Disadvantage of a centralized economy with heavy bets on one technology: one guy’s actions can do a lot of economic harm. Centralized systems are high performance but fragile and crash harder
Tim Wu
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Professor at Columbia
Contributing opinion writer at the N.Y. Times
Author of THE AGE OF EXTRACTION (2025), the ATTENTION MERCHANTS and other books.
Contributing opinion writer at the N.Y. Times
Author of THE AGE OF EXTRACTION (2025), the ATTENTION MERCHANTS and other books.
1.8K Following 62K Followers 65 Posts
Latest posts 5
Doesn’t seem to me that you need a complex conspiracy theory to understand the Jensen Huang story. I’d guess staffers at Treasury and intel agencies were angry that their info (and policies) were being ignored by Lutnick and Trump, and that the SE Asian sales were not being stopped so they leaked to the press after the midterm election. Who benefits? (as conspiracy theorists like to say?). Staff whose job is implementing the sanction policies.
The New York Times has written a fitting and thoughtful obituary of Richard Posner which makes me happy on what is otherwise a sad day (I was one of his clerks).
Breaking News: Judge Richard A. Posner, the most-cited legal scholar of the latter half of the 20th century, has died. nyti.ms/4AizsyoView quoted post on X
I was a Posner clerk; he taught me to think without fear. The year I spent with him was a gift for which I will always be grateful
We mourn the loss of Senior Lecturer Richard Allen Posner, a longtime #UChicagoLaw scholar, former federal appellate judge, and pioneer in the field of law and economics, who died on November 10.
Read more about his legacy: buff.ly/e3c3WdLView quoted post on X
On the "economics of essentials" Isabella Weber's @isabellamweber's new book "Anti-Fascist Economics" is a must penguinrandomhouse.com/books/804175/a…
www.penguinrandomhouse.com Anti-Fascist Economics by Isabella Weber: 9798217154432 | PenguinRandomHouse.com: Books As inequality, inflation, and overwhelming corporate power threaten democracy, a rising-star economist asks what it would mean to create an anti-fascist economics that guarantees dignity...