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Economics

TagLast edit: 26 Nov 2021 14:08 UTC by Multicore

Economics is the social science that studies how humans and other agents interact in a universe with scarce resources. It deals with topics such as trade, specialization of labor, accumulation of capital, technology, and resource consumption. Agents in economics are generally assumed to have utility functions, which they try to maximize under various constraints.

Economics is usually separated into microeconomics and macroeconomics. Microeconomics concerns the behavior of agents as they interact in a market. More narrowly, it studies the price mechanism, a decentralized system of allocating goods and services based on an evolving system of prices and trade, which all actors in a market economy contribute towards. The price mechanism is closely related to the concept of the invisible hand, first introduced by Adam Smith. Game theory is the mathematical study of rational agency, which formalizes many standard results in microeconomics.

Macroeconomics concerns the aggregate behavior of entire economies. For example, it studies economic growth, inflation, international trade and unemployment. An ongoing debate concerns to what extent the impacts of artificial intelligence should be viewed through the lens of economics.

Inad­e­quacy and Modesty

Eliezer Yudkowsky28 Oct 2017 21:51 UTC
124 points
82 comments18 min readLW link

Book Re­view: Why Are The Prices So Damn High?

sarahconstantin28 Jun 2019 19:40 UTC
61 points
7 comments8 min readLW link
(srconstantin.wordpress.com)

High Stock Prices Make Sense Right Now

johnswentworth3 Jul 2020 20:16 UTC
83 points
27 comments4 min readLW link

Six eco­nomics mis­con­cep­tions of mine which I’ve re­solved over the last few years

Buck13 Jul 2020 3:01 UTC
189 points
58 comments9 min readLW link

The Costs of Reliability

sarahconstantin20 Jul 2019 1:20 UTC
146 points
12 comments3 min readLW link2 reviews
(srconstantin.wordpress.com)

We Live in a Post-Scarcity Society

lsusr30 Oct 2021 12:05 UTC
50 points
22 comments3 min readLW link

The Reader’s Guide to Op­ti­mal Mone­tary Policy

Ege Erdil25 Jul 2022 15:10 UTC
56 points
10 comments14 min readLW link

Re­fac­tor­ing EMH – Thoughts fol­low­ing the lat­est mar­ket crash

Alex_Shleizer28 Feb 2020 15:53 UTC
33 points
16 comments3 min readLW link

Con­sid­er­a­tions On Cost Disease

Scott Alexander10 Feb 2017 4:33 UTC
43 points
7 comments22 min readLW link

What Hap­pens Dur­ing a Recession

Elizabeth20 Apr 2020 3:03 UTC
50 points
4 comments5 min readLW link

Zoom Tech­nolo­gies, Inc. vs. the Effi­cient Mar­kets Hypothesis

Zack_M_Davis11 May 2020 6:00 UTC
72 points
47 comments4 min readLW link

Against Tulip Subsidies

Scott Alexander6 Jun 2015 4:19 UTC
52 points
5 comments8 min readLW link

Limits of Cur­rent US Pre­dic­tion Mar­kets (Pre­dic­tIt Case Study)

aphyer14 Jul 2020 7:24 UTC
188 points
49 comments7 min readLW link

Inad­e­quate Equil­ibria vs. Gover­nance of the Commons

Martin Sustrik25 May 2018 13:17 UTC
178 points
18 comments14 min readLW link2 reviews

Money: The Unit of Caring

Eliezer Yudkowsky31 Mar 2009 12:35 UTC
194 points
132 comments4 min readLW link

The Cam­bist and Lord Iron: A Fairy Tale of Economics

Alicorn19 Dec 2010 2:05 UTC
64 points
40 comments1 min readLW link

Prop­erty as Co­or­di­na­tion Minimization

Vaniver4 Aug 2020 19:24 UTC
38 points
35 comments4 min readLW link

Anti-EMH Ev­i­dence (and a plea for help)

Wei_Dai5 Dec 2020 18:29 UTC
94 points
47 comments5 min readLW link

Your Cheer­ful Price

Eliezer Yudkowsky13 Feb 2021 5:41 UTC
246 points
82 comments17 min readLW link6 reviews

A whirlwind tour of Ethereum finance

cata2 Mar 2021 9:36 UTC
233 points
53 comments11 min readLW link

[Question] Should gov­ern­ment set in­ter­est rates?

yhoiseth6 Jul 2021 13:57 UTC
1 point
8 comments1 min readLW link

Com­bin­ing the best of Ge­or­gian and Har­berger taxes

Yair Halberstadt12 Aug 2021 5:55 UTC
20 points
21 comments10 min readLW link

[Cross­post] On Hreha On Be­hav­ioral Economics

Scott Alexander31 Aug 2021 18:14 UTC
105 points
6 comments22 min readLW link

In­sights from Modern Prin­ci­ples of Economics

TurnTrout22 Sep 2021 5:19 UTC
70 points
63 comments13 min readLW link

Moloch and the sand­pile catastrophe

Eric Raymond2 Apr 2022 15:35 UTC
113 points
25 comments3 min readLW link

Units of Exchange

CFAR!Duncan28 Jun 2022 16:53 UTC
88 points
28 comments11 min readLW link

Col­lege Ad­mis­sions as a Bru­tal One-Shot Game

devansh5 Dec 2022 20:05 UTC
12 points
26 comments2 min readLW link

“Hereti­cal Thoughts on AI” by Eli Dourado

DragonGod19 Jan 2023 16:11 UTC
140 points
36 comments3 min readLW link
(www.elidourado.com)

Mar­ket Rate Food Is Lux­ury Food

jefftk23 Nov 2019 15:10 UTC
11 points
12 comments2 min readLW link
(www.jefftk.com)

Pric­ing ex­ter­nal­ities is not nec­es­sar­ily eco­nom­i­cally efficient

Orborde9 Nov 2019 12:07 UTC
19 points
9 comments1 min readLW link
(www.daviddfriedman.com)

Us­ing Vick­rey auc­tions as a price dis­cov­ery mechanism

epiphi12 Jan 2020 1:00 UTC
16 points
1 comment1 min readLW link
(kevinlynagh.com)

Re­pos­sess­ing Degrees

jefftk13 Jan 2020 21:40 UTC
10 points
14 comments2 min readLW link
(www.jefftk.com)

Con­trar­ian LW views and their eco­nomic implications

Larks8 Oct 2014 23:48 UTC
30 points
126 comments1 min readLW link

The Chilling Effect of Confiscation

jefftk25 Apr 2020 2:50 UTC
39 points
7 comments1 min readLW link
(www.jefftk.com)

[Question] Should we be re­assess­ing the ar­gu­ment for global­iza­tion?

jmh26 Apr 2020 13:52 UTC
5 points
8 comments1 min readLW link

So­lar sys­tem colon­i­sa­tion might not be driven by economics

Stuart_Armstrong21 Apr 2020 17:10 UTC
26 points
44 comments2 min readLW link

The Eco­nomic Con­se­quences of Noise Traders

FactorialCode14 Jun 2020 17:14 UTC
45 points
3 comments1 min readLW link
(www.nber.org)

High­lights From The Com­ments On Cost Disease

Scott Alexander17 Feb 2017 7:28 UTC
7 points
2 comments25 min readLW link

The Price Of Glee In China

Scott Alexander24 Mar 2016 0:12 UTC
16 points
1 comment5 min readLW link

Things Prob­a­bly Matter

Scott Alexander21 Jul 2016 2:03 UTC
13 points
1 comment5 min readLW link

The Tragedy of the Anticommons

Kaj_Sotala15 Mar 2009 17:32 UTC
43 points
47 comments5 min readLW link

Book re­view: The Com­pla­cent Class

Richard_Ngo13 Oct 2018 19:20 UTC
20 points
0 comments5 min readLW link
(thinkingcomplete.blogspot.com)

Book re­view: 23 things they don’t tell you about capitalism

Richard_Ngo18 Oct 2018 23:05 UTC
21 points
2 comments5 min readLW link
(thinkingcomplete.blogspot.com)

Book Re­view: How Asia Works by Joe Studwell

Zvi18 Feb 2017 18:43 UTC
1 point
0 comments15 min readLW link

Teach­ers vs. Tutors

[deleted]26 Oct 2010 16:59 UTC
18 points
21 comments1 min readLW link

Mazes and Duality

14 Jul 2020 19:54 UTC
62 points
10 comments6 min readLW link

Un­con­scious Economics

jacobjacob27 Feb 2019 12:58 UTC
119 points
30 comments4 min readLW link3 reviews

Co­or­di­na­tion as a Scarce Resource

johnswentworth25 Jan 2020 23:32 UTC
206 points
19 comments4 min readLW link2 reviews

Shap­ing eco­nomic in­cen­tives for col­lab­o­ra­tive AGI

Kaj_Sotala29 Jun 2018 16:26 UTC
45 points
15 comments4 min readLW link

Fix­ing sci­ence via a ba­sic income

Kaj_Sotala2 Aug 2018 8:30 UTC
30 points
29 comments3 min readLW link
(kajsotala.fi)

Cash trans­fers are not nec­es­sar­ily wealth transfers

Benquo1 Dec 2017 10:10 UTC
59 points
36 comments11 min readLW link
(benjaminrosshoffman.com)

Tech eco­nomics pat­tern: “Com­modi­tize Your Com­ple­ment”

gwern10 May 2018 18:54 UTC
40 points
3 comments1 min readLW link
(www.gwern.net)

Zero­ing Out

Zvi5 Nov 2017 16:10 UTC
45 points
8 comments4 min readLW link
(thezvi.wordpress.com)

[Question] How has the cost of cloth­ing in­su­la­tion changed since 1970 in the USA?

DanielFilan12 Jan 2020 23:31 UTC
14 points
10 comments1 min readLW link

Ap­proval Ex­trac­tion Ad­ver­tised as Production

Benquo15 Dec 2019 14:51 UTC
82 points
39 comments19 min readLW link3 reviews
(benjaminrosshoffman.com)

In Defense of Finance

Jacob Falkovich17 Dec 2018 16:59 UTC
51 points
31 comments1 min readLW link
(putanumonit.com)

Perfect Competition

Zvi29 Dec 2019 13:30 UTC
49 points
30 comments7 min readLW link
(thezvi.wordpress.com)

The Oil Cri­sis of 1973

Elizabeth22 May 2020 15:50 UTC
77 points
10 comments3 min readLW link1 review
(acesounderglass.com)

Pre­face to the se­quence on eco­nomic growth

Matthew Barnett27 Aug 2020 20:29 UTC
51 points
0 comments4 min readLW link

Com­par­a­tive Ad­van­tage is Not About Trade

johnswentworth22 Sep 2020 18:43 UTC
85 points
26 comments3 min readLW link

In­tel­li­gence in Economics

Eliezer Yudkowsky30 Oct 2008 21:17 UTC
14 points
12 comments5 min readLW link

It’s not eco­nom­i­cally in­effi­cient for a UBI to re­duce re­cip­i­ent’s employment

paulfchristiano22 Nov 2020 16:40 UTC
87 points
60 comments4 min readLW link
(sideways-view.com)

Vac­ci­na­tion with the EMH

DirectedEvolution29 Dec 2020 3:05 UTC
17 points
17 comments8 min readLW link

Would Your Real Prefer­ences Please Stand Up?

Scott Alexander8 Aug 2009 22:57 UTC
75 points
132 comments4 min readLW link

Ex­po­nen­tial growth is the baseline

jasoncrawford22 Feb 2021 2:08 UTC
27 points
4 comments6 min readLW link
(rootsofprogress.org)

Coron­avirus crash vs history

bfinn14 Jun 2021 10:55 UTC
39 points
3 comments2 min readLW link

[Question] If in­stead of giv­ing out div­i­dends, pub­lic com­pa­nies bought to­tal mar­ket in­dex funds, which com­pa­nies would be the biggest?

Mati_Roy15 Jun 2021 17:07 UTC
9 points
3 comments1 min readLW link

The Point of Trade

Eliezer Yudkowsky22 Jun 2021 17:56 UTC
160 points
78 comments4 min readLW link1 review

Im­prov­ing cap­i­tal gains taxes

paulfchristiano9 Jul 2021 5:20 UTC
58 points
38 comments3 min readLW link
(sideways-view.com)

Some thoughts on David Rood­man’s GWP model and its re­la­tion to AI timelines

Tom Davidson19 Jul 2021 22:59 UTC
30 points
1 comment8 min readLW link

The Death of Be­hav­ioral Economics

habryka22 Aug 2021 22:39 UTC
148 points
24 comments1 min readLW link2 reviews
(www.thebehavioralscientist.com)

The Solow-Swan model of eco­nomic growth

Matthew Barnett29 Aug 2021 18:55 UTC
30 points
6 comments10 min readLW link

Book re­view: Shut Out

PeterMcCluskey3 Sep 2021 19:07 UTC
35 points
8 comments9 min readLW link
(www.bayesianinvestor.com)

The Du­pli­ca­tor: In­stant Clon­ing Would Make the World Econ­omy Explode

HoldenKarnofsky8 Sep 2021 0:06 UTC
59 points
39 comments7 min readLW link

Fram­ing Practicum: Com­par­a­tive Advantage

johnswentworth9 Sep 2021 23:59 UTC
11 points
6 comments4 min readLW link

How fac­to­ries were made safe

jasoncrawford12 Sep 2021 19:58 UTC
156 points
46 comments18 min readLW link1 review
(rootsofprogress.org)

This Can’t Go On

HoldenKarnofsky18 Sep 2021 23:50 UTC
72 points
55 comments7 min readLW link2 reviews

[Question] What are good mod­els of col­lu­sion in AI?

EconomicModel22 Sep 2021 15:16 UTC
7 points
1 comment1 min readLW link

[linkpost] Vi­talik Bu­terin on Nathan Sch­nei­der on the limits of cryp­toe­co­nomics

mike_hawke2 Oct 2021 19:11 UTC
7 points
0 comments1 min readLW link
(vitalik.ca)

Book Re­view: Rise and Fall of the Great Powers

TheRealSlimHippo13 Oct 2021 16:22 UTC
28 points
3 comments17 min readLW link

Ex­plain­ing Cap­i­tal­ism Harder

jefftk17 Oct 2021 2:40 UTC
98 points
12 comments1 min readLW link
(www.jefftk.com)

Hu­mans are the uni­ver­sal eco­nomic bottleneck

Dach18 Oct 2021 8:32 UTC
24 points
15 comments2 min readLW link

Phil Tram­mell on Eco­nomic Growth Un­der Trans­for­ma­tive AI

Michaël Trazzi24 Oct 2021 18:11 UTC
11 points
3 comments54 min readLW link
(youtu.be)

An Un­ex­pected Vic­tory: Con­tainer Stack­ing at the Port of Long Beach

Zvi28 Oct 2021 14:40 UTC
286 points
40 comments9 min readLW link
(thezvi.wordpress.com)

[Question] Can homo-sapi­ens sus­tain an econ­omy par­allel to AI’s?

qbolec2 Nov 2021 7:03 UTC
4 points
2 comments1 min readLW link

[Question] How much of the sup­ply-chain is­sues are due to mon­e­tary policy?

ChristianKl7 Nov 2021 21:21 UTC
11 points
3 comments1 min readLW link

Economist Irene Ng on Mar­ket de­sign, en­trepreneur­ship, and in­no­va­tion.

fowlertm26 Nov 2021 19:00 UTC
7 points
0 comments3 min readLW link

The Debtor’s Revolt

Vaniver26 Dec 2021 19:32 UTC
22 points
5 comments1 min readLW link
(benjaminrosshoffman.com)

[Question] Does Braess’s para­dox show up in mar­kets?

TekhneMakre29 Dec 2021 12:09 UTC
31 points
4 comments2 min readLW link

Trans­porta­tion as a Constraint

johnswentworth6 Apr 2020 4:58 UTC
173 points
27 comments6 min readLW link1 review

Me­mory de­cay in hu­man brains from op­tions pric­ing theory

Jalex Stark14 Feb 2022 7:52 UTC
14 points
0 comments7 min readLW link

[Question] Is there a good dataset for the mo­ments of the in­come dis­tri­bu­tion through­out his­tory?

Ege Erdil12 Mar 2022 13:26 UTC
9 points
0 comments1 min readLW link

Is there a link be­tween Im­mi­gra­tion Policy and In­fla­tion?

hawkebia17 Mar 2022 11:26 UTC
9 points
3 comments2 min readLW link

Toward a gen­eral struc­ture of eco­nomic explanation

physicaleconomics27 Mar 2022 23:33 UTC
9 points
1 comment4 min readLW link

[Question] Elas­tic­ity of Wheat Sup­ply?

johnswentworth6 Apr 2022 20:20 UTC
26 points
3 comments1 min readLW link

Is growth lin­ear, not ex­po­nen­tial?

jasoncrawford20 Apr 2022 18:46 UTC
28 points
9 comments3 min readLW link
(rootsofprogress.org)

[Question] How good is spend­ing?

tryactions30 Apr 2022 7:27 UTC
5 points
11 comments1 min readLW link

Dis­cus­sion on Thomas Philip­pon’s pa­per on TFP growth be­ing linear

Arjun Yadav30 Apr 2022 14:25 UTC
2 points
0 comments1 min readLW link
(forum.effectivealtruism.org)

[Question] The Eco­nomics of a New En­ergy Source

hatta_afiq13 May 2022 14:08 UTC
2 points
13 comments1 min readLW link

For­mula for a Shortage

Zvi19 May 2022 19:30 UTC
54 points
9 comments24 min readLW link
(thezvi.wordpress.com)

Can growth con­tinue?

jasoncrawford27 May 2022 16:19 UTC
28 points
24 comments3 min readLW link
(rootsofprogress.org)

Beyond Blame Minimization

physicaleconomics27 Mar 2022 0:03 UTC
137 points
47 comments4 min readLW link

Ge­or­gism, in theory

Stuart_Armstrong15 Jun 2022 15:20 UTC
38 points
21 comments4 min readLW link

[Question] Is there a worked ex­am­ple of Ge­or­gian taxes?

Dagon16 Jun 2022 14:07 UTC
8 points
12 comments1 min readLW link

How do poor coun­tries get rich: some the­o­ries

NathanBarnard26 Jun 2022 10:41 UTC
8 points
2 comments10 min readLW link

A re­view of Nate Hilger’s The Par­ent Trap

David Hugh-Jones15 Jul 2022 9:30 UTC
15 points
8 comments4 min readLW link
(wyclif.substack.com)

AI art isn’t “about to shake things up”. It’s already here.

Davis_Kingsley22 Aug 2022 11:17 UTC
65 points
19 comments3 min readLW link

Im­pact Shares For Spec­u­la­tive Projects

Elizabeth5 Sep 2022 18:00 UTC
30 points
8 comments7 min readLW link
(acesounderglass.com)

Ar­gu­ment against 20% GDP growth from AI within 10 years [Linkpost]

aogara12 Sep 2022 4:08 UTC
58 points
21 comments5 min readLW link
(twitter.com)

A mar­ket is a neu­ral network

David Hugh-Jones15 Sep 2022 21:53 UTC
6 points
4 comments8 min readLW link

On the cor­re­spon­dence be­tween AI-mis­al­ign­ment and cog­ni­tive dis­so­nance us­ing a be­hav­ioral eco­nomics model

Stijn Bruers1 Nov 2022 17:39 UTC
4 points
0 comments6 min readLW link

Monthly Shorts 11/​22

Celer5 Dec 2022 7:30 UTC
8 points
0 comments3 min readLW link
(keller.substack.com)

The Case for Chip-Backed Dollars

AnthonyRepetto24 Dec 2022 10:28 UTC
0 points
1 comment4 min readLW link

[Question] How can to­tal world in­dex fund growth out­pace money sup­ply growth over the long term?

pando2 Jan 2023 5:33 UTC
4 points
7 comments1 min readLW link

Es­cape Ve­loc­ity from Bul­lshit Jobs

Zvi10 Jan 2023 14:30 UTC
58 points
17 comments5 min readLW link
(thezvi.wordpress.com)

We don’t trade with ants

KatjaGrace10 Jan 2023 23:50 UTC
250 points
106 comments7 min readLW link
(worldspiritsockpuppet.com)

Core Con­cept Con­ver­sa­tion: What is wealth?

Adam Zerner15 Jan 2023 9:07 UTC
13 points
30 comments3 min readLW link

A spec­u­la­tive in­cen­tive de­sign: self-de­ter­mined price com­mit­ments as a way of avert­ing monopoly

mako yass28 Apr 2020 7:44 UTC
5 points
17 comments1 min readLW link

[Question] Billion­aire Economics

Virgil Kurkjian28 Jul 2020 3:01 UTC
21 points
30 comments1 min readLW link

Liv­ing in an Inad­e­quate World

Eliezer Yudkowsky9 Nov 2017 21:23 UTC
86 points
48 comments20 min readLW link

Oops on Com­mod­ity Prices

sarahconstantin10 Jun 2018 15:40 UTC
148 points
8 comments2 min readLW link
(srconstantin.wordpress.com)

Levels of Action

alyssavance14 Apr 2011 0:18 UTC
170 points
47 comments9 min readLW link

Med­i­ta­tions on Momentum

Richard Meadows14 Dec 2018 10:53 UTC
103 points
32 comments10 min readLW link

The Power to Judge Startup Ideas

Liron4 Sep 2019 15:07 UTC
91 points
31 comments8 min readLW link

Com­pet­i­tive Truth-Seeking

SatvikBeri1 Nov 2017 12:06 UTC
61 points
8 comments1 min readLW link

The Power to De­mol­ish Bad Arguments

Liron2 Sep 2019 12:57 UTC
97 points
78 comments11 min readLW link6 reviews

The Mere Cable Chan­nel Ad­di­tion Paradox

Ghatanathoah26 Jul 2012 7:20 UTC
99 points
147 comments12 min readLW link

Less Com­pe­ti­tion, More Mer­i­toc­racy?

Zvi20 Jan 2019 2:00 UTC
84 points
19 comments20 min readLW link3 reviews
(thezvi.wordpress.com)

[Question] Does anti-malaria char­ity de­stroy the lo­cal anti-malaria in­dus­try?

Viliam5 Jan 2019 19:04 UTC
61 points
16 comments1 min readLW link

Con­ver­sa­tional Pre­sen­ta­tion of Why Au­toma­tion is Differ­ent This Time

ryan_b17 Jan 2018 22:11 UTC
33 points
26 comments1 min readLW link

The Robots, AI, and Unem­ploy­ment Anti-FAQ

Eliezer Yudkowsky25 Jul 2013 18:46 UTC
84 points
268 comments22 min readLW link

Coun­ter­in­tu­itive Com­par­a­tive Advantage

Wei_Dai28 Nov 2018 20:33 UTC
81 points
8 comments2 min readLW link

Mazes Se­quence Roundup: Fi­nal Thoughts and Paths Forward

Zvi6 Feb 2020 16:10 UTC
83 points
26 comments14 min readLW link1 review
(thezvi.wordpress.com)

Free-to-Play Games: Three Key Trade-Offs

Zvi10 Sep 2019 12:10 UTC
47 points
4 comments5 min readLW link
(thezvi.wordpress.com)

The new dot com bub­ble is here: it’s called on­line advertising

Gordon Seidoh Worley18 Nov 2019 22:05 UTC
50 points
17 comments2 min readLW link
(thecorrespondent.com)

How to Make Billions of Dol­lars Re­duc­ing Loneliness

John_Maxwell30 Aug 2019 17:30 UTC
59 points
32 comments7 min readLW link

Com­pet­i­tive Mar­kets as Distributed Backprop

johnswentworth10 Nov 2018 16:47 UTC
50 points
10 comments4 min readLW link1 review

[Question] Is the “busi­ness cy­cle” an ac­tual eco­nomic prin­ci­ple?

Liron18 Jun 2019 14:52 UTC
43 points
15 comments1 min readLW link

UBI for President

Jacob Falkovich18 Oct 2018 15:09 UTC
45 points
14 comments10 min readLW link

Value of the Long Tail

johnswentworth26 Feb 2020 17:24 UTC
48 points
8 comments3 min readLW link

Talents

Benquo18 May 2018 20:30 UTC
18 points
15 comments4 min readLW link
(benjaminrosshoffman.com)

The Tallest Pygmy Effect

Elizabeth21 Jan 2018 23:00 UTC
20 points
7 comments1 min readLW link
(acesounderglass.com)

Fre­quently Asked Ques­tions for Cen­tral Banks Un­der­shoot­ing Their In­fla­tion Target

Eliezer Yudkowsky29 Oct 2017 23:36 UTC
50 points
29 comments35 min readLW link

Book Re­view: Narconomics

ketchupduck3 May 2020 1:19 UTC
75 points
11 comments7 min readLW link

Im­perfect Competition

Zvi30 Dec 2019 12:20 UTC
62 points
8 comments10 min readLW link
(thezvi.wordpress.com)

Strip­ping Away the Protections

Zvi8 Jan 2020 13:10 UTC
47 points
6 comments9 min readLW link
(thezvi.wordpress.com)

Why Destruc­tive Value Cap­ture?

Zvi18 Jun 2018 12:20 UTC
29 points
13 comments4 min readLW link
(thezvi.wordpress.com)

The cost of uni­ver­sal cryonics

handoflixue26 May 2011 2:33 UTC
52 points
42 comments5 min readLW link

Bias in cap­i­tal pro­ject de­ci­sion making

jsalvatier26 May 2011 18:06 UTC
56 points
23 comments4 min readLW link

Is the World Get­ting Bet­ter? A brief sum­mary of re­cent debate

ErickBall6 Feb 2019 17:38 UTC
35 points
8 comments2 min readLW link
(capx.co)

The Man­ual Economy

eapache7 Aug 2020 22:29 UTC
13 points
1 comment4 min readLW link

Front Row Center

Zvi11 Jun 2018 13:50 UTC
30 points
12 comments2 min readLW link
(thezvi.wordpress.com)

Ad­di­tional ar­gu­ments for NIMBY

Zvi11 Oct 2018 20:40 UTC
32 points
10 comments13 min readLW link
(thezvi.wordpress.com)

Robin Han­son on Sim­ple, Ev­i­dence Backed Models

Raemon16 Apr 2019 22:22 UTC
36 points
11 comments1 min readLW link
(www.overcomingbias.com)

Awful Austrians

Swimmy12 Apr 2009 6:06 UTC
38 points
95 comments5 min readLW link

Risk-Free Bonds Aren’t

Eliezer Yudkowsky22 Jun 2007 22:30 UTC
22 points
40 comments2 min readLW link

Ban the Bear

Eliezer Yudkowsky19 Sep 2008 18:14 UTC
0 points
39 comments1 min readLW link

Unem­ploy­ment explanations

Stuart_Armstrong7 Nov 2014 17:12 UTC
43 points
113 comments7 min readLW link

Book Re­view: The Cap­tured Economy

Zvi11 Dec 2017 13:10 UTC
14 points
6 comments8 min readLW link
(thezvi.wordpress.com)

Things I Wish They’d Taught Me When I Was Younger: Why Money Is Awesome

ChrisHallquist16 Jan 2014 7:27 UTC
46 points
234 comments6 min readLW link

Tax­ing in­vest­ment in­come is complicated

paulfchristiano22 Sep 2019 1:30 UTC
32 points
20 comments2 min readLW link
(sideways-view.com)

The Be­hav­ioral Eco­nomics of Welfare

Vanessa Kosoy22 Dec 2017 11:35 UTC
9 points
20 comments2 min readLW link

Fi­nance Followups

Jacob Falkovich17 Jan 2019 17:54 UTC
26 points
8 comments4 min readLW link

Q for GiveWell: What is GiveDirectly’s mechanism of ac­tion?

Eliezer Yudkowsky31 Jul 2013 20:02 UTC
33 points
28 comments8 min readLW link

Three Parables of Microeconomics

jimrandomh9 May 2014 18:18 UTC
34 points
40 comments3 min readLW link

The US Already Has A Wealth Tax

jefftk19 Aug 2020 14:50 UTC
44 points
14 comments1 min readLW link
(www.jefftk.com)

The Sim­ple Solow Model of Soft­ware Engineering

johnswentworth8 Apr 2019 23:06 UTC
25 points
15 comments3 min readLW link

What strange and an­cient things might we find be­neath the ice?

Benquo15 Jan 2018 10:10 UTC
16 points
2 comments2 min readLW link
(benjaminrosshoffman.com)

Sys­temic risk: a moral tale of ten in­surance companies

Stuart_Armstrong17 Nov 2014 16:43 UTC
37 points
18 comments2 min readLW link

Valuable eco­nomics knowl­edge available, iron­i­cally, for free

Stuart_Armstrong18 Jul 2013 11:30 UTC
38 points
37 comments6 min readLW link

Effect of Advertising

jefftk26 Nov 2019 14:30 UTC
26 points
24 comments2 min readLW link
(www.jefftk.com)

Su­per­in­tel­li­gence 18: Life in an al­gorith­mic economy

KatjaGrace13 Jan 2015 2:00 UTC
10 points
52 comments6 min readLW link

The fun­da­men­tal com­ple­men­tar­ity of con­scious­ness and work

KatjaGrace28 Mar 2018 1:20 UTC
9 points
5 comments2 min readLW link
(meteuphoric.wordpress.com)

[Question] Why hasn’t there been re­search on the effec­tive­ness of zinc for Covid-19?

Rudi C24 Aug 2020 20:58 UTC
12 points
6 comments1 min readLW link

Hoard­ing and Shortages

jefftk25 Feb 2020 18:40 UTC
20 points
5 comments1 min readLW link
(www.jefftk.com)

[Question] Money isn’t real. When you donate money to a char­ity, how does it ac­tu­ally help?

Dagon2 Feb 2020 17:03 UTC
15 points
28 comments1 min readLW link

[Question] Do bond yield curve in­ver­sions re­ally in­di­cate there is likely to be a re­ces­sion?

bgold10 Jul 2019 1:23 UTC
20 points
8 comments1 min readLW link

Against boots theory

philh14 Sep 2020 13:20 UTC
42 points
15 comments6 min readLW link
(reasonableapproximation.net)

Com­par­a­tive ad­van­tage and when to blow up your island

dynomight12 Sep 2020 6:20 UTC
140 points
40 comments1 min readLW link
(dynomight.net)

I have dis­cov­ered a new kind of un­em­ploy­ment.

Nathan Brooks24 Sep 2020 1:04 UTC
12 points
4 comments2 min readLW link
(seekingalpha.com)

Livestream­ing mon­eti­sa­tion mod­els aka What do cam­girls have in com­mon with Twitch stream­ers?

characteristics19 Sep 2020 18:57 UTC
11 points
0 comments7 min readLW link
(lillianli.substack.com)

So­lar One Year In

jefftk22 Nov 2019 15:20 UTC
19 points
0 comments1 min readLW link
(www.jefftk.com)

An­drewH’s ob­ser­va­tion and op­por­tu­nity costs

Scott Alexander23 Jul 2009 11:36 UTC
29 points
61 comments2 min readLW link

It’s the Same Five Dol­lars!

Z_M_Davis8 Mar 2009 7:23 UTC
26 points
32 comments1 min readLW link

When Money Is Abun­dant, Knowl­edge Is The Real Wealth

johnswentworth3 Nov 2020 17:34 UTC
287 points
61 comments5 min readLW link3 reviews

Per­mit­ted Pos­si­bil­ities, & Locality

Eliezer Yudkowsky3 Dec 2008 21:20 UTC
22 points
22 comments12 min readLW link

Sus­tained Strong Recursion

Eliezer Yudkowsky5 Dec 2008 21:03 UTC
19 points
47 comments9 min readLW link

Real-world ex­am­ples of money-pump­ing?

sixes_and_sevens25 Apr 2013 13:49 UTC
28 points
97 comments1 min readLW link

[Question] How can labour pro­duc­tivity growth be an in­di­ca­tor of au­toma­tion?

Polytopos16 Nov 2020 21:16 UTC
2 points
5 comments1 min readLW link

Macroe­co­nomics, The Lu­cas Cri­tique, Microfoun­da­tions, and Model­ing in General

Matt_Simpson6 Jun 2009 4:35 UTC
0 points
13 comments3 min readLW link

Less wrong eco­nomic policy

Gordon Seidoh Worley9 Jun 2009 20:11 UTC
7 points
32 comments1 min readLW link

The In­stru­men­tal Value of Your Own Time

Mass_Driver14 Jul 2010 7:57 UTC
31 points
45 comments12 min readLW link

Man­dat­ing In­for­ma­tion Dis­clo­sure vs. Ban­ning De­cep­tive Con­tract Terms

David_J_Balan20 Dec 2009 20:55 UTC
30 points
77 comments4 min readLW link

[Question] AI Win­ter Is Com­ing—How to profit from it?

maximkazhenkov5 Dec 2020 20:23 UTC
12 points
7 comments1 min readLW link

How Less­wrong helped me make $25K: A ra­tio­nal pric­ing strategy

kareemabukhadra21 Dec 2020 20:20 UTC
50 points
21 comments3 min readLW link

Leaky Del­e­ga­tion: You are not a Commodity

Darmani25 Jan 2021 2:04 UTC
286 points
34 comments15 min readLW link1 review

Would the Real Econ­omy Please Stand Up

eapache28 Dec 2020 14:05 UTC
22 points
9 comments4 min readLW link

Effi­ciency Wages: A Dou­ble-Edged Sword

Aaron Bergman11 Jan 2021 4:43 UTC
6 points
7 comments5 min readLW link
(aaronbergman.substack.com)

[Question] Is the in­fluence of money per­va­sive, even on LessWrong?

shanen2 Feb 2021 20:22 UTC
−1 points
33 comments1 min readLW link

[Question] How might cryp­tocur­ren­cies af­fect AGI timelines?

Denis Drescher28 Feb 2021 19:16 UTC
13 points
40 comments2 min readLW link

Can an econ­omy keep on grow­ing?

invertedpassion16 Mar 2021 9:55 UTC
1 point
12 comments6 min readLW link

Some things I’ve learned in college

Aaron Bergman25 Mar 2021 21:30 UTC
22 points
1 comment7 min readLW link
(aaronbergman.substack.com)

Buy­ing a house and mak­ing friends in un­ex­pected places

dominicq28 Mar 2021 14:35 UTC
28 points
4 comments1 min readLW link

The Na­tional Dash­board and Hu­man Progress

maxa15 Apr 2021 19:21 UTC
6 points
3 comments7 min readLW link
(max2c.com)

Net­works of Trust vs Markets

Henrik Karlsson31 May 2021 19:59 UTC
102 points
22 comments5 min readLW link

In­tro to Debt Crises

Connor_Flexman28 Jun 2021 23:50 UTC
59 points
5 comments10 min readLW link

Causes of a Debt Cri­sis—Economic

Connor_Flexman1 Jul 2021 22:46 UTC
39 points
11 comments8 min readLW link

The Effi­cient Mar­ket Hy­poth­e­sis in Research

libai8 Jul 2021 17:00 UTC
11 points
9 comments3 min readLW link

The Bul­lwhip Effect

aysajan13 Jul 2021 20:40 UTC
19 points
11 comments4 min readLW link

[Question] Do we have a term for the is­sue with quan­tify­ing policy effect Scott Alexan­der stum­bled on mul­ti­ple times?

yhoiseth29 Jul 2021 8:45 UTC
11 points
6 comments2 min readLW link

Book re­view: Knowl­edge and De­ci­sions by Thomas Sowell

victorsintnicolaas8 Aug 2021 17:05 UTC
23 points
3 comments5 min readLW link

You Need More Money

gilch12 Aug 2020 6:16 UTC
51 points
16 comments7 min readLW link

[Question] Weird mod­els of coun­try de­vel­op­ment?

Connor_Flexman22 Sep 2021 17:39 UTC
7 points
7 comments1 min readLW link

Notes on Frugality

David Gross5 Feb 2021 16:54 UTC
13 points
3 comments12 min readLW link

Book Re­view: Ex­is­ten­tial Risk and Growth

jkim211 Oct 2021 1:07 UTC
9 points
1 comment7 min readLW link

[LINK] “Aca­demic pub­lish­ers make Mur­doch look like a so­cial­ist” says Ge­orge Mon­biot

[deleted]30 Aug 2011 12:27 UTC
28 points
15 comments2 min readLW link

On Wal­mart, And Who Bears Re­spon­si­bil­ity For the Poor

ChrisHallquist27 Nov 2013 5:08 UTC
22 points
512 comments3 min readLW link

A Roadmap to a Post-Scarcity Economy

lorepieri30 Oct 2021 9:04 UTC
3 points
3 comments1 min readLW link

Equity pre­mium puzzles

16 Nov 2021 20:50 UTC
19 points
4 comments12 min readLW link
(www.metaculus.com)

A Brief In­tro­duc­tion to Con­tainer Logistics

Vitor11 Nov 2021 15:58 UTC
245 points
22 comments11 min readLW link1 review

[Question] Where in the world will a UBI de­velop first?

Asgård3 Dec 2021 15:54 UTC
4 points
10 comments1 min readLW link

Hous­ing Mar­kets, Satis­ficers, and One-Track Goodhart

Jemist16 Dec 2021 21:38 UTC
1 point
2 comments2 min readLW link

Per­pet­ual Dick­en­sian Poverty?

jefftk21 Dec 2021 13:30 UTC
116 points
18 comments1 min readLW link
(www.jefftk.com)

Do­ing “good”

pchvykov13 Jan 2022 19:52 UTC
9 points
7 comments2 min readLW link

NFTs, Coin Col­lect­ing, and Ex­pen­sive Paintings

leogao24 Jan 2022 1:01 UTC
29 points
35 comments5 min readLW link

[Question] Why would GDP X GDP Per Cap­ita be used as a mea­sure­ment of power? What’s the pur­pose of squar­ing GDP?

dqups125 Feb 2022 2:56 UTC
1 point
5 comments1 min readLW link

Is There a Valley of Bad Civ­i­liza­tional Ad­e­quacy?

lbThingrb11 Mar 2022 19:49 UTC
13 points
1 comment2 min readLW link

How Does The Fi­nance In­dus­try Gen­er­ate Real Eco­nomic Value?

johnswentworth1 Apr 2022 15:21 UTC
52 points
13 comments6 min readLW link

The Debtors’ Revolt

Benquo6 Apr 2022 19:40 UTC
34 points
4 comments41 min readLW link
(benjaminrosshoffman.com)

Long Re­view: Eco­nomic Hierarchies

JohnBuridan23 Apr 2022 12:43 UTC
13 points
4 comments31 min readLW link

Re­port like­li­hood ratios

Ege Erdil23 Apr 2022 17:10 UTC
80 points
9 comments7 min readLW link

Re­peal the For­eign Dredge Act of 1906

Zvi5 May 2022 15:20 UTC
158 points
16 comments19 min readLW link
(thezvi.wordpress.com)

Inequal­ity is in­sep­a­rable from mar­kets

NathanBarnard14 May 2022 13:39 UTC
22 points
7 comments3 min readLW link

[Question] Steel­man­ning Marx­ism/​Communism

Suh_Prance_Alot8 Jun 2022 10:05 UTC
6 points
8 comments1 min readLW link

Book Re­view: How the World Be­came Rich

Davis Kedrosky9 Jun 2022 16:55 UTC
14 points
0 comments10 min readLW link
(daviskedrosky.substack.com)

Was the In­dus­trial Revolu­tion The In­dus­trial Revolu­tion?

Davis Kedrosky14 Jun 2022 14:48 UTC
29 points
0 comments12 min readLW link
(daviskedrosky.substack.com)

1689: Un­cov­er­ing the World New In­sti­tu­tion­al­ism Created

Davis Kedrosky17 Jun 2022 19:32 UTC
7 points
0 comments9 min readLW link
(daviskedrosky.substack.com)

The Malthu­sian Trap: An Ex­tremely Short Introduction

Davis Kedrosky19 Jun 2022 15:25 UTC
5 points
0 comments6 min readLW link
(daviskedrosky.substack.com)

Worked Ex­am­ples of Shap­ley Values

lalaithion24 Jun 2022 17:13 UTC
68 points
9 comments8 min readLW link

Disarm­ing status

sano1 Jul 2022 20:00 UTC
−4 points
1 comment6 min readLW link

Im­pe­rial Rus­sia was do­ing fine with­out the Soviets

Davis Kedrosky5 Jul 2022 22:24 UTC
6 points
3 comments14 min readLW link
(daviskedrosky.substack.com)

Pro­tec­tion­ism in One Coun­try: How In­dus­trial Policy Worked in Canada

Davis Kedrosky25 Jul 2022 22:08 UTC
5 points
0 comments16 min readLW link
(daviskedrosky.substack.com)

A gen­tle primer on car­ing, in­clud­ing in strange senses, with applications

Kaarel30 Aug 2022 8:05 UTC
4 points
4 comments18 min readLW link

And the Rev­enues Are So Small

Zvi15 Aug 2022 13:00 UTC
19 points
4 comments11 min readLW link
(thezvi.wordpress.com)

Cap­i­tal and in­equal­ity

NathanBarnard15 Aug 2022 17:23 UTC
7 points
2 comments5 min readLW link

Risk aver­sion and GPT-3

hatta_afiq13 Sep 2022 20:50 UTC
1 point
0 comments1 min readLW link

Cli­mate-con­tin­gent Fi­nance, and A Gen­er­al­ized Mechanism for X-Risk Re­duc­tion Financing

John Nay26 Sep 2022 13:23 UTC
0 points
2 comments1 min readLW link

Ge­or­gism in Space

harsimony28 Sep 2022 16:05 UTC
40 points
13 comments4 min readLW link
(harsimony.wordpress.com)

Pop­u­lar Per­sonal Fi­nan­cial Ad­vice ver­sus the Pro­fes­sors (James Choi, NBER)

BrownHairedEevee16 Oct 2022 22:21 UTC
16 points
5 comments2 min readLW link
(spinup-000d1a-wp-offload-media.s3.amazonaws.com)

Pre­dic­tion mar­ket se­quence requested

[deleted]26 Oct 2012 10:59 UTC
39 points
45 comments2 min readLW link

Un­pri­ca­ble In­for­ma­tion and Cer­tifi­cate Hell

eva_5 Nov 2022 22:56 UTC
13 points
2 comments6 min readLW link

HELP: How do min­i­mum wage laws harm peo­ple?

Kingreaper26 Oct 2010 11:09 UTC
3 points
22 comments1 min readLW link

Value Created vs. Value Extracted

Sable18 Nov 2022 21:34 UTC
8 points
6 comments6 min readLW link
(affablyevil.substack.com)

So­cial­ist firms as a cause area

B Jacobs27 Nov 2022 9:46 UTC
30 points
74 comments8 min readLW link

Cur­rent Trends in Eco­nomics and their Shortcoming

joshlevent28 Nov 2022 19:36 UTC
5 points
0 comments2 min readLW link

Prop­er­ties of cur­rent AIs and some pre­dic­tions of the evolu­tion of AI from the per­spec­tive of scale-free the­o­ries of agency and reg­u­la­tive development

Roman Leventov20 Dec 2022 17:13 UTC
26 points
2 comments36 min readLW link

AGI and the EMH: mar­kets are not ex­pect­ing al­igned or un­al­igned AI in the next 30 years

10 Jan 2023 16:06 UTC
120 points
40 comments26 min readLW link

Against us­ing stock prices to fore­cast AI timelines

10 Jan 2023 16:03 UTC
23 points
2 comments2 min readLW link

[Question] Who are the peo­ple who are cur­rently prof­it­ing from in­fla­tion?

skogsnisse10 Jan 2023 21:39 UTC
1 point
2 comments1 min readLW link

A sim­ple thought ex­per­i­ment show­ing why re­ces­sions are an un­nec­es­sary bug in our eco­nomic system

skogsnisse11 Jan 2023 0:43 UTC
1 point
1 comment1 min readLW link

Could AI Progress Crip­ple GDP?

NickyP22 Jan 2023 18:47 UTC
17 points
11 comments5 min readLW link
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