Marginal Revolution https://marginalrevolution.com/ Small Steps Toward A Much Better World Thu, 02 Jul 2026 11:20:02 +0000 en-US hourly 1 https://marginalrevolution.com/wp-content/uploads/2015/10/cropped-MR-logo-thumbnail-32x32.png Marginal REVOLUTION https://marginalrevolution.com/ 32 32 42693868 https://marginalrevolution.com/marginalrevolution/2026/07/thursday-assorted-links-559.html?utm_source=rss&utm_medium=rss&utm_campaign=thursday-assorted-links-559 Thursday assorted links https://feeds.feedblitz.com/~/958882448/0/marginalrevolution~Thursday-assorted-links.html https://marginalrevolution.com/marginalrevolution/2026/07/thursday-assorted-links-559.html#comments Thu, 02 Jul 2026 16:02:28 +0000 https://marginalrevolution.com/?p=93310 1. There is massive synaptic pruning between birth and adulthood. 2. Some major city populations from 1854. 3. From Samuel Hammond: “The AI boom is doubly upsetting to progressive economic commentators because it a) shows “financialization” was largely a macro story that eventually solved itself, and b) the boom is being driven by AI rather […]

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]]> 1. There is massive synaptic pruning between birth and adulthood.

2. Some major city populations from 1854.

3. From Samuel Hammond: “The AI boom is doubly upsetting to progressive economic commentators because it a) shows “financialization” was largely a macro story that eventually solved itself, and b) the boom is being driven by AI rather than their hoped-for “green transition”.”  Plus it shows the internet and social media really were worth it, and that many tech companies are run by geniuses not superficial idiots.

4. The safety of mRNA vaccines.

5. Do the optimistic live longer?

6. How many people have ever lived in the United States?  And what percentage of them are living here now?

7. What is going on with SpudCell? (NYT).

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]]> https://marginalrevolution.com/marginalrevolution/2026/07/thursday-assorted-links-559.html/feed 3 93310 https://marginalrevolution.com/marginalrevolution/2026/07/rent-control-the-ceiling-trap.html?utm_source=rss&utm_medium=rss&utm_campaign=rent-control-the-ceiling-trap Rent Control: The Ceiling Trap https://feeds.feedblitz.com/~/958871999/0/marginalrevolution~Rent-Control-The-Ceiling-Trap.html https://marginalrevolution.com/marginalrevolution/2026/07/rent-control-the-ceiling-trap.html#comments Thu, 02 Jul 2026 11:16:43 +0000 https://marginalrevolution.com/?p=93319 Rent control is in the news again. Check out my new website, Rent Control: The Ceiling Trap. Here is just one bit: Norway abolished its rent control in 1982, and the economist Are Oust realized the newspapers had been quietly recording the whole experiment. He collected housing classifieds from Oslo’s Aftenposten from 1970 to 2008 and watched […]

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]]> Rent control is in the news again. Check out my new website, Rent Control: The Ceiling Trap. Here is just one bit:

Norway abolished its rent control in 1982, and the economist Are Oust realized the newspapers had been quietly recording the whole experiment. He collected housing classifieds from Oslo’s Aftenposten from 1970 to 2008 and watched the market turn inside out.

Under rent control, Oslo’s listings pages looked nothing like a housing market. It was tenants who advertised, pleading their qualities to landlords — “housing wanted” ads outnumbered “housing for rent.” Ten to fifteen percent of those ads were placed by the tenant’s employer, vouching for them the way a bank vouches for a borrower. Tenants offered babysitting, gardening, snow-shoveling, and janitorial work on the side to sweeten the deal. Landlords, for their part, could demand a tenant of a particular gender, age, occupation, region of origin — some ads specified “strong Christian beliefs.” Deposits commonly ran to 50 or 60 months’ rent, occasionally 100 or more: tenants effectively lent the landlord the equity of the flat, interest free. And only about 20 percent of “for rent” ads dared print the rent, much of which would have been illegal.

Then the ceiling lifted. Within a few years the page flipped: landlords advertised to tenants, roughly 80 percent of listings printed an asking rent, the mega-deposits vanished, and the demands for snow-shoveling Christians of specified gender dwindled to nothing. The price went back to doing the rationing — so nothing else had to.

Check out the whole thing–it’s fabulous.

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]]> https://marginalrevolution.com/marginalrevolution/2026/07/rent-control-the-ceiling-trap.html/feed 57 93319 https://marginalrevolution.com/marginalrevolution/2026/07/is-alexander-calder-the-great-american-artist.html?utm_source=rss&utm_medium=rss&utm_campaign=is-alexander-calder-the-great-american-artist Is Alexander Calder the great American artist? https://feeds.feedblitz.com/~/958864265/0/marginalrevolution~Is-Alexander-Calder-the-great-American-artist.html https://marginalrevolution.com/marginalrevolution/2026/07/is-alexander-calder-the-great-american-artist.html#comments Thu, 02 Jul 2026 07:18:45 +0000 https://marginalrevolution.com/?p=93300 I am not ready to make this claim, but I wondered this after seeing the marvelous exhibit at Fondation Vuitton.  To Calder’s credit: 1. His work is both beautiful and deep.  It also can be fun.  Unlike many other high-status artists, most Americans like or could like his work. 2. It is immediately recognizable and […]

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]]> I am not ready to make this claim, but I wondered this after seeing the marvelous exhibit at Fondation Vuitton.  To Calder’s credit:

1. His work is both beautiful and deep.  It also can be fun.  Unlike many other high-status artists, most Americans like or could like his work.

2. It is immediately recognizable and the body of work has a coherence as a whole.

3. He invented a new form — the mobile — and showed it could be art.

4. His works have iconic placement in many major American cities, namely Chicago, Grand Rapids, New York, Los Angeles, Cambridge, Philadelphia, Houston, Minneapolis, Seattle, and a bunch more.  Who else can match that list?

5. He worked in multiple genres with great success, including not just sculpture (of various kinds, including wire sculpture and bronze sculpture) but also painting, works on paper, and jewelry (!).  He worked with metal and wood and wire and string in his sculptures.  The exhibit is wonderful in showing all this.

6. He built things, a very American endeavor, and he trained as a mechanical engineer.  Mobility is also a very American idea.

7. He lived during the major period of American growth and hegemony, namely 1898-1976, very American years to have been on the scene.

I would note that most people think first of his large installations, which to me are his least interesting works.  The small sculptures I admire the most?  In this regard he remains underrated.

Who else are possible candidates for this designation?  A while back Jasper Johns might have been an obvious leader for the title, and he remains in contention.  But perhaps it is all a tad too formal and serious?

Rothko and Pollock are too one-dimensional, no matter how much you may admire the dimension.  The Hudson River School does not boil down easily enough to a single artist, plus it is mainly just painting.  Winslow Homer is a possibility.  Warhol is another candidate, as his work is both seminal and “very American,” but currently it feels overexposed?  (I am not anti-Warhol but perhaps his influence peaked some while ago.)  Roy Lichtenstein did very well in sculpture as well as painting and prints, and he is in the running as well.

But I no longer think Calder is such a crazy choice for this designation.  Do go see the show!  The people we saw the show with were amazed at how much they had underrated his depth, breadth, and quality.

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]]> https://marginalrevolution.com/marginalrevolution/2026/07/is-alexander-calder-the-great-american-artist.html/feed 79 93300 https://marginalrevolution.com/marginalrevolution/2026/07/emergent-ventures-india-17th-cohort.html?utm_source=rss&utm_medium=rss&utm_campaign=emergent-ventures-india-17th-cohort Emergent Ventures India, 17th cohort https://feeds.feedblitz.com/~/958859828/0/marginalrevolution~Emergent-Ventures-India-th-cohort.html https://marginalrevolution.com/marginalrevolution/2026/07/emergent-ventures-india-17th-cohort.html#comments Thu, 02 Jul 2026 04:22:49 +0000 https://marginalrevolution.com/?p=93294 This is all from Shruti: Aryamman Bhatia is part of the team building HackerFab IITB, an open-source student-built chip microfabrication lab. He received his grant to build what he hopes will become the world’s cheapest fabrication tools and to inspire bottom-up contributions to India’s Semiconductor Mission. Yashi Garg, 17, received her grant for Neurosole, a […]

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]]> This is all from Shruti:

Aryamman Bhatia is part of the team building HackerFab IITB, an open-source student-built chip microfabrication lab. He received his grant to build what he hopes will become the world’s cheapest fabrication tools and to inspire bottom-up contributions to India’s Semiconductor Mission.

Yashi Garg, 17, received her grant for Neurosole, a smart shoe designed to detect and prevent diabetic neuropathy. She is also a poet and emerging entrepreneur focused on purposeful innovation.

Fahad Hasin received his grant for the Kerala Growth Series, articles and policy memos to improve economic growth in the state. He thinks of the project as publicly building “the M document” of today.

Shafquat Aman, founder of NexuSelf, received his grant to build an AI wellness platform syncing women’s nutrition, workouts, hydration, and menstrual cycles to drive 2x adherence and lasting health outcomes. The company is a Delaware C-Corp in beta with users across the United States and India.

Kevin Wilson, founder and director of Tala Education, received his grant to scale play-based music pedagogy programs that train teachers and turn early childhood classrooms across India into spaces of creativity, inquiry, and joyful learning.

Yogesh Ostwal and Ayush Ranawade received their grant to build a generative AI model for discovering novel oncolytic viruses.

Priyansh Kumar, from Delhi, received his grant to work on an autonomous aerial defense system.

Gowtham Y is an instrumentation, electronics, and chemical engineer. He received his grant to work on synthetic fuel production, starting with cooking gas, at large scale using solar power.

Yash Mandlik, 18, received his grant to create a decentralized hostel network for solo and budget travelers, empowering every house to host the world.

Khush Mahajan, 22, received his grant to build a hyper-personalized AI storytelling app that helps kids grow curious. He is focused on learning by building consumer AI products and turning those lessons into useful tools.

Suraj Tripathi, 17, received his grant for Xorbital, a space-based solar power system that collects sunlight in orbit and wirelessly transmits clean energy to Earth, aiming to provide 24/7 power for defense, disaster response, and remote regions.

Jenil Gandhi, 22, founder of Avinya Vegan Leather, received his grant to develop 100 percent compostable, plant-based vegan leather made from agricultural waste, reducing crop burning and animal cruelty.

Tanay Lohia received his grant for Mandrake Bioworks, which is building what he hopes will be the world’s smallest and most efficient gene editors for breakthrough cures, crops, and more.

Krishna Kant, 20, received his grant to develop a novel type of quantum dots for applications in science and technology.

Vaibhav Dabas, 20, received his grant to develop a smart ramp for train boarding.

Anindyadeep Sannigrahi, founder of LiteFold, received his grant to build infrastructure for drug discovery. The platform helps researchers iterate on experiments faster and move findings to the wet lab with greater confidence.

Chitra Singh, a visual computing graduate from MPI Germany, received her grant to build an AI copilot that streamlines radiology imaging workflows. She has spent a decade building and scaling imaging AI at deep-tech startups and GE Healthcare.

Shreyansh Diwakar, 18, from Jhansi, received his grant for the 1825 Fund, a micro-grant initiative offering equity-free capital to ambitious young builders and hackers across India.

Aditya Jha, 16, founder of Workithm, received his grant to build an AI-powered system designed to protect attention rather than merely manage tasks. He is focused on the future of human-AI collaboration, especially deep work and cognition.

Jeya Kalis, 18, from Madurai, Tamil Nadu, received his grant to develop AI for scientific discovery by exploring combinatorial possibility space.

Chetan Bhattacharji, a journalist and climate communications consultant, received his grant for Earth Chakra, where he writes and produces videos and a podcast that place science, solutions, and experts on air pollution, climate change, and sustainability center stage.

Nithish Kumar, 26, received his grant to build the computational layer for portable nuclear fission reactors to power the next frontiers of humankind.

Sparsh Agarwal, a tea planter based in Darjeeling, received his grant for Alter Magazine, a Works in Progress-style monthly publication featuring new writing on science, technology, and progress from South Asia.

Those unfamiliar with Emergent Ventures can learn more here and here. The EV India announcement is here. More about the winners of EV India second, third, fourth, fifth, sixth, seventh, eighth, ninth, tenth, eleventh, twelfth, thirteenth, fourteenth, fifteenth and sixteenth cohorts. To apply for EV India, use the EV application, click the “Apply Now” button and select India from the “My Project Will Affect” drop-down menu.

And here is Nabeel’s AI engine for other EV winners. Here are the other EV cohorts.

If you are interested in supporting the India tranche of Emergent Ventures, please write to me or to Shruti at srajagopalan@mercatus.gmu.edu.

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]]> https://marginalrevolution.com/marginalrevolution/2026/07/emergent-ventures-india-17th-cohort.html/feed 3 93294 https://marginalrevolution.com/marginalrevolution/2026/07/how-to-ask-for-help-from-a-stranger.html?utm_source=rss&utm_medium=rss&utm_campaign=how-to-ask-for-help-from-a-stranger How to ask for help from a stranger https://feeds.feedblitz.com/~/958842797/0/marginalrevolution~How-to-ask-for-help-from-a-stranger.html https://marginalrevolution.com/marginalrevolution/2026/07/how-to-ask-for-help-from-a-stranger.html#comments Wed, 01 Jul 2026 17:53:09 +0000 https://marginalrevolution.com/?p=93311 The next heuristic is to make your request easy to accept. Making something easy to accept largely is about reducing the cost of acceptance. One clear kind of cost is the magnitude. Do ask someone for twenty minutes of their time, but don’t ask them to read your five-hundred-page manuscript in a week. Another is to make […]

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The next heuristic is to make your request easy to accept. Making something easy to accept largely is about reducing the cost of acceptance. One clear kind of cost is the magnitude. Do ask someone for twenty minutes of their time, but don’t ask them to read your five-hundred-page manuscript in a week. Another is to make it specific: asking for a resource to start with is better than “can I pick your brain?”. When you’ve made your request, make it low friction for them. If you’re asking for an introduction, write a blurb about yourself which they can forward. If you have a question, ask it in writing rather than over a call. And last on cost, make your ask bounded. Don’t ask for recurring obligations like being your mentor for your whole life, but do keep it limited to asking them to read a blog post. If that instance goes well, they’ll gladly read more.

My last heuristic is stranger: make it easy to say no. You might think that the worst outcome is a no, but the worst outcome is a pressured, begrudging yes. Your coercion will have poisoned your relationship with this person while you feel the false glow of a hard-won victory. A person who helps you with gritted teeth is one who will never help you again. And even then, the help will be a half-hearted effort to get rid of the obligation you manufactured. By contrast, help freely given is effortless, the way you’d hold the door open for someone. Help willingly given keeps your conscience clear, free from the burden of having pressured someone. And help, when given from the heart, is the foundation of a relationship where both of you contribute to what you’re building.

Here is more from Pradyumna Prasad.

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]]> https://marginalrevolution.com/marginalrevolution/2026/07/how-to-ask-for-help-from-a-stranger.html/feed 19 93311 https://marginalrevolution.com/marginalrevolution/2026/07/wednesday-assorted-links-560.html?utm_source=rss&utm_medium=rss&utm_campaign=wednesday-assorted-links-560 Wednesday assorted links https://feeds.feedblitz.com/~/958837931/0/marginalrevolution~Wednesday-assorted-links.html https://marginalrevolution.com/marginalrevolution/2026/07/wednesday-assorted-links-560.html#comments Wed, 01 Jul 2026 15:35:28 +0000 https://marginalrevolution.com/?p=93307 1. Florida drivers speed up after a close NFL home team loss.  No such comparable effect for the NBA. 2. “We’re rebuilding MRU’s learner and teacher platforms, and we build with AI agents from the ground up — coding, testing, content, and operations. We’re looking for someone early in their career to build alongside our […]

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]]> 1. Florida drivers speed up after a close NFL home team loss.  No such comparable effect for the NBA.

2. “We’re rebuilding MRU’s learner and teacher platforms, and we build with AI agents from the ground up — coding, testing, content, and operations. We’re looking for someone early in their career to build alongside our team and own real work, using AI as their primary tool.”

3. Ezra Klein and Chris Rufo (NYT).

4. Generating human eggs from stem cells?

5. AI to predict human chess moves?

6. Are philosophers absurd?

7. Anthropic on the reconstruction of Fable 5.  And Alex Stamos comments.

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]]> https://marginalrevolution.com/marginalrevolution/2026/07/wednesday-assorted-links-560.html/feed 67 93307 https://marginalrevolution.com/marginalrevolution/2026/07/civilian-supersonic-flights-are-being-legalized-in-the-u-s.html?utm_source=rss&utm_medium=rss&utm_campaign=civilian-supersonic-flights-are-being-legalized-in-the-u-s Civilian supersonic flights are being legalized in the U.S. https://feeds.feedblitz.com/~/958830608/0/marginalrevolution~Civilian-supersonic-flights-are-being-legalized-in-the-US.html https://marginalrevolution.com/marginalrevolution/2026/07/civilian-supersonic-flights-are-being-legalized-in-the-u-s.html#comments Wed, 01 Jul 2026 12:38:13 +0000 https://marginalrevolution.com/?p=93312 For too long, outdated rules based on old technology held back American aerospace innovation. Now, we are updating those rules for the first time since the 1970s. Today @USDOT announced a new proposal to enable civil supersonic flight by replacing speed limits with noise limits, ushering in a new era of safer, quieter, and faster air travel […]

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For too long, outdated rules based on old technology held back American aerospace innovation. Now, we are updating those rules for the first time since the 1970s. Today @USDOT announced a new proposal to enable civil supersonic flight by replacing speed limits with noise limits, ushering in a new era of safer, quieter, and faster air travel for all Americans.

That is from Michael Kratsios.  Here is how the 1973 ban first came about.  More details will be forthcoming, here is one concern from Eli.

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]]> https://marginalrevolution.com/marginalrevolution/2026/07/civilian-supersonic-flights-are-being-legalized-in-the-u-s.html/feed 47 93312 https://marginalrevolution.com/marginalrevolution/2026/07/reconstruction-of-the-fables.html?utm_source=rss&utm_medium=rss&utm_campaign=reconstruction-of-the-fables Fables of the Reconstruction/Reconstruction of the Fables https://feeds.feedblitz.com/~/958816739/0/marginalrevolution~Fables-of-the-ReconstructionReconstruction-of-the-Fables.html https://marginalrevolution.com/marginalrevolution/2026/07/reconstruction-of-the-fables.html#comments Wed, 01 Jul 2026 05:02:24 +0000 https://marginalrevolution.com/?p=93309 The post Fables of the Reconstruction/Reconstruction of the Fables appeared first on Marginal REVOLUTION.

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]]> https://marginalrevolution.com/marginalrevolution/2026/07/reconstruction-of-the-fables.html/feed 18 93309 https://marginalrevolution.com/marginalrevolution/2026/07/what-ive-been-reading-291.html?utm_source=rss&utm_medium=rss&utm_campaign=what-ive-been-reading-291 What I’ve been reading https://feeds.feedblitz.com/~/958816742/0/marginalrevolution~What-Ive-been-reading.html https://marginalrevolution.com/marginalrevolution/2026/07/what-ive-been-reading-291.html#comments Wed, 01 Jul 2026 05:01:57 +0000 https://marginalrevolution.com/?p=93252 1. Elizabeth Buchanan, So You Want to Own Greenland?  A useful and dispassionate overview of the relevant history and issues.  The author is from Australia.  I had not known that Norway unilaterally claimed parts of eastern Greenland in the early 1930s, though gave it back to Denmark following a Hague adjudication and ruling. 2. Andrea […]

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]]> 1. Elizabeth Buchanan, So You Want to Own Greenland?  A useful and dispassionate overview of the relevant history and issues.  The author is from Australia.  I had not known that Norway unilaterally claimed parts of eastern Greenland in the early 1930s, though gave it back to Denmark following a Hague adjudication and ruling.

2. Andrea Wulf, The Traveler: One Man’s Epic Quest for Discover Our Shared Humanity.  This book meets her usual high standards.  In this case the traveler is George Foster, who sailed with Cook to the South Seas and had relatively sympathetic attitudes toward the indigenous peoples there.

3. James Hawes, The Shortest History of Ireland.  From a useful series, even if some of the claims are wrong and the judgments intemperate.  Such books force you to think through your own views and interpretations, they serve as refreshers for the basic history, and they do give you conceptual frameworks of a sort.  You are more likely to remember the core histories when you read books like this, but caution typically is in order as well.

4. Simon Warrack, Monumental: Great Buildings of the World Through the Hands and Eyes of a Stonemason.  An engaging book about the beauties of stonemasonry, with case studies of Venice, Angkor Wat, Lalibela, Zimbabwe and other locales.

5. Roger Zelazny, Lord of Light.  Yup.  “Earth is long since dead.  On a colony planet, a band of men has gained control of technology, made themselves immortal, and now rule their world as gods of the Hindu pantheon.”  First published in 1967.

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]]> https://marginalrevolution.com/marginalrevolution/2026/07/what-ive-been-reading-291.html/feed 33 93252 https://marginalrevolution.com/marginalrevolution/2026/06/differentiation-drives-the-erosion-of-positivity-on-social-media.html?utm_source=rss&utm_medium=rss&utm_campaign=differentiation-drives-the-erosion-of-positivity-on-social-media Differentiation drives the erosion of positivity on social media https://feeds.feedblitz.com/~/958805666/0/marginalrevolution~Differentiation-drives-the-erosion-of-positivity-on-social-media.html https://marginalrevolution.com/marginalrevolution/2026/06/differentiation-drives-the-erosion-of-positivity-on-social-media.html#comments Tue, 30 Jun 2026 21:29:50 +0000 https://marginalrevolution.com/?p=93308 We live in a digital age, where billions of people engage in dialogue within topic-bound communities and threads. In an archival analysis of over 2 billion Reddit comments and an experiment, we show that this dialogue becomes more negative over time. Further analyses suggest that negativity rises over time because social media users seek to […]

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We live in a digital age, where billions of people engage in dialogue within topic-bound communities and threads. In an archival analysis of over 2 billion Reddit comments and an experiment, we show that this dialogue becomes more negative over time. Further analyses suggest that negativity rises over time because social media users seek to make unique comments on the same topic, and it is easier to differentiate oneself through negative comments than through positive comments. As threads and communities evolve, and it becomes more difficult to make unique observations, users turn to negativity. Our studies show how basic human motives interact with the structure of social media platforms, posing an acute challenge for sustaining healthy online dialogue.

Here is the article by Hongkai Mao, et.al. Via the excellent Kevin Lewis.  For some of you commenters, how does it feel to be a puppet in the unfolding of this game?

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]]> https://marginalrevolution.com/marginalrevolution/2026/06/differentiation-drives-the-erosion-of-positivity-on-social-media.html/feed 47 93308 https://marginalrevolution.com/marginalrevolution/2026/06/tuesday-assorted-links-575.html?utm_source=rss&utm_medium=rss&utm_campaign=tuesday-assorted-links-575 Tuesday assorted links https://feeds.feedblitz.com/~/958795937/0/marginalrevolution~Tuesday-assorted-links.html https://marginalrevolution.com/marginalrevolution/2026/06/tuesday-assorted-links-575.html#comments Tue, 30 Jun 2026 16:14:14 +0000 https://marginalrevolution.com/?p=93301 1. Korinek, Autor, and Gimbel on AI and jobs (WSJ). 2. New economics job at OpenAI. 3. State capacity as an organizational problem. 4. Alex Ross is stepping down as music critic for The New Yorker. 5. More on the depolarizing effects of current AI. 6. The end of landlines in Finland is pending.

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]]> 1. Korinek, Autor, and Gimbel on AI and jobs (WSJ).

2. New economics job at OpenAI.

3. State capacity as an organizational problem.

4. Alex Ross is stepping down as music critic for The New Yorker.

5. More on the depolarizing effects of current AI.

6. The end of landlines in Finland is pending.

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]]> https://marginalrevolution.com/marginalrevolution/2026/06/tuesday-assorted-links-575.html/feed 53 93301 https://marginalrevolution.com/marginalrevolution/2026/06/what-should-i-ask-daron-acemoglu-2.html?utm_source=rss&utm_medium=rss&utm_campaign=what-should-i-ask-daron-acemoglu-2 What should I ask Daron Acemoglu? https://feeds.feedblitz.com/~/958775510/0/marginalrevolution~What-should-I-ask-Daron-Acemoglu.html https://marginalrevolution.com/marginalrevolution/2026/06/what-should-i-ask-daron-acemoglu-2.html#comments Tue, 30 Jun 2026 08:32:01 +0000 https://marginalrevolution.com/?p=93305 Yes, I will be doing a Conversation with him.  Obviously Acemoglu has published plenty, but likely this chat will focus on his recent writings and pronouncements on AI, and most of all his forthcoming book What Happened to Liberal Democracy? Remaking a Politics of Shared Prosperity.  So what should I ask him?

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]]> Yes, I will be doing a Conversation with him.  Obviously Acemoglu has published plenty, but likely this chat will focus on his recent writings and pronouncements on AI, and most of all his forthcoming book What Happened to Liberal Democracy? Remaking a Politics of Shared Prosperity.  So what should I ask him?

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]]> https://marginalrevolution.com/marginalrevolution/2026/06/what-should-i-ask-daron-acemoglu-2.html/feed 56 93305 https://marginalrevolution.com/marginalrevolution/2026/06/prediction-markets-paragraphs-to-ponder.html?utm_source=rss&utm_medium=rss&utm_campaign=prediction-markets-paragraphs-to-ponder Prediction markets paragraphs to ponder https://feeds.feedblitz.com/~/958772402/0/marginalrevolution~Prediction-markets-paragraphs-to-ponder.html https://marginalrevolution.com/marginalrevolution/2026/06/prediction-markets-paragraphs-to-ponder.html#comments Tue, 30 Jun 2026 07:17:01 +0000 https://marginalrevolution.com/?p=93299 The oracle is an elaborate Web 3.0 contraption that combines cryptocurrency, voting and game theory in its goal to produce fair judgments. It’s billed by its creators, a company based in Manhattan called Risk Labs, as a “decentralized truth machine.” But for all its brainiac complexity, the oracle has proved exploitable. Dozens of livid bettors […]

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The oracle is an elaborate Web 3.0 contraption that combines cryptocurrency, voting and game theory in its goal to produce fair judgments. It’s billed by its creators, a company based in Manhattan called Risk Labs, as a “decentralized truth machine.”

But for all its brainiac complexity, the oracle has proved exploitable. Dozens of livid bettors claim the system has been gamed, the handiwork of a budding tech entrepreneur named Lancelot Chardonnet (his name at birth, he says). A look at the Donk debate, which unfolded over nine rancorous days, illustrates how he did it, and the messy, fractious challenge of divining something as nuanced as truth.

When the Bucharest video was first broadcast on April 11, nobody heard “Donk,” and this bet seemed destined to be won by those who bet “no.” Then someone noticed that the caster, who through sheer phonetic coincidence is known as Dinko, had botched “don’t.”

Dinko might have known about the Donk bet, so it’s at least possible that he said the fateful syllable on purpose. It’s even possible he placed money on the outcome. He might have made what linguistics fans would call a voiceless velar stop slip.

Here is more from the NYT.

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]]> https://marginalrevolution.com/marginalrevolution/2026/06/prediction-markets-paragraphs-to-ponder.html/feed 20 93299 https://marginalrevolution.com/marginalrevolution/2026/06/jackson-dahl-podcasts-with-me-and-nabeel-on-aesthetics.html?utm_source=rss&utm_medium=rss&utm_campaign=jackson-dahl-podcasts-with-me-and-nabeel-on-aesthetics Jackson Dahl podcasts with me and Nabeel on aesthetics https://feeds.feedblitz.com/~/958767515/0/marginalrevolution~Jackson-Dahl-podcasts-with-me-and-Nabeel-on-aesthetics.html https://marginalrevolution.com/marginalrevolution/2026/06/jackson-dahl-podcasts-with-me-and-nabeel-on-aesthetics.html#comments Tue, 30 Jun 2026 05:18:44 +0000 https://marginalrevolution.com/?p=93302 Filmed at home, this ran about two hours, and yes that is Nabeel Qureshi, with a cameo from Spinoza toward the very end.  From Jackson: Links Transcript/links Twitter Spotify Apple YouTube LinkedIn From the episode summary: Tyler and Nabeel are good friends, and given how prolific Tyler is, I decided to use Nabeel as an […]

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]]> Filmed at home, this ran about two hours, and yes that is Nabeel Qureshi, with a cameo from Spinoza toward the very end.  From Jackson:

Links

From the episode summary:

Tyler and Nabeel are good friends, and given how prolific Tyler is, I decided to use Nabeel as an entry point and interview them together. We discuss sacred commitments, AI acceleration, mentorship, friendship, and more, but I focused the majority of the conversation on art and aesthetics. Tyler and Nabeel are unlikely aesthetes given their day jobs, but in fact take art deeply seriously. They have a shared love for and similar tastes in art, music, and film, in particular. We discuss strange and beautiful art, aesthetic stagnation, and a wide range of favorites: The Beatles, Mozart, Mondrian, Springsteen, Lana Del Rey, Kanye West, Cassavetes, The Sopranos, Apichatpong Weerasethakul, and more.

https://www.youtube.com/watch?si=wC78q_BeD27XDnLN&v=qPHV-BezoIc&feature=youtu.be

Excerpt:

Tyler: (18:31) I think I’m very mundane in many ways. When Marc Andreessen had that famous tweet about not being too introspective, I know he got slammed for that, but I sympathize with that in many ways. I have my work. I focus on it. I want to go see places I haven’t seen before. That really drives me. I feel pretty well motivated. I do think all kinds of deep thoughts, but to me those deep thoughts feel more superficial than my so-called superficial urges to go around doing things. And I’m fine with that.

…Jackson: (23:25) Do you experience art primarily by thinking or by feeling?

Tyler: (23:29) I don’t even know what those words mean. I experience it by looking at it. I don’t think I have very deep emotional responses. I think it’s pleasure and I feel I learn a lot from it. When I go out and look at other works of art or just the world, I see a lot more than people who don’t live with art. I don’t think I feel that much. I’ve never cried in front of a painting. When I read these accounts of someone seeing a Madonna and weeping, it makes no sense to me. It’s like people who do sports gambling. Why do you do that? There are positive-sum gambles for you. Here are a few.

There is much more of interest, self-recommending!

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]]> https://marginalrevolution.com/marginalrevolution/2026/06/jackson-dahl-podcasts-with-me-and-nabeel-on-aesthetics.html/feed 14 93302 https://marginalrevolution.com/marginalrevolution/2026/06/monday-assorted-links-566.html?utm_source=rss&utm_medium=rss&utm_campaign=monday-assorted-links-566 Monday assorted links https://feeds.feedblitz.com/~/958746401/0/marginalrevolution~Monday-assorted-links.html https://marginalrevolution.com/marginalrevolution/2026/06/monday-assorted-links-566.html#comments Mon, 29 Jun 2026 17:47:16 +0000 https://marginalrevolution.com/?p=93296 1. The great Scott Wheeler on Stephen Sondheim (Free Press). 2. Is space the most underrated policy area? 3. On the USAID and deaths debate.  Hardly the final word, but an injection of sanity into what has been a low quality debate.  Here is commentary from GPT Pro.  In a few years we might have […]

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]]> 1. The great Scott Wheeler on Stephen Sondheim (Free Press).

2. Is space the most underrated policy area?

3. On the USAID and deaths debate.  Hardly the final word, but an injection of sanity into what has been a low quality debate.  Here is commentary from GPT Pro.  In a few years we might have some accurate estimates.

4. Using LLMs in economic history.

5. Measuring economic growth through the valuation of human life.

6. Brooklyn Coffee Shop showcases my book The Complacent Class.

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