Business

Political Economy, Industrial Policy, Strategy & Macro Analysis

In This Issue

Ranked: The World’s Fastest-Growing Economies in 2026 — Visual Capitalist
Which economies will grow fastest in 2026? Explore IMF GDP forecasts, from Guyana's oil boom to rapid growth across Africa and Asia.
Podcast with Rabbi David Wolpe — Marginal Revolution
Will bystander economies be able to finance their governments? — Marginal Revolution
Ranked: The Top Currencies Used in Global Payments — Visual Capitalist
The U.S. dollar dominates SWIFT payments with a 52% share. See how the euro, pound, yuan, and other currencies compare globally.
How Long Do Wealth Shocks Persist? Less Than Three Generations in England, 1700–2026 — Marginal Revolution
The U.S. Industries Gaining and Losing the Most Jobs — Visual Capitalist
The U.S. shed over 200,000 government jobs in just a year. In the same period, the country added over 370,000 healthcare jobs.
The Brazilian Pendulum — Phenomenal World
Lula’s former Press Secretary André Singer on the pendulum swing of Brazilian elites between authoritarianism and democracy.
Mapped: Are Americans Getting Richer Since 2000? — Visual Capitalist
Americans are getting richer, but not everywhere. See how incomes have changed in all 50 states since 2000, adjusted for inflation.
Ranked: Countries With the Most Debt to China — Visual Capitalist
China has loaned out billions to developing countries worldwide. Some countries are struggling to pay on time.
France and the limits of liberalism — Noahpinion
Immigration, the welfare state, and Keynesian economics are all showing signs of strain.
Do mass shootings in universities lead to permanent effects? — Marginal Revolution
More on Elizabeth Holmes and prison — Marginal Revolution
Mapped: The Cost of Raising a Child in Every U.S. State — Visual Capitalist
Explore the cost of raising a child by state, from over $412,000 in Hawaii to about $202,000 in New Hampshire.
How Hard Is It to Get Into Each Ivy League School? — Visual Capitalist
Explore Ivy League acceptance rates, SAT scores, and average annual costs. See which schools are hardest to get into and how they compare.
Ranked: The World’s Largest Economies in 2026 — Visual Capitalist
The world's largest economy has long been the United States. Unless, of course, if adjusting for purchasing power.
“You Can See Everything” and the nature of liars — Noahpinion
A movie review, plus some thoughts on dishonesty, belief, and human communication.
Can a Million AI Agents Create Superintelligence? — Noahpinion
Ramez Naam gives a skeptic’s take on agent swarms.
Why are we ruled by barbarians? — Noahpinion
America’s New Right believes that savagery is the key to victory.
AI vs. the railroads — Noahpinion
A Nobel for New Keynesian macro, at last! — Noahpinion
Why Donald Trump won in 2024 — Noahpinion
Re-upping my election post-mortem, so that we don’t forget.
Elon Musk Just Threatened the Coming Democratic Majority — BIG by Matt Stoller
Perhaps Dems’ best response to Musk’s “live by the sword, die by the sword,” should draw on another scripture: The government gave, and the government can take away.
Monopoly Round-Up: Goodbye AI Bubble, Hello Real Economy — BIG by Matt Stoller
More AI cockroaches are getting flattened, and an important index shows the broader market is starting to shift away from AI. This is not a panic, but time to plan accordingly.
How the Fed Is Quietly Inflating the AI Bubble While Hiking Your Electric Bill — BIG by Matt Stoller
When the Fed raises the price of money, it hikes electric bills, property taxes, mortgage and auto costs, and the price of working capital. It’s time to drop our illusions about the central bank.
How Expedia Rigs Travel Markets and Raises Your Hotel Prices — BIG by Matt Stoller
A new lawsuit against online booking service Expedia alleges the popular travel agent is hiking hotel prices by as much as 30%. It’s one of many layers of a rigged market.
Monopoly Round-Up: AI Cockroaches Scurry Out from Under Nvidia, the Most Valuable Company in the World — BIG by Matt Stoller
A failed initial public offering from an Nvidia-backed “neocloud” called Firmus, run by a man with a criminal record, suggests the AI bubble is getting ready to burst.
How Trump Enforcers are Sabotaging Efforts to Bring Down Drug Prices — BIG by Matt Stoller
Everyone hates pharmacy benefit managers, or PBMs, the middlemen raising drug prices. So why did Trump FTC Chair Andrew Ferguson issue them a corporate pardon?
Big Tech’s thirst for water is sparking a global resistance — Rest of World
In his new book “Hyperscale: The Ambition and Excess of Big Tech’s Data Empires,” writer Paris Marx examines how local communities are resisting the growing demand for water to cool data centers.
Six Gutenberg Revolutions in a Row — Asterisk Magazine
Will developing nations be able to handle millions of AI agents? — Rest of World
It may be some time before AI agents can fully navigate the complexities and cultural nuances of developing nations.

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