Wednesday, May 4, 2022

Mostly Economics

Mostly Economics

Blockchain economics and a new blockchain trilemma

Posted: 04 May 2022 03:04 AM PDT

Joseph Abadi and Markus Brunnermeier in this Philadelphia WP discuss blockchain economics and introduce a new trinity: We develop an economic theory to study the design of blockchain record-keeping protocols. Our main result characterizes the fundamental tradeoffs that arise when record-keepers must be provided with incentives to behave honestly. The fundamental problem in digital record-keeping […]

The Custodian of Trust: A Banker’s Memoir

Posted: 04 May 2022 12:14 AM PDT

I just finished reading former SBI Chairman Rajnish Kumar’s memoir –  The Custodian of Trust: A Banker’s Memoir. The memoir has been in the reading queue ever since its launch in Oct-2021. I only got to read it now. The memoir reads like a breeze almost like a novel. The memoir’s format is also different. […]

Insolvent Sri Lanka should consider swapping its central bank with a currency board

Posted: 03 May 2022 11:08 PM PDT

Andy Mukherjee in this interesting article: What was good for Sri Lanka under British colonial rule 75 years ago may be worth a try again. Or at least that's what Mark Mobius, the former emerging markets guru at Franklin Templeton Investments, seems to be suggesting. To regain the confidence of investors, the bankrupt Indian Ocean […]

Godrej group portrays its business history via Amar Chitra Katha

Posted: 03 May 2022 09:44 PM PDT

Surajeet Das Gupta in Business Standard reports that Godrj group has published its history via Amar Chitra Katha. The idea is to reach out to the youth who may not be connecting with the brand anymore. Amar Chitra Katha has done histories  on Tatas and GD Birla too.
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