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Micro-Institutions Everywhere: Prices
Today they seem so commonplace. You walk into a supermarket, or a shopping mall, or a gas station, and all of the diverse products for sale have one thing in common: a fixed price, there for all to...
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Notes on the Sinaloa Cartel
From NYT over the weekend. Some of the article is hyperbolic, but I present the interesting parts here without comment. On logistics: From the remote mountain redoubt where he is believed to be hiding,...
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Work on Important Problems
Late last week, I tweeted a quote from Jeff Hammerbacher that I found through a talk by Shane Becker: The best minds of my generation are thinking about how to make people click ads. This reminded me...
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