The hottest Policy Implications Substack posts right now

Individuals and organizations face high costs for spreading lies and defamation.
Political decisions are often driven by cynicism instead of addressing urgent issues.
Trump's financial challenges may have significant implications, despite his net worth.

Washington is nearing its credit limit and may need to stop deficit spending soon.
The US has defaulted multiple times in history through methods like inflation.
Future scenarios may involve more government spending or facing the consequences of defaulting.

In 2024, the US has a significantly older political leadership compared to the past.
The age distribution of US politicians is unique globally, with Baby Boomers holding significant power.
Generational conflict in politics is influenced by factors like demography, technology, and power distribution.

Internalizing externalities through taxes or subsidies can improve efficiency and welfare.
Pareto-relevant externalities are those that impact the outcome; not all externalities need to be internalized.
Individual values and costs are subjective, and internalizing externalities may not always create additional welfare.

Get a weekly roundup of the best Substack posts, by hacker news affinity:

The bond bull market is over, expect an inflationary trend in the '20s
Growth is resilient but inflation is cooling, creating a favorable environment for equities and credit
Globalization is reversing, leading to higher inflation, rates, and nominal growth

During a pandemic, there is a trade-off between prioritizing the economy and prioritizing health, and this choice changes with developments like vaccinations.
Countries like South Korea and Australia managed to balance the economy and health without relying solely on lockdowns by using testing and tracing methods.
Vaccines play a critical role in improving production possibilities and reducing the impact of a pandemic, but they also complicate political choices by potentially shifting priorities and increasing tensions.