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Blog Archive for the ‘Economics’ Category

How Warren Buffett Won His Multi-Million Dollar Long Bet

by Ahmed Kabil on February 17th, 02018

This year, Warren Buffett won his multi-million dollar, decade-long Long Bet.

From the preacher warning that the day of reckoning is nigh, to the sports analyst prognosticating about the outcome of next week’s big game, to the fortune teller calling for hard times in Mercury retrograde, predictions are pervasive, but accountability is. . .   Read More

Warren Buffett Wins Multi-Million Dollar Long Bet

by Ahmed Kabil on February 9th, 02018

SAN FRANCISCO, CA. February 9, 02018.* The Long Now Foundation today announced that it has arrived at a decision for Long Bets #362, popularly known as the “Million Dollar Buffett Bet,” between Warren Buffett and Protégé Partners LLC. Warren Buffett has won the bet, and by a significant margin.

In the bet, Warren Buffett. . .   Read More

A Brief Economic History of Time

by Ahmed Kabil on March 16th, 02017

“The age of exploration and the industrial revolution completely changed the way people measure time, understand time, and feel and talk about time,” writes Derek Thompson of The Atlantic. “This made people more productive, but did it make them any happier?”

In a wide-ranging essay touching upon the advent of the wristwatch, railroads, and. . .   Read More

Ancient Venture Capitalism and its Lessons for the Modern Economy

by Charlotte Hajer on September 24th, 02015

Our understanding of ancient civilizations can be spotty. Because not all cultural artifacts withstand the test of time, we have to piece together our portraits of these societies with partial clues, making inferences where needed to cover gaps in the archaeological record.
But one of these clues offers a remarkably detailed picture of economic life. . .   Read More

Paul Saffo Seminar Media

by Mikl Em on April 15th, 02015

This lecture was presented as part of The Long Now Foundation’s monthly Seminars About Long-term Thinking.

The Creator Economy
Tuesday March 31, 02015 – San Francisco

Video is up on the Saffo Seminar page.
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Audio is up on the Saffo Seminar page, or you can subscribe to our podcast.
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The Creator Economy – a summary. . .   Read More

Warren Buffett maintains his lead in his $1 million Long Bet

by Andrew Warner on March 13th, 02015

In 02008, Warren Buffett placed a Long Bet that will take until 02017 to resolve. He predicted that for those ten years, “the S & P 500 will outperform a portfolio of funds of hedge funds, when performance is measured on a basis net of fees, costs and expenses.”

Below is a summary of how. . .   Read More

Mariana Mazzucato Seminar Media

by Andrew Warner on April 16th, 02014

This lecture was presented as part of The Long Now Foundation’s monthly Seminars About Long-term Thinking.

The Entrepreneurial State: Debunking Private vs. Public Sector Myths
Monday March 24, 02014 – San Francisco

Video is up on the Mazzucato Seminar page for Members.
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Audio is up on the Mazzucato Seminar page, or you can subscribe. . .   Read More

Mariana Mazzucato Seminar Primer

by Andrew Warner on March 10th, 02014

Since the Enlightenment and its corresponding assumptions of social-technological progress, scholars have debated what political and economic systems best facilitate technological growth.
These days, one of the common assumptions of the technology sector is that the government is fundamentally a limiting force when it comes to innovation. This view is a well-established conservative. . .   Read More

Paul Sabin on the Gamble over Earth’s Future

by Charlotte Hajer on October 9th, 02013

In 1980, a bet was made between a Malthusian ecologist and a Cornucopian economist – between optimism and pessimism – about the fate of humanity and planet Earth. The wager concerned fluctuations in the market prices for several crude metals. If prices rose over the next decade, civilization must be facing scarcity and thus inevitable doom; falling. . .   Read More

Honduran Charter Cities and Path Dependency

by Charlotte Hajer on February 22nd, 02013

In 02011, economist Paul Romer was given an opportunity that few of his colleagues ever get: a chance to see one of his theories tested in a real-world setting. Octavio Sanchez, an idealistic government official in Honduras, saw in Romer’s proposal a resemblance to an idea of his own: to solve the country. . .   Read More

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