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The Bureaucracy Blocking the Chance at a Cure
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Alex Tabarrok
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17 September
Professor of economics at George Mason University and Bartley J. Madden Chair at the Mercatus Center. Co-writes the blog Marginal Revolution and co-authors the textbook Modern Principles of Economics with Tyler Cowen.
ZCash is having a governance debate thanks to @maxdesalle, @zooko, @matthuang and others. It's a perennial debate because everything DeSalle says about the weakness of governance institutions is correct and yet when it comes to public goods, externalities and increasing returns--all of which are critical for ZCash-there is very little choice but a governance institution. N.B. All DeSalle says also applies to firms! Firms are islands of central planning. Central planning is inefficient. So shouldn't people who appreciate markets want to get rid of firms?! No. The boundary between firms and the… Quoting @matthuang A few thoughts on ZCash (disclosure: Paradigm is an investor in ZEC and ZODL): - All blockchain ecosystems struggle with long-term funding, especially of public goods, and an inflation-funded developer fund is an elegant mechanism to do so. How this fund is allocated is a fair debate, and we should… Related
16 September
Physicist and science communicator. Writes Backreaction and makes videos explaining new physics and astronomy results, frequently to argue that the headline about them overstates the case.
It's a bad idea. If you dictate scientists just what to work on, you will get a low return on investment. The current science funding schemes ALREADY have this problem: pour money into some specific program, see scientists produce something that fits into the program to get the money --> topic is overcrowded with incremental and nonsense research that mostly leads nowhere. It's inefficient for the same reason planned economies are inefficient. Scientists need MORE freedom to do what they want, not less. Quoting @NewsfromScience The National Science Foundation (NSF) has issued a 10-page memo signaling a retreat from its traditional role of giving grants to individual researchers to pursue their best ideas and to train the next generation of scientists. Instead, the memo makes clear, NSF will devote the bulk of its resource… Related
31 July
Co-founder of Modem and a founding engineer at Sentry, where he went on to be VP of Engineering. Co-author of Third-party JavaScript, and co-host of the State of Agentic Coding podcast with Armin Ronacher.
It's becoming normal practice to plug your coding agent into tools like Slack and helpdesk software to find customer insights. Turns out it's super inefficient, because you're just fetching and smashing raw strings into your context repeatedly. So we released a new MCP server that solves that. MCP Related
9 May
Programmer and writer on computer architecture, performance, and software reliability. He has worked on CPU design at Centaur Technology and on software at Google and Microsoft, and writes long-form technical essays at danluu.com.
What do people like for token-intensive workflows for personal projects? With a semi-autonomous workflow, I can exhaust a week's quota on the $200/mo codex plan in ~10 minutes of my time. If I'm in the loop, I get ~10x(?) the productivity per token, but it's time inefficient and Related
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