One of my (very…) rudimentary mental models after having read The Elephant in the Brain: Hidden Motives in Everyday Life by Kevin Simler and Robin Hanson some time ago and recently listening to the Complexity podcast with Steven Teles & Rajiv Sethi on Jailbreaking The Captured Economy (EPE 04).
Rudimentary idea – Behaviour
The BIS, Banks and crypto – the impact of capital requirements
The Bank for International Settlements (BIS) has yesterday published their “Second consultation on the prudential treatment of cryptoasset exposure”. There is a lot of nonsense written about the ideas and impact, e.g. here and here. The consultation is a very interesting read. But no, the BIS does not support banks in holding more crypto. Here… Continue reading
Cryptocurrencies: ban or regulate? Policymakers are missing the bigger picture.
Regulators and policymakers call for a ban on cryptocurrencies; This approach is too simplistic. An entire new ecosystem has evolved within a short time span; Regulators and policymakers should acknowledge and appreciate that this ecosystem has the potential to also offer value to industry participants, consumers and regulators; The current approach taken by regulators… Continue reading
Assorted links – The future of cryptocurrencies and digital currencies
Interesting and accessible reads about the future of cryptocurrencies and digital currencies.Continue reading
Assorted links – Artificial intelligence policy
Interesting and accessible reads about artificial intelligence policy:
Assorted links – Quantum mechanics for everyone
Interesting reads for the weekend/ Quantum computing and quantum supremacy beyond the hype.Continue reading
The puzzle of cross-border marketing of investment funds in the Netherlands
This article explaines the possibilities for cross-border marketing in the Netherlands by EU and non-EU management companies which qualify as AIFMs (AIFMs) under the AIFMD. I will limit myself to the outline of the possibilities and the specific additional rules imposed at a national level in the Netherlands and will therefore not discuss the specific… Continue reading