Ryan Research

research on economics, technology, and history by @_peterryan

[Peter Ryan @_PeterRyan]

1/ ESSAY:

Beware Tech Bros Bearing Grifts: Collisons, Progress Ireland, and Silicon Valley-style Neoliberalism

Old school political tennis between Fine Gael and Fianna Fáil is out of date. Ireland needs a new vision but tech bros offer Silicon Valley-style Neoliberalism.

[Peter Ryan @_PeterRyan]

Newsletter: Europe vs. America

How to compare GDP, living standards, and industrial sectors? Who wins?

Also, China's software sector, AI bubble signs, Irish policy concerns, new FED data, US econ history, Irish ancient history, and more.

https://t.co/qYIfknL93m

[Peter Ryan @_PeterRyan]

1/ The European Union grew faster than the United States of America, in GDP per hour relative to their starting point in 2000. The European Union grew 55 percent while America grew only 41 percent. Each grew at par in the early 2000s but, after the 2008 Global Financial Crisis, the European Union diverged upward and America never caught back up.

[Peter Ryan @_PeterRyan]

Debut newsletter: academic papers on shareholder composition across the world, pension funds as the secret behind US venture capital, AI job gain mirage study, new stablecoin liquidity rules, and more.

https://t.co/h3QdJ32uz0

[Peter Ryan @_PeterRyan]

ESSAY:

Economics of Soccer: Why Can't the US Win the World Cup? Bad Soccer is Good Business

To understand differences in soccer outcomes, you need to understand differences in soccer economics.

If you want to know why a sports powerhouse US is mid at soccer, read my essay.

[Peter Ryan @_PeterRyan]

1/ ESSAY:

Ireland's Tech Fork in the Road:
Economic Structures Shape Political Interests

Ireland stands at a tech fork in the road: double down on its reliance on American tech giants, or begin the difficult shift towards European tech sovereignty.

[Peter Ryan @_PeterRyan]

ESSAY:

I wrote about nations, kingdoms, and civilizations throughout history to compare and contrast political centralization and decentralization we see between Europe and China today.

(link below)

[Peter Ryan @_PeterRyan]

ESSAY:

I critiqued Piketty’s recent Global Justice Report for being pro-deindustrialization leveraging Reinert’s pov.

Piketty’s nice intentions could result in a reification of the same core-periphery dynamic which is the crux of global inequality.

[Peter Ryan @_PeterRyan]

ESSAY:

The Irish Revolution Was Not Marxist

A debate arose on what economic ideology the Irish revolutionaries held. In response, I've catalogued primary sources during the years of the Irish Revolution which articulate a sufficient summary of their beliefs in their own words.

[Peter Ryan @_PeterRyan]

What is the new "Hollywood / Platform model" of venture capital and why could it be bad for business?

"It all supports the idea that scale in venture capital is good because the bigger you are then the more attention you get and the bigger your brand etc. It's all pushing back on the idea that, if you look back on the historical data of venture capital, big is bad actually. Big funds mean worse returns...But they are desperate to challenge this idea because it challenges the entire thesis of scaled venture platforms. So they invent this stuff of platform teams and media arms to justify that scale has an advantage when the honest take on it is that it's a disadvantage." - @credistick

[Peter Ryan @_PeterRyan]

What is the difference between a16z vs. Union Square Ventures?

"The question you really have to ask is: which firm is doing more good for the world? I would say the case is pretty clear that it's Union Square Ventures.

Andreessen Horowitz manages so much money and has so many partners that they end up investing in stuff that, honestly, I think is so dumb that surely most of them can't know they even invested in this stuff because someone would say we shouldn't be doing this. Crypto casinos, weird degenerate NFT play-to-earn games...All this kind of stuff where the economics don't even make sense.

At some point, you are managing too much money to make good decisions with it."

- @credistick

[Peter Ryan @_PeterRyan]

"Would you describe the current state of venture capital as in a crisis?"

"Yes...if you look at how capital flows through all of this towards the exit. Then you have a bunch of managers with very large funds who are basically looking for places to allocate that money who can absorb it. All they really need is investments that will be marked up enough that they can raise the next fund and hopefully a larger fund. So they are looking for short term growth and that is fundamentally at odds with what venture capital should be which is patient money for long horizon ambitious ideas that may take 10 to 15 years to work out in some cases.

So then you have the problem of a ton of investors managing a ton of money investing in companies that can grow very well but maybe aren't producing the value that they need to to be attractive acquisition targets or IPO candidates so they can't exit."

- @credistick @JoinOdin

[Peter Ryan @_PeterRyan]

PODCAST:

I'm joined by @credistick of @JoinOdin to discuss venture capital and ask the question: is it in crisis?

We discuss VC history, how it works, good vs. bad models, IPOs, VC econ, govt's role, and the EU vs. US startup debate.

(link below)

[Peter Ryan @_PeterRyan]

ESSAY: The Man Who Created Ireland's Celtic Tiger

Economist Erik S. Reinert's role in catalyzing Ireland's Celtic Tiger in the 1980s as the thinker behind the Telesis Report.

https://t.co/BQHXm0hQcR

[Peter Ryan @_PeterRyan]

ESSAY: Irish Solidarity with Cuba, Dominican Republic, and Haiti Against Wall Street Imperialism

Early 20th century nexus of financial anti-imperialism from pov of Irish revolutionaries sympathizing with "dangers of American finance" in island nations.

https://t.co/5zjEbZV5Q0

[Peter Ryan @_PeterRyan]

I released an excerpt of my “Money by Vile Means” ebook to layout the definitive yet untold history of the Bitcoin Scaling War. you can’t know Bitcoin, if you don’t know this history. Once, you understand this, everything falls into place. Ultimately, it shows why Bitcoin and its libertarian / decentralized philosophy is wrong.

[Peter Ryan @_PeterRyan]

ESSAY:

A History of the Bitcoin Scaling War (2014-2019)

It demonstrated the failure of Bitcoin theory to reflect Bitcoin reality. The only way to understand Bitcoin is to understand the Scaling War.

https://t.co/xrkTPdPHfi

[Peter Ryan @_PeterRyan]

ESSAY:

Arthur Griffith's Economics: The Economic Doctrine of the Original Sinn Féin and the Revolutionary Irish Republic

https://t.co/48OVPJLrNF

[Peter Ryan @_PeterRyan]

1/ ESSAY:

From Wall Street to Weird Street: A History of Venture Capital

America was seen as the beacon of free market capitalism, but in recent years it has become a dumpster fire of venture capitalism.

How did that happen? Or more so, when did it go wrong?

[Peter Ryan @_PeterRyan]

NEW PODCAST:

@1DimeOfficial joined me to chat about our shared desire to critique contradictions and insufficiencies of the left-right dichotomy in pursuit of substance.

We cover economics, history, politics, and philosophy for a very deep conversation.

Link below: