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Jan 25, 2023
European criticism of the Inflation Reduction Act's narrow definition of friend-shoring isn't a surprise. But it is strange that most of Europe now believes the IRA is a massive threat to European industry, while even more discriminatory Chinese po
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Brad Setser
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Jul 13, 2022
Andrew Bailey gave an interesting speech www.bankofengland.co.uk/speech/2022/july/andrew-bailey-speech-at-omfif-the-economic-landscape, imo raising an important question: besides traditional focus on labor market and inflation, shall central banks ta
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Luca Fornaro
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Mar 16, 2022
1/14 Good piece by @TomFStevenson on one of the reasons why, for all the damage it does to the US economy, Washington is unlikely to want to constrain the global use of the US dollar. www.lrb.co.uk/the-paper/v44/n06/tom-stevenson/first-recourse-for-r
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Michael Pettis
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May 9, 2023
4 charts that imply that the US economic slowdown is easing. 1. Senior loan officers survey: degradation has slowed, which points to carry trades in credit & higher bond yields. Eco picture is adjusting to stable long rates. High rates may not matt
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Count Draghula
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May 5, 2023
1/3 Noah Smith discusses the seeming bipartisan return in the US to a consensus on the value of industrial policy, along with its trade corollary, noting that treating trade policy as separate from industrial policy makes little sense. @Noahpinion o
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Michael Pettis
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Apr 30, 2023
In today's #vatniksoup, I'll introduce an American economist and academic and political commentator, Jeffrey Sachs (@JeffreyASachs). He's best-known for his deep hate for the "US hegemony", and for his love for the totalitarian regimes in Russia, Chi
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Pekka Kallioniemi
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Apr 28, 2023
Biden Administration's Industrial Policy
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Jake Sullivan
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Apr 26, 2023
The socialist calculation problem isn’t about not having enough computing power, it’s about it not being possible to aggregate all of the relevant information to estimate correct prices and quantities because that relevant information mostly sits in
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John Brown stan account 🐒
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Mar 24, 2023
My Students Are Giving Each Other Furtive Looks. The State Needs to Step In my latest for NYTOpinion -- The death of civilization has many facets. In his great 1836 painting "Destruction," the artist Thomas Cole depicted liberal college students pr
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Ted McCormick
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Mar 19, 2023
In Switzerland, the 'rule of bank' trumps the 'rule of law’. The government agreed to change the law to fast-track UBS’s acquisition of Credit Suisse and bypass shareholder consent. Shareholders will be wiped out. Were the Swiss banks ever trul
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Ram Ahluwalia, crypto CFA
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Mar 16, 2023
I'm at @CWM_en's Taiwan semiconductor event featuring "Chip War" author @crmiller1 & TSMC founder Morris Chang, with opening speech by Taiwan VP (and potential future president) @ChingteLai. Will try and capture some of what passes here! twitter.com/
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Staś Butler | 貝德旭
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Mar 13, 2023
🧵 1/ People wonder why clothing changed so much between the early 20th century and now...Or why people would ever dress "So formally" What people don't realize is how much lifestyles have changed in that time twitter.com/FromKulak/status/16353192876
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CatGirl Kulak 😻😿 (Anarchonomicon)
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