These Are the Goods

Articles

The financial services sector comprises 20-25% of the world economy, and crypto is still very early in stealing away share. (By Packy McCormick)

82% of U.S. consumer spending came from people who earn less than $200,000 a year. (By Matthew Klein)

A Veblen good is a good for which demand increases as the price increases, because of its exclusive nature and appeal as a status symbol. (By Josh Brown)

Price drives narrative and narrative drives price, so crazy things can last a long time. (By Morgan Housel)

Which incentive is more powerful – The Carrot or The Stick? (By Blair duQuesnay)

The returns over the past few years are high but not record breaking (By Nick Maggiulli)

I’ve changed my mind a few times about my housing strategy. (By Ben Carlson)

Podcasts

You can’t kill an open-source community (With Kevin Rose and Anatoly Yakovenko)

Apples take longer to ripen than lemons. (With Ben Gilbert and David Rosenthal)

Can you stay alive long enough to become lucky? (With Ben Gilbert and David Rosenthal)

Books

I believe DeFi will be the primary financial system of the world (By Cam Harvey, Ashwin Ramachandran, and Joey Santoro)