Regulated industries and the divide between Silicon Valley and DC
New bank charters actually were running pretty high up until 2008, and then they dropped to zero. Whatever happened in banking reform and regulation, and […]
permissionless innovation
Permissionless innovation and the graveyard of things never created
There is another reason for decentralization. That reason is what’s called permissionless innovation. If censorship is the thing you saw that now goes away, permissionless […]
Podcast: China’s approach to military tech with Tate Nurkin
Tate Nurkin joined me on the Acquisition Talk podcast to discuss China’s weapons technologies. He is the founder of the OTH Intelligence Group, and a […]
Munger on Permissionless Innovation
Russ Roberts: What is the most important concept in political economy?… your answer, Mike, really surprised me. What was it? Michael Munger: Well, I would claim… that […]