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← A market becomes commodified through fungibility of alternatives, not merely through lower price.
17 connected korrents · 14 moments from 12 Oct 2023 to 14 Oct 2026.
Everything filed under capitalism
capitalism
Everything filed under government
government
Everything filed under market efficiency
market efficiency
Everything filed under libertarianism
libertarianism
Everything filed under startups
startups
Everything filed under benchmarks
benchmarks
Everything filed under economists
economists
Everything filed under mental models
mental models Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Read this korrent: A market becomes commodified through fungibility of alternatives, not merely through lower price. A market becomes commodified through fungibility of alternatives, not merely through lower price. Last stated 2 months ago
26 Aug 2026
RK
Rohit Krishnan — holds since 2026-08-26 — tap for who they are
Same subject: Making a commodity cheaply is a harder startup problem than making something valuable, because the product cannot carry a premium. — tap to centre the map on it Making a commodity cheaply is a harder startup problem than making something valuable, because the product cannot carry a premium. Last stated 2 years ago
6 Mar 2025
AV
Austin Vernon — holds since 2025-03-06 — tap for who they are
Same subject: Meat substitutes have to become clearly cheaper than meat, not merely as cheap, before most people will switch. — tap to centre the map on it Meat substitutes have to become clearly cheaper than meat, not merely as cheap, before most people will switch. Last stated 3 years ago
12 Oct 2023
HR
Hannah Ritchie — holds since 2023-10-12 — tap for who they are
Same subject: In a commoditizing market, the platform that aggregates volume wins over the lab with a marginal benchmark lead. — tap to centre the map on it In a commoditizing market, the platform that aggregates volume wins over the lab with a marginal benchmark lead. Last stated a month ago
7 Oct 2026
TT
Tomasz Tunguz — holds since 2026-10-07 — tap for who they are
Same subject: Competition that removes differentiation makes everyone worse off, because it assumes people already know what they want. — tap to centre the map on it Competition that removes differentiation makes everyone worse off, because it assumes people already know what they want. Last stated 11 months ago
9 Dec 2025
RS
Rory Sutherland — holds since 2025-12-09 — tap for who they are
Same subject: A business's only real competition is its own costs, not the alternatives on the market, because staying in business means making more than you spend. — tap to centre the map on it A business's only real competition is its own costs, not the alternatives on the market, because staying in business means making more than you spend. Last stated 9 months ago
15 Feb 2026
JF
Jason Fried — holds since 2026-02-15 — tap for who they are
Same subject: The market is not magic; it works where property rights are defined — tap to centre the map on it The market is not magic; it works where property rights are defined
TS
Thomas Sowell — holds since c. 1980 — tap for who they are
Same subject: Scarcity and difficulty of production, not just usefulness, are what let a seller charge more. — tap to centre the map on it Scarcity and difficulty of production, not just usefulness, are what let a seller charge more. Last stated 4 months ago
11 Jul 2026
JJ
Justin Jackson — holds since 2026-07-11 — tap for who they are
Same subject: A market economy rewards putting land under campsites and horse liveries rather than under food, and that is the wrong thing to reward. — tap to centre the map on it A market economy rewards putting land under campsites and horse liveries rather than under food, and that is the wrong thing to reward. Last stated 3 years ago
9 Dec 2023
CS
Chris Smaje — holds since 2023-12-09 — tap for who they are
Same subject: A company that deviates from open standards in its data exports without documenting the deviation creates an artificial vendor lock-in. — tap to centre the map on it A company that deviates from open standards in its data exports without documenting the deviation creates an artificial vendor lock-in. Last stated 2 years ago
3 Mar 2025
TS
Tobias Sjösten — holds since 2025-03-03 — tap for who they are
Same subject: A country's war effort improves when scarce resources flow to its most effective units rather than being spread evenly across all of them. — tap to centre the map on it A country's war effort improves when scarce resources flow to its most effective units rather than being spread evenly across all of them. Last stated 4 months ago
10 Jul 2026
AV
Austin Vernon — holds since 2026-07-10 — tap for who they are
Same subject: A dominant company's lead in market share compounds over time and becomes harder for competitors to close, especially in technology. — tap to centre the map on it A dominant company's lead in market share compounds over time and becomes harder for competitors to close, especially in technology. Last stated 2 months ago
22 Sept 2026
BR
Barry Ritholtz — holds since 2026-09-22 — tap for who they are
Same subject: A ban on AI is unlikely. — tap to centre the map on it A ban on AI is unlikely. Last stated 4 months ago
18 Jul 2026
JH
John Horgan — holds since 2026-07-18 — tap for who they are
Same subject: A ban on self-recursive improvement in AI models would create a big incentive for some other parts of the world to invest a lot more in compute. — tap to centre the map on it A ban on self-recursive improvement in AI models would create a big incentive for some other parts of the world to invest a lot more in compute. Last stated 2 months ago
22 Sept 2026
TC
Tyler Cowen — holds since 2026-09-22 — tap for who they are
Same subject: A border wall through Big Bend would be a monument to corruption that makes no one safer. — tap to centre the map on it A border wall through Big Bend would be a monument to corruption that makes no one safer. Last stated 4 months ago
13 Jul 2026
JT
James Talarico — holds since 2026-07-13 — tap for who they are
Same subject: A free person asks neither what the country can do for them nor what they can do for the country — tap to centre the map on it A free person asks neither what the country can do for them nor what they can do for the country
MF
Milton Friedman — holds since c. 1962 — tap for who they are
Same subject: A policy of freedom for the individual is still the only truly progressive policy, as in the nineteenth century — tap to centre the map on it A policy of freedom for the individual is still the only truly progressive policy, as in the nineteenth century
FH
Friedrich Hayek — holds since c. 1944 — tap for who they are
Same subject: An alliance with abundance liberals is likely a more promising political strategy for libertarians than a revival of fusionism in the short to medium term. — tap to centre the map on it An alliance with abundance liberals is likely a more promising political strategy for libertarians than a revival of fusionism in the short to medium term. Last stated 3 weeks ago
14 Oct 2026
IS
Ilya Somin — holds since 2026-10-14 — tap for who they are
At the centre
A market becomes commodified through fungibility of alternatives, not merely through lower price.
Holds Read this korrent →
Making a commodity cheaply is a harder startup problem than making something valuable, because the product cannot carry a premium.
Holds
Meat substitutes have to become clearly cheaper than meat, not merely as cheap, before most people will switch.
Holds
In a commoditizing market, the platform that aggregates volume wins over the lab with a marginal benchmark lead.
Holds
Competition that removes differentiation makes everyone worse off, because it assumes people already know what they want.
Holds
A business's only real competition is its own costs, not the alternatives on the market, because staying in business means making more than you spend.
Holds
The market is not magic; it works where property rights are defined
Last stated c. 1980
Holds
Scarcity and difficulty of production, not just usefulness, are what let a seller charge more.
Holds
A market economy rewards putting land under campsites and horse liveries rather than under food, and that is the wrong thing to reward.
Holds
A company that deviates from open standards in its data exports without documenting the deviation creates an artificial vendor lock-in.
Holds
A country's war effort improves when scarce resources flow to its most effective units rather than being spread evenly across all of them.
Holds
A dominant company's lead in market share compounds over time and becomes harder for competitors to close, especially in technology.
Holds
A ban on AI is unlikely.
Holds
A ban on self-recursive improvement in AI models would create a big incentive for some other parts of the world to invest a lot more in compute.
Holds
A border wall through Big Bend would be a monument to corruption that makes no one safer.
Holds
A free person asks neither what the country can do for them nor what they can do for the country
Last stated c. 1962
Holds
A policy of freedom for the individual is still the only truly progressive policy, as in the nineteenth century
Last stated c. 1944
Holds
An alliance with abundance liberals is likely a more promising political strategy for libertarians than a revival of fusionism in the short to medium term.
Holds