Economics
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The Great Startup Reset: Why Founders Should Prepare for Lower Valuations
This post was originally published on GeekWire on January 28, 2022 The S&P 500 is down more than 10% since the beginning of the year, putting it into “correction” territory. The NASDAQ is down almost 15%, but the carnage among growth technology stocks is concealed by the relative outperformance of the trillion-dollar “Big Tech” behemoths.…
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Let a Bot Run the Federal Reserve: 2021 Edition
Here is my quadrennial plea to put our monetary policy in the hands of a bot (and happy to call it a smart contract if that makes it more au courant). Despite my best efforts, Bernanke, Yellen, and Powell all got the nod over the bot. But the risks of human policy error have never…
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Nominating a Bot to the Federal Reserve Doesn’t Seem So Crazy Now Does It?
via Flickr I neglected to repost my quadrennial modest proposal to name a bot as chair of the Federal Reserve (instead of Bernanke or Yellen) during Jerome Powell’s nomination (I blame him). The idea is simple: Software Bot To Be Nominated Chairman of Federal Reserve System Cutting edge technology tapped to bring stability and…