More in Global Economy


4 months

Did Antitrust Really Used to Be So Tough?

There’s a current argument that the antitrust enforcers at the US Department of Justice and the Federal Trade Commission used to be really tough on big business, at least from the 1940s into maybe the 1970s.

4 months

Why is the UK's Productivity So Low?

Lack of leadership, weak management & business investment, supply chain issues, and too few commercial patents are the main factors behind the UK's weak productivity record.

4 months

Interview with Emi Nakamura: All Things Macro

Noah Smith serves as interlocutor in an insightful interview with Emi Nakamura (“Interview: Emi Nakamura, macroeconomist,” Noahpinion, February 21, 2022).

4 months

The Docility and Groupthink of Academics

Irina Dumitrescu, a professor of English and medieval studies at the University of Bonn, offers some thoughts about the incentives for academics not to rock the boat in “The Frenzied Folly of Professorial Groupthink” (Chronicle of Higher Education, February 16, 2022).

4 months

What is “The Sort of Person Who Has a Position at the University”?

This one-paragraph 1997 short story by Lydia Davis, “A Position at the University,” captures, at least for me, some of the ambivalence involved in identifying myself as an academic–that is, about being “the sort of person who has a position at the university.”

5 months

The Inaccuracy of Inflation Expectations

The question of whether a burst of inflation turn into permanent inflation should depend, at least in part, on expectations about inflation.

5 months

India’s Economy: The Satellite Photo Tour

Last week, I mentioned the Economic Survey 2021-22 published by India’s Ministry of Finance.

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