Tap a claim on the ring to put it at the centre.
← In commodity industries, extraordinary profits from shortages are…
17 connected korrents · 17 moments from 3 Mar 2021 to 27 Sept 2026. Nearly all of them are about capitalism .
Everything filed under market efficiency
market efficiency
Everything filed under government
government 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: In commodity industries, extraordinary profits from shortages are eventually competed away as supply responds to the profit incentive, and losses are similarly self-correcting through reduced supply. In commodity industries, extraordinary profits from shortages are eventually competed away as supply responds to the profit incentive, and losses are similarly self-correcting through reduced supply. Last stated a year ago
5 Sept 2025
SB
Sanjay Bakshi — holds since 2025-09-05 — tap for who they are
Same subject: Capitalism's need for never-ending growth is killing the planet — tap to centre the map on it Capitalism's need for never-ending growth is killing the planet Last stated 6 years ago
3 Mar 2021
DH
David Heinemeier Hansson — holds since 2021-03-03 — tap for who they are
Same subject: Cultural drift can be managed by letting capitalism run everything and using prediction markets to track a group's adaptive success and progress toward achieving key goals. — tap to centre the map on it Cultural drift can be managed by letting capitalism run everything and using prediction markets to track a group's adaptive success and progress toward achieving key goals. Last stated 2 weeks ago
18 Sept 2026
RH
Robin Hanson — holds since 2026-09-18 — tap for who they are
Same subject: Free-enterprise capitalism is not the cause of poverty but the only tool there is for ending hunger and poverty anywhere on earth. — tap to centre the map on it Free-enterprise capitalism is not the cause of poverty but the only tool there is for ending hunger and poverty anywhere on earth. Last stated 3 years ago
17 Jan 2024
JM
Javier Milei — holds since 2024-01-17 — tap for who they are
Same subject: New societies built on consensual, opt-out social contracts can defend capitalism, democracy, internationalism, self-determination and liberal values against a rising illiberalism. — tap to centre the map on it New societies built on consensual, opt-out social contracts can defend capitalism, democracy, internationalism, self-determination and liberal values against a rising illiberalism. Last stated a year ago
28 Sept 2025
BS
Balaji Srinivasan — holds since 2025-09-28 — tap for who they are
Same subject: Plantation slavery was profitable and fully compatible with capitalism, not opposed to it. — tap to centre the map on it Plantation slavery was profitable and fully compatible with capitalism, not opposed to it. Last stated 4 years ago
26 Aug 2022
DK
Davis Kedrosky — holds since 2022-08-26 — tap for who they are
Same subject: Retirement, when it comes, will be a retirement from customers and commerce, not from building and sharing things. — tap to centre the map on it Retirement, when it comes, will be a retirement from customers and commerce, not from building and sharing things. Last stated 2 months ago
26 Jul 2026
DH
David Heinemeier Hansson — holds since 2026-07-26 — tap for who they are
Same subject: Shareholder primacy is about forty years old rather than a natural law, and for centuries before it a corporation existed to pursue a specific beneficial purpose. — tap to centre the map on it Shareholder primacy is about forty years old rather than a natural law, and for centuries before it a corporation existed to pursue a specific beneficial purpose. Last stated 5 months ago
10 May 2026
ER
Eric Ries — holds since 2026-05-10 — tap for who they are
Same subject: Slavery was economically important to actually-existing capitalism in its early period, distinct from whether it was necessary for industrialization overall. — tap to centre the map on it Slavery was economically important to actually-existing capitalism in its early period, distinct from whether it was necessary for industrialization overall. Last stated 4 years ago
12 Oct 2022
DK
Davis Kedrosky — holds since 2022-10-12 — 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 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 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 a week 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 how companies pay for experience once AI-augmented junior employees match the output of far costlier mid-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: 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 for stock prices was mathematical showing-off dressed up as a claim about 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 unreliable indicator of the economy because they often reflect fads and fantasies. Last stated 5 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 persistent online attention can stay overpriced for long periods, so overvaluation alone does not imply a near-term correction. Last stated 4 years ago
25 Jul 2022
NS
Noah Smith — holds since 2022-07-25 — 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 price ceilings are a distinct source of cross-market misallocation, separate from Harberger quantity loss and within-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 aggregate quantity reduction, is the main welfare 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 among the most ruinous economic policies a government can impose. Last stated 2 weeks ago
18 Sept 2026
SS
Scott Sumner — holds since 2026-09-18 — tap for who they are
At the centre
In commodity industries, extraordinary profits from shortages are eventually competed away as supply responds to the profit incentive, and losses are similarly self-correcting through reduced supply.
Holds Read this korrent →
Capitalism's need for never-ending growth is killing the planet
Holds
Cultural drift can be managed by letting capitalism run everything and using prediction markets to track a group's adaptive success and progress toward achieving key goals.
Holds
Free-enterprise capitalism is not the cause of poverty but the only tool there is for ending hunger and poverty anywhere on earth.
Holds
New societies built on consensual, opt-out social contracts can defend capitalism, democracy, internationalism, self-determination and liberal values against a rising illiberalism.
Holds
Plantation slavery was profitable and fully compatible with capitalism, not opposed to it.
Holds
Retirement, when it comes, will be a retirement from customers and commerce, not from building and sharing things.
Holds
Shareholder primacy is about forty years old rather than a natural law, and for centuries before it a corporation existed to pursue a specific beneficial purpose.
Holds
Slavery was economically important to actually-existing capitalism in its early period, distinct from whether it was necessary for industrialization overall.
Holds
A company that deviates from open standards in its data exports without documenting the deviation creates an artificial vendor lock-in.
Holds
A dominant company's lead in market share compounds over time and becomes harder for competitors to close, especially in technology.
Holds
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.
Holds
Samuelson's random-walk analogy for stock prices was mathematical showing-off dressed up as a claim about the real world.
No longer holds
Stock prices are an unreliable indicator of the economy because they often reflect fads and fantasies.
Holds
Stocks sustained by persistent online attention can stay overpriced for long periods, so overvaluation alone does not imply a near-term correction.
Holds
Corner allocations under price ceilings are a distinct source of cross-market misallocation, separate from Harberger quantity loss and within-market misallocation.
Holds
Misallocation, not the aggregate quantity reduction, is the main welfare cost of price controls.
Holds
Draconian price controls are among the most ruinous economic policies a government can impose.
Holds