Supply chain disruptions threaten the flow of computer chips, which power AI models.
Economic Policy
Posted inBooks
Vertical Vertigo
Brian Callaci’s book describes the deregulatory strategies franchisors use to protect their profits.
Posted inAmerica and the World
The War Is Bad. The Cease-Fire Doesn’t Exist. The Future Is Awful.
Iran taking operational control of the Strait of Hormuz has enormous ripple effects.
Posted inEconomic Policy
Live Tax-Free and Die
After mining out state budgets for 50 years, conservative lawmakers across the country are now turning their pickaxes to local governments’ largest source of revenue: property taxes.
Posted inEconomic Policy
A Retrospective on Bidenomics
Joe Biden listened to the left on full employment. But the lasting effects were wanting, and the politics were brutal.
Posted inMoney, Politics, and Power
The Private Credit Cartels
Wall Street wants you to believe AI is to blame for the incipient credit crisis. But the crappy software loans spooking investors are the products of old-economy greed and brazen collusion.
Posted inBooks
Capital Ideas
Two books on the history of capitalism provide lessons for how to tame it.
Posted inEconomic Policy
The Opening of Trump’s Box
Iran has put a tollgate across the Strait of Hormuz. This fundamentally changes the global economy.
Posted inPolitics
Dispatches From Trump’s War on Information
Inside the administration’s mishandling of economic data and erosion of trust in federal statistics
Posted inEconomic Policy
Private Equity’s Great Escape
The industry bought companies for too much money and made a bunch of bad loans. Now they’re scrambling to avoid the reckoning.
