The hottest Economic Growth Substack posts right now

And their main takeaways
Category
Top World Politics Topics

Top Links 372 China's New Year spending, the history of the growth paradigm, outlaw electric trikes and the Autobiography of Red

Chartbook • 400 implied HN points • 18 Feb 24
🌍 World Politics China Economic Growth
  1. China's Lunar New Year holiday saw increased travel and spending, surpassing pre-pandemic levels despite economic growth concerns.
  2. The post focuses on topics like the history of the growth paradigm, outlawing electric trikes, and the Autobiography of Red.
  3. The information shared in the post is intended for paid subscribers only.

Foreign Affairs Runs Precis of My Book

Japan Economy Watch • 139 implied HN points • 31 Jan 24
🌍 World Politics Global Economy Japan Entrepreneurship Economic Growth Globalization
  1. Japan's economic slump is not irreversible, and there is potential for recovery with shifts in attitudes, technology, and globalization.
  2. Despite Japan's structural flaws, South Korea's economic success shows that fixing the Japanese economy is achievable.
  3. The article in Foreign Affairs discusses the potential for Japan to revive entrepreneurial spirit for economic growth.

Incredible India

Diane Francis • 479 implied HN points • 19 Jan 23
🌍 World Politics International relations Economic Growth Geopolitics Social Issues
  1. India has recently surpassed China as the most populous nation and is experiencing rapid economic growth. It's now the fifth-largest economy, moving towards becoming the third-largest by 2030.
  2. The government has introduced biometric ID cards for citizens, which help people access many services efficiently. This has reduced corruption in aid transfers, benefiting the poorest citizens.
  3. India's geopolitical influence is growing, as it balances relationships with many global powers. With its economic strength and involvement in groups like the G20, India is becoming an important player on the world stage.

BRIEFLY NOTED: For 2024-03-09 Sa

Brad DeLong's Grasping Reality • 169 implied HN points • 10 Mar 24
🌍 World Politics Brexit Economic Growth Media Government Policy Fiscal policy
  1. Brexit has resulted in significant economic damage for the UK, with 4% reduction in potential productivity alone
  2. UK's economic performance has been dire, requiring investments in infrastructure, people, and systems to recover
  3. Challenges with media integrity are highlighted, showcasing the importance of unbiased reporting and journalism ethics
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How prosperous is Greece?

The Greek Analyst • 219 implied HN points • 29 Apr 23
🌍 World Politics Economic Growth
  1. The Legatum Prosperity Index measures prosperity across wealth, education, health, well-being, and quality of life, providing valuable insights into a country's prosperity levels.
  2. Greece's prosperity levels have been continuously improving in the past 5 years, reaching an all-time high in 2023 and currently ranking 40th globally.
  3. Across all 12 prosperity pillars, Greece has shown improvement, moving up from all-time lows and improving its rankings in 9 out of 12 pillars between 2019 and 2023.

Why Are Mortgage Rates Rising?

Spilled Coffee • 24 implied HN points • 23 Oct 24
💰 Finance Mortgage Rates Interest Rates Economic Growth Affordability Housing Market
  1. Mortgage rates are influenced by the 10-Year Treasury Yield, which reacts to the economy's growth and inflation expectations. Even though the Fed cut interest rates, mortgage rates have actually gone up because of the rising Treasury Yield.
  2. Currently, the 30-Year Fixed Mortgage rate is at 7.26%, the highest since July, showing a steady rise despite expectations for a decrease. This rise has persisted for four consecutive weeks.
  3. High mortgage rates and low affordability are causing home sales to decline significantly, with September recording the lowest closed sales of existing homes since 2012. Mortgage applications also dropped sharply, indicating a cooling housing market.

How a culture fail ruined Boeing

Make Work Better • 114 implied HN points • 14 Mar 24
💼 Business Leadership Employment Corporate culture Productivity Economic Growth
  1. Boeing failed multiple safety tests, leading to accidents and loss of lives, due to a shift towards prioritizing stock price over quality
  2. A strong corporate culture requires aligning stated values with actual behaviors, empowering employees to make decisions based on those values
  3. Businesses that lose sight of their purpose and focus solely on chasing money risk facing significant organizational failures

Paul Schmelzing Is Coming to Berkeley to Talk About Interest Rates since 1310!

Brad DeLong's Grasping Reality • 130 implied HN points • 11 Feb 24
💰 Finance Interest Rates Economic Growth Financial Markets
  1. The graph shows a decline in global real interest rates over 800 years, challenging the idea of 'secular stagnation'.
  2. Interest rates' evolution over history raises questions about the relationship between the rate of profit, societal changes, and financial market dynamics.
  3. Factors like technological progress, income growth, and human behaviors impact the slope of the real intertemporal price system, affecting interest rates.

When Technology Goes Bad

New Things Under the Sun • 320 implied HN points • 16 May 23
🔬 Science Technology Economic Growth Climate change Renewable Energy
  1. Historically, technology has skewed towards 'good' due to various reasons like benefitting from invention, collaborative research, and technological capabilities for safety.
  2. Economic growth models explore the trade-off between innovation and safety, showing that as humans get richer, they may prioritize safety over growth.
  3. Investing in safety technologies alongside economic growth can mitigate risks posed by dangerous technology like fossil fuels, pointing towards a more sustainable future.

Degrowth Movement Would Abort Renewables Revolution

Japan Economy Watch • 259 implied HN points • 28 Sep 22
🌞 Climate & Environment Renewable Energy Economic Growth Carbon Emissions
  1. Renewable energy provides a big opportunity due to its cost advantage over traditional fuels, allowing poorer countries to leapfrog over coal and oil.
  2. As countries get richer, they emit less CO2, as seen in the correlation between GDP increase and carbon emissions decrease.
  3. Technological progress, driven by growth, leads to declining emissions per GDP, per person, and eventually in total, with services being less carbon-intensive than manufacturing.

Why Can't We Run the Economy Better?

Inland Nobody • 80 implied HN points • 10 Mar 24
💰 Finance Economics Economic Growth Predictions Global impact
  1. Economics is a challenging field due to the numerous variables involved in predicting and understanding economic outcomes.
  2. The history of economic growth shows that sustained worldwide economic growth is a relatively recent development, starting around 1820.
  3. Predicting economic trends is complex, similar to predicting the weather, due to the vast number of interconnected variables that can influence economic behavior.

1/29/2024: Evergrande is Ordered to Liquidate

depression2022 • 39 implied HN points • 29 Jan 24
💰 Finance Real Estate Investments Market Trends Economic Growth Financial impact
  1. A Hong Kong court orders China's Evergrande Group to liquidate, impacting creditors and homebuyers.
  2. Evergrande's $300 billion debts are massive, rivaling Hong Kong's GDP.
  3. The Chinese property market is distressed with major developers facing default, potentially affecting capital market accessibility for Chinese firms in the future.

The New Geography of American Growth

Apricitas Economics • 66 implied HN points • 04 Jan 24
💰 Finance Economic Growth Remote work Urbanization Job Market
  1. Economic growth in the US post-pandemic has shifted towards states like Florida, Texas, and the American South and Mountain West.
  2. Remote work has driven population influxes to states like Idaho and Arizona, resulting in significant economic booms.
  3. Florida and Texas have seen impressive job growth and have become major contributors to overall US GDP and job gains.

#14: Why Europe Fails to Create Wealth

Loeber on Substack • 70 HN points • 11 Dec 23
💼 Business Regulation Innovation Production Globalization Economic Growth
  1. The AI Act in Europe is criticized for being ineffective and potentially harmful with its regulations at the application-level.
  2. Europe is identified as having a 'providerism' mindset, focused more on consumption than production.
  3. Europe needs to shift towards innovation, deregulation, and encouraging a production mindset to avoid falling behind economically.

March 2024 Fed Meeting Preview

Erdmann Housing Tracker • 42 implied HN points • 19 Mar 24
💰 Finance Monetary Policy Interest Rates Economic Growth Inflation Housing Market
  1. Consider using NGDP growth to communicate monetary policy instead of targeting inflation with short term interest rates.
  2. The yield curve's dynamics indicate recessionary signals and potential rate cuts by the Fed.
  3. Economic growth predictions for 2024 suggest low inflation, steady GDP growth, and a possible decrease in target rates by the Fed.

$1 Trillion Per 100 Days: Is This the Year the Debt Bubble Explodes?

QTR’s Fringe Finance • 24 implied HN points • 11 Mar 24
💰 Finance Debt Government spending Federal Reserve Economic Growth National Debt
  1. The national debt is growing at an alarming rate, projected to reach $54 trillion within 10 years, with interest payments set to exceed defense spending.
  2. The Federal Reserve's monetary policy is criticized for contributing to unsustainable debt, with 2020 alone seeing over $3 trillion in printing.
  3. Government spending continues to mask weaknesses in the US economy, with debt growth outpacing GDP growth for multiple quarters, driven by reckless deficit spending.

CEA-Leti, Imec launch chip pilot lines

Semiecosystem • 2 HN points • 29 Jun 24
🕹 Technology Semiconductors European Union Research & Development Economic Growth
  1. European Union boosts semiconductor industry with new chip pilot lines led by CEA-Leti and Imec to drive R&D and explore advanced technologies.
  2. European Chips Act aims to strengthen EU's semiconductor ecosystem with a $47 billion program and increase Europe's share of semiconductors from 8% in 2021 to 20% by 2030.
  3. Initiatives like these are crucial due to the global importance of semiconductors in various products, the geopolitical vulnerabilities in current chip production regions, and past disruptions like the Covid-19 pandemic.

Clouded Judgement 1.10.25 - Rising Rates

Clouded Judgement • 4 implied HN points • 10 Jan 25
💰 Finance Economic Growth Interest Rates Inflation Investment Trends Market Analysis
  1. The 10-year Treasury yield is rising even as the Fed cuts rates. This is mainly due to people's expectations of ongoing inflation.
  2. Strong economic growth is encouraging investors to seek riskier assets, which pushes bond yields higher. With low unemployment and good consumer sentiment, the economy looks solid.
  3. Tariffs on imports are increasing costs for businesses, which leads to higher prices for consumers. This adds to inflation worries and drives investors to demand higher bond yields.

How long? How variable?

Klement on Investing • 2 implied HN points • 07 Nov 24
💰 Finance Monetary Policy Inflation Economic Growth Interest Rates Consumer spending
  1. The effects of interest rate hikes from the Fed can take a long time to show in the economy, often around 40 months. This means changes don’t happen immediately after decisions are made.
  2. Different types of goods react to rate hikes differently. For example, inflation for durable goods can keep rising right after a hike, while nondurable goods start to decrease right away.
  3. Today’s economy is more service-oriented than it was decades ago, making it harder to control inflation. This shift means that the impact of monetary policy is felt later and inflation management becomes more complex.

What Will AI Do For Us In The Near Term?

Am I Stronger Yet? • 31 implied HN points • 17 Jun 23
🕹 Technology AI Science Regulation Economic Growth Labor Market
  1. AI has near-term potential to advance science, especially in complex domains like biology and material science
  2. AI can eliminate scarcity of access to expertise by providing instant and competent support in areas like customer service, healthcare, and education
  3. AI is increasing white-collar productivity through automation of tasks like writing code, emails, and generating illustrations, though challenges exist in the physical-world job market

The card payments you use every day are stunting economic growth - it's time for an upgrade

Building The Future of Payments by Mike Kelly • 1 HN point • 21 Jun 24
💰 Finance Payments Fees Fraud Economic Growth
  1. Card payments are outdated and inefficient, hindering economic growth by increasing costs, slowing transactions, and exposing to fraud.
  2. Card transaction fees act as a hidden sales tax, increasing prices for everyone and placing burdens on local businesses.
  3. Moving beyond traditional card systems to modern payment methods can lead to improved user experiences, reduced fees, and increased economic growth.

Indian IT blooms as the recession looms

Sector 6 | The Newsletter of AIM • 19 implied HN points • 20 Jun 22
💼 Business Market Trends Economic Growth Global Economy
  1. The Indian IT sector is facing uncertainty due to talks of a recession in the US. But instead of panicking, they're looking at ways to adapt.
  2. Some believe that Indian IT companies might actually do well during a recession. They think these companies can not just survive but even grow in tough times.
  3. This situation encourages Indian IT firms to innovate and strengthen their strategies, which might help them thrive despite economic challenges.

January 2019 Data Update 2: The Message from Bond Markets!

Musings on Markets • 19 implied HN points • 07 Jan 19
💰 Finance Bond Markets Interest Rates Economic Growth Investment Risk Market Trends
  1. Bond markets give hints about future economic growth and inflation. It's important to watch these markets to understand the economy better.
  2. In 2018, the bond yield curve flattened, meaning short-term rates increased. This change often gets people worried about potential recessions.
  3. Both bond and stock markets reacted similarly in 2018, with investors feeling more cautious and demanding higher prices for taking risks.

The Debt Crisis

America in Crisis • 0 implied HN points • 15 Jun 23
💰 Finance Debt crisis Inflation Economic Growth Tax policy
  1. The debt crisis in the West is seen as a necessary and inevitable event that will lead to major global restructuring.
  2. The rise of speculative and Ponzi finance units in the economy increases the likelihood of a financial crisis, as seen in historical examples like the 2008 Great Recession.
  3. To move towards a more stable economic future, a shift towards stakeholder capitalism culture, high taxes on the wealthy, and internal financing mechanisms like QE may be necessary.

Interest Rates, Earning Growth and Equity Value: Investment Implications

Musings on Markets • 0 implied HN points • 25 Mar 21
💰 Finance Investment Interest Rates Stocks Economic Growth Market Trends
  1. Interest rates have risen significantly, which affects how investors view stocks. Higher rates can lead to lower stock values, but it depends on whether the rise is due to economic growth or inflation.
  2. Different types of companies react differently to interest rate changes. Young growth companies, which rely more on future earnings, can be hurt more than mature companies during times of rising rates.
  3. The performance of the stock market has been uneven, with some sectors thriving while others struggle. The ongoing shifts highlight the complex relationship between interest rates, economic growth, and stock performance.

An Introduction to Leading Sectors

America in Crisis • 0 implied HN points • 15 May 23
💼 Business Economic Growth Market Dynamics Industry Analysis
  1. Strong economic growth requires both optimal policy and ample opportunities for growth in leading sectors.
  2. Innovation cycles in the economy follow phases like growth, maturity, and shakeout, impacting industries such as broadcasting and auto manufacturing.
  3. Leading sectors of the economy play a crucial role in the rise of hegemonic powers, with innovation waves shaping economic dominance over time.

Myth 5.3: Growth is good, more growth is better!

Musings on Markets • 0 implied HN points • 30 Nov 16
💰 Finance Valuation Investing Corporate Finance Economic Growth Financial Analysis
  1. Growth isn't always good. It often comes with costs and needs to be carefully managed.
  2. The value of a company is more about how efficiently it can grow, not just how much it grows.
  3. When estimating future value, it's important to consider reinvestment and returns on investment, as they affect both cash flow and growth potential.

Tax Reform, 2017: Promise of Plenty or Poisoned Chalice?

Musings on Markets • 0 implied HN points • 06 Oct 17
🇺🇸 U.S. Politics Tax policy Economic Growth Political Debate Fiscal Responsibility
  1. Tax reform often promises to make the system fairer and simpler, but it usually ends up being more complex and less fair.
  2. Changes in tax laws can impact a company's cash flows, cost of capital, and growth potential in different ways depending on their financial structure.
  3. Not all companies benefit equally from tax reforms; those with high effective tax rates and low debt tend to gain, while companies with low tax rates and high debt may struggle.