The hottest Economic Substack posts right now

An economic populist center exists in the American electorate waiting to be mobilized by either party.
Working-class Americans support populist economic ideas and mainstream cultural values.
A populist approach to government can work across party lines by focusing on pro-worker, kitchen table issues.

Ethiopia needs a reliable seaport and navy to secure its economic future and overcome the costs associated with being landlocked.
Access to a reliable seaport is crucial for Ethiopia's trade-driven output growth, industrialization, and agricultural exports.
Considering historical and geopolitical challenges, building a navy is essential for Ethiopia to protect its economic interests, secure seaport treaties, and deter aggression from rivals.

The Chinese government criticized US hegemony and its destructive impacts around the world.
China highlighted the US history of violence and expansion through military means, including hundreds of interventions and wars since independence.
The report also addressed the economic, technological, and cultural aspects of US hegemony, pointing out coercive tactics and manipulation in various fields.

Post-9/11 wars led by the US caused 4.5 million deaths and displaced 38-60 million people, impacting countries like Iraq, Afghanistan, Syria, Yemen, and Pakistan.
The report highlights the long-lasting consequences on children's health, with 7.6 million kids under 5 suffering from malnutrition, especially in countries like Afghanistan, Yemen, and Somalia.
Economic devastation and destruction of infrastructure have contributed to widespread poverty, food insecurity, and death, significantly impacting the lives of civilians in war zones.

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Birth rates are declining sharply across many countries since 2021.
East Asia, particularly China, is experiencing a severe drop in birth rates.
The fertility crisis is driven by a combination of cultural, economic, and possibly declining fertility factors.

An Australian property developer made controversial statements about the working class and employers.
Capitalism is based on exploitation and is inherent in economic relationships.
The need for change to the core of capitalism to alleviate exploitation and unethical practices.

John Law introduced paper currency and became a successful economic figure.
The popularity of Law's bank and his Mississippi Co. led to extreme demand and mania in the market.
The bubble created by Law's financial schemes eventually started to deflate, causing economic turmoil.

Companies are not adequately preparing for a potential war with China despite rising tensions.
A 'White Swan Event' describes a probable but impactful event that organizations fail to prepare for.
The implications of a Sino-American war are extensive, including financial losses, supply chain disruptions, and humanitarian crises.

More nuance is needed in US vs. Europe economic comparisons.
European firms show strength and success in various sectors.
European infrastructure, state capacity, and housing policies reflect areas of excellence compared to other regions.