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← Exposure to competition in tradeable sectors makes those sectors more productive than non-tradable ones.

15 connected korrents · 16 moments from 11 Feb 2018 to 27 Sept 2026.

Everything filed under market efficiency market efficiency Everything filed under capitalism capitalism Everything filed under innovation innovation Everything filed under government government Same subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subject Read this korrent: Exposure to competition in tradeable sectors makes those sectors more productive than non-tradable ones. Exposure to competition in tradeablesectors makes those sectors moreproductive than non-tradable ones. Last stated a year ago 29 Apr 2025 SH Samuel Hammond — holds since 2025-04-29 — tap for who they are Same subject: Technology has made markets less efficient at long horizons rather than more efficient. — tap to centre the map on it Technology has made markets lessefficient at long horizons ratherthan more efficient. Last stated 2 years ago 3 Sept 2024 CA Cliff Asness — holds since 2024-09-03 — tap for who they are Same subject: Industries do not stay competitive markets; over time most settle into a monopoly or, more often, an oligopoly. — tap to centre the map on it Industries do not stay competitivemarkets; over time most settle intoa monopoly or, more often, anoligopoly. Last stated 5 years ago 25 Jan 2022 MA Marc Andreessen — holds since 2022-01-25 — tap for who they are Same subject: Exchange can make a society nicer as well as richer, because in a market buying is cheaper than stealing — tap to centre the map on it Exchange can make a society nicer aswell as richer, because in a marketbuying is cheaper than stealing Last stated 9 years ago 11 Feb 2018 SP Steven Pinker — holds since 2018-02-11 — tap for who they are Same subject: A market becomes commodified through fungibility of alternatives, not merely through lower price. — tap to centre the map on it A market becomes commodified throughfungibility of alternatives, notmerely through lower price. Last stated a month ago 26 Aug 2026 RK Rohit Krishnan — holds since 2026-08-26 — 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 ofproduction, not just usefulness, arewhat let a seller charge more. Last stated 3 months ago 11 Jul 2026 JJ Justin Jackson — holds since 2026-07-11 — tap for who they are Same subject: What decides a country's fortunes is not owning the leading sector but using the leading technology to create its own comparative advantage. — tap to centre the map on it What decides a country's fortunes isnot owning the leading sector butusing the leading technology tocreate its own comparativeadvantage. Last stated 11 months ago 12 Nov 2025 SN Satya Nadella — holds since 2025-11-12 — 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 openstandards in its data exportswithout documenting the deviationcreates an artificial vendorlock-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 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 marketshare compounds over time andbecomes harder for competitors toclose, especially in technology. Last stated 2 weeks ago 22 Sept 2026 BR Barry Ritholtz — holds since 2026-09-22 — tap for who they are Same subject: AI will force a correction in how companies pay for experience once AI-augmented junior employees match the output of far costlier mid-career employees. — tap to centre the map on it AI will force a correction in howcompanies pay for experience onceAI-augmented junior employees matchthe output of far costliermid-career employees. Last stated 2 months ago 15 Aug 2026 HR Harper Reed — holds since 2026-08-15 — tap for who they are Same subject: Corner allocations under price ceilings are a distinct source of cross-market misallocation, separate from Harberger quantity loss and within-market misallocation. — tap to centre the map on it Corner allocations under priceceilings are a distinct source ofcross-market misallocation, separatefrom Harberger quantity loss andwithin-market misallocation. Last stated 8 months ago 12 Feb 2026 AT Alex Tabarrok — holds since 2026-02-12 — tap for who they are Same subject: Misallocation, not the aggregate quantity reduction, is the main welfare cost of price controls. — tap to centre the map on it Misallocation, not the aggregatequantity reduction, is the mainwelfare cost of price controls. Last stated 8 months ago 12 Feb 2026 AT Alex Tabarrok — holds since 2026-02-12 — tap for who they are Same subject: Draconian price controls are among the most ruinous economic policies a government can impose. — tap to centre the map on it Draconian price controls are amongthe most ruinous economic policies agovernment can impose. Last stated 2 weeks ago 18 Sept 2026 SS Scott Sumner — holds since 2026-09-18 — tap for who they are Same subject: Samuelson's random-walk analogy for stock prices was mathematical showing-off dressed up as a claim about the real world. — tap to centre the map on it Samuelson's random-walk analogy forstock prices was mathematicalshowing-off dressed up as a claimabout the real world. Last stated 3 years ago 30 May 2023 AG Andrew Gelman — holds since 2023-05-27 — tap for who they are AG Andrew Gelman — no longer holds since 2023-05-30 — tap for who they are Same subject: Stock prices are an unreliable indicator of the economy because they often reflect fads and fantasies. — tap to centre the map on it Stock prices are an unreliableindicator of the economy becausethey often reflect fads andfantasies. Last stated 6 days ago 27 Sept 2026 PK Paul Krugman — holds since 2026-09-27 — tap for who they are Same subject: Stocks sustained by persistent online attention can stay overpriced for long periods, so overvaluation alone does not imply a near-term correction. — tap to centre the map on it Stocks sustained by persistentonline attention can stay overpricedfor long periods, so overvaluationalone does not imply a near-termcorrection. Last stated 4 years ago 25 Jul 2022 NS Noah Smith — holds since 2022-07-25 — tap for who they are
same subject or similar wordinga cloud: claims about one subject, named for itbar: when it was last stated, on a scale from 2015 to today — full is todaya face: someone who holds the claim — tap it for who they arefaded, dashed ring: they no longer hold it — they changed their mind

At the centre Exposure to competition in tradeable sectors makes those sectors more productive than non-tradable ones. Last stated 29 Apr 2025 · a year ago Holds Samuel Hammond Read this korrent →