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Timothy B. Lee
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Here's a thread about short-selling. When someone sells a stock short, they borrow a share from someone else and immediately sell it. Then later they have to buy a share
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It seems like people who think that a short squeeze is a magical way to take money from rich people aren't thinking things through all the way. It's true that
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Just finished listening to Matt Stoller's Goliath, a political and intellectual history of the anti-monopoly movement over the last ~100 years. It gave me a better understanding of the intellectual
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In 2007, my brother @startupandrew called to ask if I wanted to start a company with him. He needed a co-founder. I wanted to say yes but I didn't have
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There was nothing funny about what happened yesterday, but I think it's consistent with @DouthatNYT's argument that a lot of today's extremist "activism" is LARPing in pursuit of social media
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Predictions for autonomy in 2021—confidence in parentheses.* Waymo will expand its Phoenix service area but will still serve less than half the Phoenix metro area by the end of 2021.
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There's an under-appreciated interaction between macroeconomics and manufacturing economics when it comes to renewable energy policy. A basic factor driving progress in renewable energy is the learning rate: the more
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Waymo is in a weird place right now. They're now operating an honest-to-goodness commercial driverless taxi service. No safety drivers. No rider non-disclosure agreements. A pretty big service area (~50
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In his memoir Obama writes that by Spring 2008 "the United States had entered a full-blown recession. The housing bubble and easy money had disguised a whole host of structural
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People seem to think this is a compelling argument against antitrust enforcement but it's really not. Anyone familiar with economic history knows that new high-tech industries tend to have a
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