Sunday, July 30, 2023

Wrap Up for July 2023

Peter Turchin discusses his new book End Times.

Should emerging economies follow the new "turning inward" consensus that includes national industry subsidies?

Even if moderation seems like common sense, sometimes it's perceived as a weak virtue.

The 2020s as the new 1970s?

Matthew Klein reflects on his first two years publishing The Overshoot.

The story of titanium is a surprising one.

Janet Yellen's China trip was one of "managed tension". Plus, China appears to be at the height of its powers.

Storytelling can help people understand the role of central banks.

Visualizing the roads of the world.

The auto industry was born from three different maintenance philosophies.

Scott Sumner considers some aspects of recession risk.

Will services exports become a more substantial part of economic development?

Remembering when it was possible to order kits for home building by mail.

State and local tax exemptions for non profit hospitals, are increasingly being questioned. 

After 10 years, the belt and road initiative has reached the debt bailout stage.

What lies on the other side of our unsettled times?

Noah Smith grades "economic schools of thought".

Many banks are no longer willing to take on small mortgages.

The federal deficit almost tripled in the first nine months of the fiscal year.  And interest costs on government debt are quickly rising.

The path to mass flourishing particularly depends on (greatly) reduced consumer costs.

When it comes to industrial policy, much more is at stake than "good jobs".

NIMBYs continue their opposition to more accessible housing.

Sectoral imbalances lead to losses in total factor productivity. Plus, some clarification.

How does the work of Joseph Tainter hold relevance for the present?

Was there a "constrained efficient inflation"? Marcus Nunes responds

Confidence in the value of higher education, continues to decline.

A new healthcare journal looks at some of healthcare's most pressing challenges.

Veterinarians face some of the same supply side problems as physicians.

"Will interest rates eventually revert back to pre-pandemic norms?"

Timothy Taylor highlights a life spent in productivity research

What if marginal costs and calculations aren't really relevant anymore?

It's hard to fathom how Germany has deindustrialized in recent years.

Skills polarization has come to China. Yet neither China or the West has begun to address it.

Rural people in the U.S. have struggled to maintain healthcare access.

Some notes from an interview with Robert Solow.

A great essay about "great work".

I'd never thought about increased levels of physical pain during the Great Recession, but it makes sense.

Labour shortages will ultimately change the nature of rural farming.

Visualizing global livestock densities.