Frank Brown Cloud
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On bitcoins and privacy.
Bitcoins: either I or other people were suffering from some fundamental misunderstandings.
antibiotic resistance, antibiotics, Bitcoins, black markets, blockchain, Canadian pharmaceuticals, civil liberties, cost of medicine, cost of prescription drugs in the U.S., drugs, economics, freedom of speech, GHB, gun control, healthcare spending in the U.S., how anonymous are bitcoins?, how could the government protect your property rights if they don’t know what you own, how much computer power would it take for someone to steal your bitcoins?, imported pharmaceuticals, John Bohannon, law enforcement, legalized drugs, legalizing drugs, monetary policy, money supply, opiate abuse, ownership, ownership by majority vote, policing, prescription drugs, privacy, property rights, Ross Ulbricht, senseless regulation, Shadow, ShadowCash, speculation, The Silk Road, transaction log, War on Drugs, wealth, what makes a law just -
On productivity, and the risk of accidentally making the world worse when we’re trying to make it better.
If efficiency were all we were after, why bother with human consumers? Robots could grow the food, and gobble it all up, too.
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On poetry: Erin Belieu’s ‘When at a Certain Party in NYC’
You can’t always get what you want – from your local library – but you might just find, you get what you need.
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On the low-quality, highly-biased research attempting to dissuade you from wearing a bike helmet.
You should wear a helmet, no matter what the ill-conceived research papers claim.
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On Akerlof & Shiller’s ‘Phishing for Phools’ and the increasing heterogeneity of the United States.
People aren’t exactly the same everywhere, but we’re all suckers. And huckersters know.
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On paying teachers for value added.
Pay the best teachers more? Sure! But are the best teachers the ones who program their students to fill in the right bubbles?
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On medical spending.
We spend huge amounts on medical care in the U.S., but cheaper interventions would improve people’s lives more.









