This year, I read ten important historical novels: Jane Eyre, Middlemarch, To The Lighthouse, Bleak House, Portrait of a Lady, Anna Karenina, Life and Fate, Heart of Darkness, Madame Bovary, and The Magic Mountain. Reflections:. • Four of these are more than 800 pages long. The.

Someone on HN (which is often quite crypto-skeptical) asked why exactly businesses are finding crypto and stablecoins useful. It's a very reasonable question. My response:

My family will not be hearing from me

RT @zcabrams: 1/.Launching Tempo. Bridge was one of the first companies to use blockchains to solve core payments problems. During our jour….

RT @CanadaKaz: Shopify’s in. Building faster, easier, and cheaper stablecoin payments just makes sense.

RT @matthuang: Introducing @tempo. A payments-first blockchain incubated by Stripe and Paradigm.

RT @jackforestell: Excited to be involved with @Tempo from day one, helping shape blockchain infrastructure purpose-built for payments. Th….

Introducing @Tempo. At Stripe, we care about high-throughput, low-latency payments use cases. As the use of stablecoins (and crypto more broadly) grows across Stripe, Bridge, and Privy, we found that existing blockchains are not optimized for them. For example, it's valuable.

Also discussing the Guenther paper, @mattyglesias:

Here is the case summarized by the LLM. (Really quite good in my view.). --. Imagine trying to fix a country using only questions. No manifestos, no five-year plans—just a relentless catechism: Whether we mistake money for wealth? Whether idleness and industry are the real.

RT @mnovendstern: Notably we spend twice as much on low-powered “longevity” solutions — “wellness” and “cosmetics” — as we do on pharmaceut….

RT @maya_m_arce: Excited to share that the Arce Lab is launching today at @arcinstitute !.We will explore the mechanisms controlling immune….

Was George Berkeley the first development economist?

Remarkable that US spending on pharmaceuticals is just ~1.6% of GDP. Amazingly good value for money considering the welfare gains. (And especially given the extent to which the US subsidizes the rest of the world.).

RT @ladanuzhna: Tech has produced several trillion-dollar companies. Biotech has produced none. If I were completely impartial to what dise….

And WSJ:

The Truth in Small Doses is a very good account of the challenges in cancer research, much of which also applies to other parts of biomedical research. (I think I already recommended The Rise and Fall of Modern Medicine; they pair well together.).

RT @GoodfireAI: Arc Institute trained their foundation model Evo 2 on DNA from all domains of life. What has it learned about the natural w….

Often find myself thinking about or referring people to Fragile by Design from Calomiris and Haber, one of the best books I've read on financial services regulation. Recommended!.

A new proposal from @CMSgov under @DrOz wants to add catheters, ostomy & trach supplies to Medicare’s competitive bidding program. This is a bad idea and will worsen outcomes for seniors & Medicare recipients. My latest in @MedPageToday explains why ⬇️