Monthly Archives: May 2017

Uber has no incentive to keep cars empty

After reading Eric Newcomer’s Bloomberg piece on Uber pricing, Marshall Steinbaum wrote a short tweetstorm about what it implies for Uber’s incentives, which I suspect is exactly wrong.

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The Spinning Wheels Edition

Slate Money on the auto industry, artificial intelligence, and Apple’s new headquarters.

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Give Non-Citizens the Vote!

Realistically, non-citizens will never be able to vote in federal elections. But that’s no reason why they shouldn’t be able to vote in immigrant-heavy cities like New York.

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A few notes about the Spotify stock-market listing

I really like the idea of direct listing, especially for companies which don’t need to raise additional capital (or who don’t mind doing so on the secondary market). It helps to marginalize Wall Street investment banks, for one thing, which … Continue reading

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Material World

My review of Pascal Bruckner’s “The Wisdom of Money”

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The Disappearing Edition

Slate Money on the mortgage interest deduction, the volatility index, and Snap’s first earnings report after going public.

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The Talking TED Talks Edition

Slate Money on Cathy O’Neil’s TED talk, what goes on at TED Talks conferences, and the industry of highly paid speeches.

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Facebook: We’re not just sexist, we’re also innumerate!

There’s a particularly dismal genre of arguments which basically say that “after accounting for the sexism in our company, we have found that there’s no sexism in our company”. And this one is a doozy.

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