Offsetting Behaviour
Friday, 27 February 2026

Recursive technology, non-recursive adoption, and Schumpeterian displacement

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Tyler pointed to this piece, from Citadel Securities , making the point Tyler's made before: AI is growing more powerful by leaps and bo...
Thursday, 19 February 2026

I find it difficult to ignore the role of stupidity in human affairs

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Adam Thierer points to his favourite Ronald Coase quote: my favorite Ronald Coase quote: "I find it difficult to ignore the role of st...
Monday, 15 December 2025

Surely a case for outcome-based contracting

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Outcome-based contracting would have solved this: A stop smoking provider says the decision to cut its contract on the basis it has refused ...
Monday, 1 December 2025

The state of the books

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StatsNZ has put up its year-end accounts for the government, split out across functional areas.  Their data goes back to 2009 in the main ta...
Wednesday, 26 November 2025

Alas, it was not to be

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It would have been just one bad part of an overarching very silly policy. Exempting it from the policy regime I suppose makes the policy a b...
Thursday, 20 November 2025

Seamus and I were wrong

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Back in 2012, Seamus Hogan and I were ...mildly sceptical... of proposals to build a giant convention centre in Christchurch. Seamus wrote: ...
Thursday, 23 October 2025

Speech-gating and privacy tradeoffs

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A friend asked about my zealotry on age-gating social media and why internet anonymity/pseudonymity should be protected.  I sent this throug...
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