The hottest Economic Policy Substack posts right now

And their main takeaways
Top World Politics Topics
Noahpinion • 4705 implied HN points • 18 Mar 24
  1. Productivity growth is crucial for controlling inflation, maintaining a stable economy, and improving living standards.
  2. To boost productivity growth, a combination of macroeconomic factors like full employment, investment incentives, and stable supply-side conditions is essential.
  3. Three key factors that fostered productivity growth in the 1990s were full employment, high fixed investment, and stable supply with low inflation; replicating these conditions today would require strategic policy interventions.
Noahpinion • 11000 implied HN points • 22 Feb 24
  1. Japan's stock market is rallying due to foreign investment, but the real economy is struggling with recession and weak manufacturing and exports.
  2. Japan is increasing defense spending and bringing in foreign workers to address labor shortages, however, concerns remain about assimilation and potential backlash.
  3. Japan needs to focus on reclaiming its position in key industries like electronics, developing a software industry and EVs, and reforming its corporate culture to boost economic growth.
Noahpinion • 16764 implied HN points • 01 Feb 24
  1. Biden should focus on a message of abundance in his campaign, highlighting the positive state of America and his policies that have contributed to it.
  2. Biden's energy policies, including embracing cheap solar and batteries, have brought abundance and climate stability, making them a crucial part of his message.
  3. Biden should run on his economic record, emphasizing the success of Bidenomics and the booming economy during his presidency compared to historical data.
Robert Reich • 19752 implied HN points • 12 Jan 24
  1. The virtuous cycle of rising wages with productivity gains broke in the late 1970s, leading to stagnant incomes for most American workers.
  2. Corporate governance shifted in the 1980s, with a focus on maximizing shareholder returns, leading to massive job cuts and weakened worker bargaining power.
  3. Decline in union membership since the late 1970s has contributed to shrinking middle class as unions effectively negotiated better wages and benefits for workers.
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Robert Reich • 24391 implied HN points • 31 Jul 23
  1. Bidenomics is proving to be successful in boosting the economy and lowering inflation.
  2. The Biden administration is focused on restructuring the economy to benefit the bottom 90 percent.
  3. Bidenomics could lead to shared prosperity, potentially securing another term for Biden and control of Congress for Democrats.
The Dossier • 303 implied HN points • 28 Feb 24
  1. Western powers imposed sanctions on Russia by freezing $300 billion of Russian assets in the US and Europe, aiming to weaken the Russian economy, but the impact on the Russian war effort has been limited.
  2. The idea of seizing Russia's frozen $300 billion stash is being considered by the Biden Administration and Congress as a punitive measure, but legalizing such action through Congress is required.
  3. Seizing the $300 billion would be an unprecedented event with potential far-reaching consequences, including implications on the U.S. dollar's status as a global reserve currency and market signals about its stability.
kareem • 6210 implied HN points • 02 Jun 23
  1. Some women who support Trump overlook his sexual misconduct allegations.
  2. The reasons given for women supporting Trump may lack logical reasoning.
  3. Supporting a leader solely for economic reasons, despite moral concerns, can have significant consequences.
ChinaTalk • 592 implied HN points • 17 Jan 24
  1. Industrial policy in China is a contentious issue, with supporters believing in state intervention for progress and critics arguing for a free market approach.
  2. The debate between economists Lin and Zhang reflects the tension in China's economic thinking on the role of the government versus the market.
  3. Xi Jinping's industrial policies are shaped by the Party's political will to surpass the West in GDP and technology, balancing between state intervention and market forces.
startupdreams • 105 implied HN points • 08 Mar 24
  1. BLS job numbers are consistently revised downward after initial high estimates, indicating potential inaccuracies in reporting.
  2. Comparison between BLS and ADP job reports show contrasting trends in new job creation, causing skepticism in the accuracy of BLS data.
  3. Analysis of full-time and part-time job numbers over a year reveals concerning trends, like growth in part-time jobs rather than full-time jobs.
System Change • 491 implied HN points • 10 Jan 24
  1. The art market is experiencing deflation as buyers prioritize debt repayment over new purchases.
  2. Debt deflation and low wages worldwide are driving the fall in prices of goods, services, and assets.
  3. China's economy, as the world's second largest, plays a significant role in global deflationary pressures and may require a drastic shift in economic policy to avoid a crash.
Brad DeLong's Grasping Reality • 261 implied HN points • 02 Feb 24
  1. Debt-to-GDP ratio in the U.S. has fluctuated over the years, with significant changes under different administrations.
  2. The U.S. could manage its debt by matching program spending to taxes in the future, allowing it to gradually diminish.
  3. The current U.S. deficit is a concern as it exceeds the optimal level, posing a risk for the future due to political and economic factors.
Venture Prose • 539 implied HN points • 05 Nov 23
  1. Being a president comes with immense challenges like managing debt, dealing with administrative issues, and navigating societal tensions.
  2. To make a country like France attractive, competitive, and profitable, leaders need to focus on positive impact, simplicity in implementation, and clear accountability.
  3. France has the potential to excel in areas like nuclear energy, artificial intelligence, agriculture, and education, but effective automation and addressing system abuse are essential for profitability.
Sinocism • 766 implied HN points • 28 Sep 23
  1. The Politburo meeting did not announce the dates for the Third Plenum, raising speculation about possible delays or disagreements.
  2. During the Politburo Study Session on WTO reform, key officials were absent, indicating potential areas of concern.
  3. Evergrande's chairman being placed under police surveillance raises doubts about the company's ability to avoid liquidation, impacting other struggling real estate firms.
cryptoeconomy • 1022 implied HN points • 17 Jun 23
  1. Government leaders are not always honest, especially about economic issues like inflation and the state of the economy.
  2. Policymakers often lie to manipulate public perception and create a false sense of economic stability.
  3. To address dishonesty and mismanagement, consider removing central planners and government control in economic matters.
The Discourse Lounge • 531 implied HN points • 07 Aug 23
  1. AC Transit has faced a decline in ridership over the years due to funding cuts and neglect.
  2. Efforts are needed to increase funding for AC Transit and prioritize bus services over suburban rail projects.
  3. Long-term solutions include reforming funding priorities, restoring lost bus lines, and promoting public transportation over private shuttles.
Brad DeLong's Grasping Reality • 445 implied HN points • 26 Aug 23
  1. The text discusses the persistence of neoliberal ideas despite criticism.
  2. It emphasizes the importance of industrial policy in addressing societal challenges.
  3. The comparison between the Western market-focused approach and the developmental states of East Asia is highlighted.
cryptoeconomy • 648 implied HN points • 10 Jun 23
  1. The Federal Reserve is planning more interest rate hikes and tightening measures, signaling potential economic pain.
  2. Despite initial expectations of a pause in rate hikes due to economic impacts not yet fully realized, Fed Governor Waller is advocating for further hikes to curb inflation.
  3. Quantitative Tightening, the reversal of money printing, may be the next step for the Fed despite past failures, raising concerns of potential economic disruptions and widespread impacts.
Letters from an American • 11 implied HN points • 12 Mar 24
  1. Authoritarian prime minister Viktor Orbán of Hungary visited former president Trump in Florida, expressing support for stopping aid to Ukraine, even as U.S. officials stress its importance.
  2. President Biden's proposed budget for 2025 includes funding for Ukraine, Social Security, Medicare, Medicaid, and veterans' benefits, with an aim to reduce the deficit by taxing the wealthy and corporations.
  3. Historical analogies from FDR's era underscore the significance of providing aid to allies, as seen in the Lend-Lease Act during World War II, highlighting the critical nature of supporting democratic nations against dictatorships.
Geopolitical Economy Report • 438 implied HN points • 25 Jan 23
  1. Ukrainian president Zelensky is actively seeking investment from US corporations like BlackRock, JP Morgan, and Goldman Sachs, encouraging them to do business in Ukraine.
  2. Zelensky's government has implemented aggressive anti-worker policies, limiting union rights and encouraging a pro-corporate environment.
  3. Western governments and corporations are planning aggressive neoliberal reforms for Ukraine, aiming to privatize and deregulate industries with the help of powerful entities like BlackRock.
Material World • 218 implied HN points • 27 Apr 23
  1. A small company in northern Britain, AMTE, has a significant history in battery technology development.
  2. The US Inflation Reduction Act offers hefty subsidies for manufacturers, causing companies like AMTE to consider relocating production.
  3. The UK faces a challenge in determining its industrial strategy amidst global competition in green technology subsidies.
Geopolitical Economy Report • 398 implied HN points • 20 Oct 22
  1. European prosperity relied on cheap energy from Russia and China's market
  2. EU is facing a crisis due to increased cost of living and competitiveness in global markets
  3. Europe acknowledges a shift away from US security and towards becoming dependent on US energy
Japan Optimist • 176 implied HN points • 25 Mar 23
  1. Japan's start-ups and venture capital outperform global peers with a 18% net IRR per year in the decade before COVID.
  2. Japan's venture capital ecosystem attracts top talent and continues to grow, showing a 7% outperformance over TOPIX.
  3. Japan's government actively supports entrepreneurship and innovation, aiming to create '100 Unicorns by 2027' through public-private partnerships and deregulation.
Wang Xiangwei's Thought of the Day on China • 157 implied HN points • 11 Apr 23
  1. China's economy is facing challenges but leaders are committed to opening up and revitalizing it.
  2. The role of private businesses and foreign companies is crucial for China's economic growth.
  3. Efforts are being made to address concerns of entrepreneurs and improve the legal and investment environment in China.
Geopolitical Economy Report • 219 implied HN points • 09 Sep 22
  1. Ukraine's President Zelensky is opening up the country to US corporations on Wall Street for exploitation through a selloff program.
  2. Zelensky invited foreign corporations to invest billions in the country's projects, emphasizing economic opportunities.
  3. Critics liken Zelensky's actions to extreme neoliberal policies, highlighting concerns over labor rights and economic inequality.
Some Unpleasant Arithmetic • 9 implied HN points • 12 Jan 24
  1. The new President has focused on shock therapy, deregulation, and an omnibus bill to tackle multiple fields.
  2. The government has implemented fiscal and monetary measures in response to urgent economic issues.
  3. The Milei/Caputo Plan is an emergency adjustment plan lacking a clear nominal anchor for long-term economic stability.