 2025 at 5:46 PM
some are calling it the most baldly Freudian market cycle structure in history