The Global Alliance for Genomics & Health (GA4GH) recently honored me by inviting me to blog about one of my recently published studies. You can read the blog post "The perceived risks of sharing genomic data with researchers" here: www.ga4gh.org/news_item/th...

Happy to share our new (open access) article in the Canadian Journal of Economics on people’s willingness to donate DNA for science and its relationship with economic incentives and preferences. A brief thread on what we learned (1/4): doi.org/10.1111/caje...

The scenes in the Oval Office today will shame the US for decades. They’ll never be forgotten. A world leader, fighting for his country against the 21st century’s Nazis, came to the US and was attacked & abused by a gangster regime siding with the fascist invaders. A historic disgrace.

Seems like central banks have completely lost control of the only thing they are supposed to control: the money supply.

(1/4) Excited to announce our new method that can estimate the predictive performance of _future_ genetic tests for common diseases (polygenic indexes, PGIs). We showcase the method by evaluating the impact of this fast-improving technology on critical illness insurance. SSRN: tinyurl.com/37rtbujx

It appears that the law of demand is not applicable to asset/speculative demand, because often as the price of an asset rises, so does the demand for the appreciating asset. This must in part explain the inherent instability of markets, Minskey-style?!

When central banks make use of interest rates as a gas and break pedal, the interest rate will never be exactly right for the prevailing circumstances. Artificially set interest rates will therefore cause misinvestent. The deeper the misinvestment, the more painful the next crisis will be.

In not too long, counterparty risk will be a serious consideration and transaction cost that most ordinary people typically do not experience when ordering a new car or kitchen.

Thought of this morning: as the interest in Bitcoin among financial institutions increases, it is not unthinkable that Bitcoin will end up on the balance sheet of central banks during future quantitative easing efforts.