The hottest Economy Substack posts right now

And their main takeaways
Top Business Topics
Noahpinion • 20235 implied HN points • 17 Mar 24
  1. The concept of comparative advantage means that even in a world where AI outperforms humans in many tasks, humans can still find plentiful, high-paying jobs by focusing on what they do relatively better compared to other tasks.
  2. Wages have historically increased despite automation, suggesting that the job market continuously evolves and diversifies, creating new tasks for humans to perform.
  3. Concerns about AI causing human obsolescence and stagnant wages should be considered in the context of factors like energy constraints and the potential for increased inequality and adjustment challenges in the economy.
BIG by Matt Stoller • 20856 implied HN points • 14 Feb 24
  1. The oil and gas industry is going through a significant wave of consolidation, with mega-mergers happening between major companies.
  2. The mergers and acquisitions in the industry are driven by challenges in increasing production, high finance strategies, and the desire to showcase access to reserves to investors.
  3. The consolidation will likely lead to squeezed suppliers, reduced innovation, and a shift of industry power from domestic firms to global entities.
Get a weekly roundup of the best Substack posts, by hacker news affinity:
Noahpinion • 9647 implied HN points • 03 Mar 24
  1. Paul Krugman suggests that increased immigration led to a positive supply shock, boosting growth and lowering inflation.
  2. Immigration's impact on reducing costs for companies and expanding aggregate supply is complex, involving immigrant and native-born wage dynamics.
  3. There are differing perspectives on the role of immigration in reducing inflation, with suggestions including a combination of immigration, Fed action, and pandemic-era supply shocks.
Noahpinion • 13059 implied HN points • 27 Jan 24
  1. The U.S. economy is thriving, with real growth, increased wages, high employment rates, and a booming stock market.
  2. The U.S. energy supply is abundant due to investments in shale oil production, keeping prices moderate and potentially boosting the economy even further.
  3. Millennials and Gen Z are doing well economically, with wealth accumulation surpassing previous generations at a similar age, especially in real estate.
BIG by Matt Stoller • 35524 implied HN points • 16 Sep 23
  1. Public dissatisfaction with the economy despite positive statistics like low unemployment and consumer spending
  2. The Biden administration lacks coherence in its policy approach and struggles to address issues like inflation and housing costs
  3. Judicial appointments and internal disagreements within the administration contribute to the challenges faced by Bidenomics in governing effectively
Doomberg • 5582 implied HN points • 07 Mar 24
  1. The North American natural gas market is facing challenges like low prices and overproduction, leading to strategic production cutbacks by major players.
  2. The interconnected pipeline infrastructure among the US, Canada, and Mexico is facilitating significant natural gas exchanges, especially benefiting Mexico with its growing gas demand.
  3. Mexico's strategic position within NAFTA allows it to benefit from cheap energy imports from the US while also capitalizing on its own export opportunities to the US, contributing to its economic growth.
Noahpinion • 8647 implied HN points • 03 Feb 24
  1. The U.S. economy is showing strong signs of a soft landing with low unemployment, surging job numbers, high employment rates, and accelerating wages.
  2. Inflation has fallen back to the 2% target, providing a remarkable macroeconomic achievement.
  3. Despite the strong economy, there is speculation that the Federal Reserve might cut interest rates soon due to reasons like accelerating productivity growth.
Doomberg • 5751 implied HN points • 25 Feb 24
  1. Modern economic systems struggle to account for environmental costs, leading to government interventions and frustrations among capitalists and landowners.
  2. The global focus on carbon emissions has led to the rise of carbon counting professionals, but many argue their value is limited.
  3. A proposal to create Natural Asset Companies (NACs) faced controversy when seeking to put a market price on nature, highlighting potential unintended consequences and opposition.
Today's Edition Newsletter • 8078 implied HN points • 18 Jan 24
  1. Supreme Court might overturn Chevron deference doctrine, changing how US economy is regulated
  2. Conservatives aim to diminish power of executive branch and Congress, while empowering the courts
  3. Federal regulations in the US ensure safety, honesty, transparency, and accountability in the large economy
The Greek Analyst • 279 implied HN points • 24 May 24
  1. Salaries in the Greek tech industry are usually higher than in other domains and pertain to high-productivity jobs, which can drive up salaries in other industries.
  2. Despite some improvements in recent years, Greek tech salaries are still relatively low compared to other European countries, with Greek IT workers having one of the lowest average compensations in Europe.
  3. The current landscape in the Greek tech market presents opportunities for local tech talent as remote global companies are showing interest, leading to a rise in demand and potential for better compensation packages.
The Honest Broker • 22673 implied HN points • 28 Jul 23
  1. Spotify's CEO sold $100 million in stock amidst the company's increasing losses, causing concern among investors.
  2. Streaming companies like Netflix and Disney are heavily investing in AI technology, potentially replacing human creativity with bots.
  3. Music streaming platforms like Spotify prioritize profit over user experience, creating a bland and generic listening environment.
Welcome to Absurdistan • 4422 implied HN points • 29 Jan 24
  1. The current economic growth is unsustainable as it is based on borrowed money.
  2. The financial system is at risk due to the massive amount of derivatives, which are essentially bets on our labor and property.
  3. To restore prosperity, we need to oppose elite tyranny, demand inclusive economic institutions, and abolish monopolies.
The Crucial Years • 1903 implied HN points • 05 Mar 24
  1. Exxon prioritizes profit over renewable energy, stating wind and solar power don't offer sufficient returns for shareholders.
  2. Exxon's history of deceit and denial regarding climate change has hindered progress for decades.
  3. The need for government intervention to address the climate crisis is highlighted, as market profits often impede meaningful solutions.
Aether Pirates of the Matterium! • 17276 implied HN points • 20 Mar 23
  1. Inflation is a measurement, not a tangible thing tied to politicians and bankers.
  2. Hyperinflation is driven by fear, uncertainty, and doubt, leading to people losing confidence in the currency.
  3. Loss of confidence in political and financial systems can trigger hyperinflation, impacting global power structures.
Japan Economy Watch • 199 implied HN points • 16 May 24
  1. Japanese GDP has experienced zero growth in the past six years, with household consumption and business investment showing no positive change.
  2. Government spending hikes have prevented a worse decline in GDP, increasing by 8% from 2018.
  3. Despite a significant depreciation of the yen, exports have only increased by 4% over six years, indicating modest growth.
PETITION • 2456 implied HN points • 28 Jan 24
  1. The post discusses underperforming retailers like The Container Store Inc. ($TCS) specializing in storage solutions.
  2. The Container Store Inc. is known for its premium pricing compared to competitors for products like coat hangers and laundry baskets.
  3. The company's history involves acquisitions by PE firm Leonard Green and Partners LP and an IPO in 2013.
The Liberal Patriot • 1886 implied HN points • 08 Feb 24
  1. Biden is falling behind Trump in key areas like the economy and border security.
  2. The Democratic coalition is losing support among core groups like Hispanics, Blacks, and Youth.
  3. To win in the 2024 election, Democrats need to focus on persuasion over mobilization and address voter concerns like the economy and tough issues.
Japan Economy Watch • 239 implied HN points • 01 May 24
  1. The danger is not a sudden financial crisis, but rather slow erosion of Japan's economic competitiveness and living standards.
  2. The yen's recent fluctuations do not indicate a free fall, but rather show volatility in the currency market.
  3. Japan has the resources to prevent a currency free fall and stabilize the yen value through interventions and its international assets.
The Greek Analyst • 299 implied HN points • 24 Apr 24
  1. Greek manufacturing sector shows signs of recovery, hitting record highs in employment, productivity, and sales.
  2. Manufacturing exports have tripled since the crisis, but Greece still lags behind other European countries.
  3. Investing in smart manufacturing, robotics, innovation, and collaboration between universities and industry is crucial for the future growth of the Greek manufacturing sector.
cryptoeconomy • 1434 implied HN points • 09 Feb 24
  1. Immigrants do not necessarily solve labor shortages because they bring their own demand for various services and jobs.
  2. Immigration can lead to lower wages, depending on the skills of the immigrants being admitted into the country.
  3. The argument that immigration is needed to address labor shortages is often contested by voters who see other issues like welfare, crime, and decreasing wages.
Yet Another Value Blog • 1395 implied HN points • 10 Feb 24
  1. The loan book for NYCB is in worse shape than expected, potentially facing huge losses due to rent-regulated properties and increasing expenses.
  2. Despite the challenges, NYCB has over $7 billion in tangible equity, which could help the bank navigate through the crisis.
  3. Insider buying at NYCB following a special update call shows confidence in the institution, highlighting efforts to stabilize the stock amid a tough situation.
Chartbook • 1316 implied HN points • 12 Feb 24
  1. Wall Street is pulling billions from China's economy and shifting focus to India, creating a significant change in global markets.
  2. Financial flows in China show a trade surplus, with global investors moving away from China and towards India.
  3. Foreign Direct Investment (FDI) into China has drastically decreased since 2022, reflecting investor concerns about geopolitics and domestic policies.