Why is China smashing its tech industry?
Maybe because what countries think of as a "tech industry" isn't always the same
More from Noah Smith 🐇🇺🇦
Why has climate economics failed us?
Economists could have helped in the fight against climate change. So far, they haven't.
«The big conceptual mistake here is to assume that whatever economists can easily measure is the sum total of what’s important for the world»
Interview: Vitalik Buterin, creator of Ethereum
In which we talk about the big shifts in crypto.
Where does the wealth go when asset prices go down?
It vanishes into nothingness.
«The short answer is: It didn’t “go” anywhere. It vanished. It stopped existing. That’s not a natural or intuitive idea — how can wealth just disappear? —»
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