Why Prediction Markets Are Interesting

By Michael in economics on

Prediction markets can harness these incentives to uncover truth not just about company financial data, but about anything we are curious about. They tie reality and truth about the world to financial incentives. They push us to discover information about what is happening and what will happen.…

Economic Growth Prioritization

By Michael in economics on

How important is economic growth in the long run? In Stubborn Attachments, Tyler Cowen argues that ensuring high economic growth is perhaps the greatest moral good we can do. People living in the far future ought to be just as (or very nearly as) valuable to us as lives that…