Nuggies: Coinbase & Economics

Thursday, April 15th, 2021

Welcome to the 43rd edition of Nuggies, an email newsletter that aggregates articles and commentary on business, economics, startups, and more, in bite-sized nuggets sent right to your email weekly. Created by and for college students.

Our quote of the week comes from Github CEO, Nat Friedman, “pessimists sound smart, optimists make money.”

This Week’s Articles:

Central banks should not target house prices, Financial Times

Our first article is a Financial Times opinion piece which discusses the use of monetary policy to target rising housing prices, which has recently caught on in New Zealand. The author looks at empirical economic studies and makes a compelling, easy to understand argument for how a less distortionary approach can be taken to control housing prices which is less impactful to the entire economy.

Read it here

Q&A with Mark Zuckerberg on the Creator Economy, Josh Constine

Longtime tech journalist Josh Constine hosted a talk with Mark Zuckerberg, Spotify CEO Daniel Ek, and Shopify CEO Tobi Lütke. They covered building careers, the future of privacy, internet freedom, and Apple’s creator policies. This is an insane lineup of smart, accomplished people, who shared their vision for a future. Read this article that summarizes the conversation and insights.

Read it here

Why has climate economics failed us?, Noahpinion

Wildfire in the Pacific Northwest

Noah Smith offers a critical review of current research (or lack thereof) from climate economists. He’s critical of the field’s over fixation with carbon taxes and reliance on models that don’t tie with environmental research. The piece is a good for thought and a good (but critical) introduction to hot topics in climate economics.

Read it here

This Week’s Tweets:

Really good thread on original content and streaming platform strategy:

This Week’s Wildcard (an extra, interesting nugget):

Coinbase went public yesterday via a direct listing at a 100b+ valuation, here is Coinbase practicing for one of their first pitches to investors back in 2012

This Week’s Question:

Are you buying Coinbase at a $100B+ valuation?

What are we listening to this week?:

This week, we’re listening to Young Thug & Future 2017 project SUPER SLIMEY. Dropped in the heat of an era when collab projects were all the rage, SUPER SLIMEY sees Thugger and Pluto bring out the best of each other.

Thank you for reading! Nuggies is created by Thomas Pero and Spencer Koehl, two undergraduate students at the University of Notre Dame.

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