In this article, Naoki Yago discusses how central banks should optimally combine monetary and exchange rate stabilisation policies. Naoki completed his PhD in Economics at the University of Cambridge in 2025. He was a former PhD scholar at the Cambridge Endowment for Research in Finance. He will join the Henley Business School, University of Reading, as a Lecturer in Finance this September. The post Monetary and exchange rate policies in a global economy appeared first on Cambridge Judge Busi...| Cambridge Judge Business School
Guest Entry by Poorti Dua Introduction Why do some nations become rich while others remain poor? Economists Acemoglu, Johnson, and Robinson claimed that it was because of institutions; the rules of the game that decide who is included and who is excluded from access to opportunities. But here lies a twist in the story. Whenever […]| Arthashastra
Vanlife has become a popular lifestyle choice for those seeking an alternative to traditional living. Living on the road, in| Vanlife Daily
Richard Dawkins is, perhaps, the most famous scientist in the world, and with his new book — and the controversy surrounding it — his fame is only growing. ...| www.learnliberty.org
Silicon Valley’s race toward artificial superintelligence is fueled by boundless ambition and massive capital investment. But economics keeps whispering an inconvenient truth to the Singularity-obsessed techies: The work of even the smartest machine is chained to its slowest task. The post The Speed Limit on the Singularity appeared first on American Enterprise Institute - AEI.| American Enterprise Institute – AEI
Senator Elizabeth Warren recently criticized 100 percent bonus depreciation as a costly, ineffective policy that disproportionately benefits large corporations. The OBBBA was by no means a perfect bill, but lawmakers were right to permanently extend 100 percent bonus depreciation and should work to expand it. The post Senator Warren Is Wrong About Bonus Depreciation appeared first on American Enterprise Institute - AEI.| American Enterprise Institute – AEI
The California Buyer Purchasing Power Index (BPPI) tells us a homebuyer with the same income is able to borrow 1.47% less purchase-assist mortgage money than a year ago.| journal.firsttuesday.us
Greece’s fiscal council announced on Monday that the country’s economy is expected to expand by 2.4% in 2026, according to projections in its draft budget plan. The forecast reflects a continuation of Greece’s post-pandemic recovery trajectory, driven largely by tourism, domestic consumption, and rising investment. After years of financial austerity and debt crises, Greece has […] The post Greece Projects 2.4% Economic Growth in 2026 Amid Strong Tourism and Investment appeared first o...| Modern Diplomacy
Blocked from the U.S. market due to national-security concerns, Chinese self-driving technology firms are accelerating their expansion into Europe. Companies such as QCraft, Momenta, DeepRoute.ai, WeRide, Baidu, and Pony.ai are establishing European headquarters, signing data-sharing deals, and testing advanced driver-assistance systems (ADAS) across the continent.In China the world’s largest car market over half of all […] The post Europe Becomes the New Battleground for Chinese Self-Dri...| Modern Diplomacy
The Pentagon’s new restrictions on reporters are outrageous and unconstitutional.| MishTalk
"One Big Beautiful Bill" did not resonate. Trump opts for "Wait Till 2026".| MishTalk
Five reports are delayed already. A long delay will cause cancelled reports.| MishTalk
Please play this video posted by Trump on X.| MishTalk
Trump is shrinking government payrolls. And another big cut is coming.| MishTalk
Trump aides are discussing proposals to extend Obamacare subsidies.| MishTalk
ISM also shows rising prices for 100 months.| MishTalk
Tariffs backfired on US agricultural exports.| MishTalk
Trump's budget director, Russell Vought, has been waiting for this moment.| MishTalk
ADP revised August from +54,000 to -3,000.| MishTalk
“There is no ocean without an owner, no ice without a price. The melting opens routes, but also claims that are worth more than oil.” The Northern Sea Route (NSR), also known as the Northeast Passage, is a shipping route… Mauricio Herrera Kahn| Pressenza
“It’s not a sea, it’s a chessboard. On its waters float aircraft carriers, millions of tons of goods, and the promise of an energy bounty. Here the great powers stare at themselves in the mirror of greed and the fear… Mauricio Herrera Kahn| Pressenza
The cure for America’s housing crisis isn’t government subsidies or corporate scapegoats. It’s more homes. Tobias Peter of the AEI Housing Center and economists at Goldman Sachs have both recently argued that affordability has collapsed because supply hasn’t kept up. The post Housing Affordability? Build, Baby, Build appeared first on American Enterprise Institute - AEI.| American Enterprise Institute – AEI
Judge Burroughs’ recent decision is a ringing affirmation of freedom of speech and the rule of law. In the long term, however, only a robust culture of free speech, embraced by both sides, can preserve these values. The post Federal Court Affirms Freedom of Speech and the Rule of Law–but Challenges Remain appeared first on American Enterprise Institute - AEI.| American Enterprise Institute – AEI
One could imagine an AGI world presenting two dilemmas. The first is political: how to design taxes, transfers, or even some sort of shared ownership of computing capacity. The second is human: how to find meaning and structure in our lives when economic logic says we “won’t be missed.” The post AI’s Possible Endgame: Lots of Growth Without Many Workers appeared first on American Enterprise Institute - AEI.| American Enterprise Institute – AEI
As usual, parts of the US business community will do almost anything for a few years of profits. Only now it’s not steel, household goods, cars, or even telecom, it’s semiconductors. And it’s not a friend we’re giving way to, it’s China. The post Which Way for Export Controls on China? appeared first on American Enterprise Institute - AEI.| American Enterprise Institute – AEI
France, whose public finances have become unsustainable and whose politics have become dysfunctional, could pose an existential threat to the Euro. Being the Eurozone’s second-largest economy and being many times the size of Greece, France is too big to fail if the Euro is to survive. The post France’s Threat to the Euro appeared first on American Enterprise Institute - AEI.| American Enterprise Institute – AEI
The inefficient health care sector has grown too large over time, is being funded by growing federal deficits, these deficits are driving down net exports, and the deficits are dangerous and harmful. The correct policy solution therefore is to significantly increase the efficiency of the health care sector. The post Alternative Macroeconomic Views appeared first on American Enterprise Institute - AEI.| American Enterprise Institute – AEI
The median estimate for total nonfarm payroll employment for the month of September 2025 is 50,000.| FactSet Insight
Today's links Blue Bonds: State debt is generative. Hey look at this: Delights to delectate. Object permanence: Why copyright wars matter; Car accidents aren't accidents. Upcoming appearances: Where to find me. Recent appearances: Where I've been. Latest books: You keep readin' em, I'll keep writin' 'em. Upcoming books: Like I said, I'll keep writin' 'em. Colophon: All the rest. Blue Bonds (permalink) The US economy is on the brink. Trump's illegal clawbacks of federal spending (waved through...| Pluralistic: Daily links from Cory Doctorow
Today's links The real (economic) AI apocalypse is nigh: Sweating (the assets) to the oldies. Hey look at this: Delights to delectate. Object permanence: Dying on the job; Google audiocomplete blacklist; Lockheed Martin v. 'gathering information.' Upcoming appearances: Where to find me. Recent appearances: Where I've been. Latest books: You keep readin' em, I'll keep writin' 'em. Upcoming books: Like I said, I'll keep writin' 'em. Colophon: All the rest. The real (economic) AI apocalypse is n...| Pluralistic: Daily links from Cory Doctorow
Assumed audience: Mid career technical researchers considering moving into AI Safety research, career advisors in the EA/AI Safety space, AI Safety employers and grantmakers Nonetl;dr AI career advice orgs, prominently 80,000 Hours, encourage career moves into AI risk roles, including mid‑career pivots into roles in AI safety research labs. Without side information, that advice is not credible for mid‑career readers, because it does not have a calibration mechanism. Advice organizations i...| The Dan MacKinlay stable of variably-well-consider’d enterprises
Figure 1 Agent foundations is the branch of AI alignment that tries to answer: if we were to build a superintelligent system from scratch, what clean, mathematical objective could we give it so that it robustly does what we want, even if we cannot understand the system ourselves? Unlike interpretability (which inspects black-box models) or preference learning (which tries to extract human values), agent foundations is about first principles: designing an agent that’s “aligned by construc...| The Dan MacKinlay stable of variably-well-consider’d enterprises
Figure 1: This stepper machine is my kind of fitness landscape. Fitness, in evolutionary biology, measures an organism’s expected reproductive success. Utility, in economics and decision theory, measures an agent’s preferences, i.e. it is what we seek out. We often blur the lines between what an organism wants and what it evolutionarily needs. Why do we love sugar? The standard explanation is that in ancestral environments, sweetness signalled calorie density, which aided survival and r...| The Dan MacKinlay stable of variably-well-consider’d enterprises
Figure 1 I’m working on some proposals in AI safety at the moment, including this one. I submitted this particular one to the UK AISI Alignment Project. It was not funded. Note that this post is different than many on this blog. It’s highly speculative and yet not that measured; that’s because it’s a pitch, not an analysis. It doesn’t contain a credible amount of detail (there were only two text fields with a 500 word limit to explain the whole thing) I present it here for comment ...| The Dan MacKinlay stable of variably-well-consider’d enterprises
Wherein a failed application is set forth, and two research pathways are outlined: a Bias‑Robust Oversight programme at UTS’s Human Technology Institute, and MCMC estimation of the Local Learning Coefficient with Timaeus’ Murfet.| The Dan MacKinlay stable of variably-well-consider’d enterprises
Residents deal with mile-long walks, corner store diets and poorer health as grocers are forced to close unprofitable locations on both sides of the state line. The post Across state line and following historic redlines: Kansas City food deserts expand as grocery stores close appeared first on The Beacon.| The Beacon
Thailand's August exports grew 5.8%, the slowest in nearly a year, due to a stronger baht and U.S. tariffs. The ministry maintains a 2-3% export growth forecast for 2023. This article was originally published here: Thailand’s Export Growth Slumps Amid Impact of US Tariffs| Thailand Business News
Last Week In A Nutshell A quiet week with rates drifting slightly higher as Fed officials sounded cautious on future rate cuts. Upcoming Attractions Potential government shutdown: As of Monday morning, the government looks more likely than not to shut down Tuesday at midnight. The immediate impact of a short, run-of-the-mill shutdown to both the […] The post Redfin Economists’ Weekly Take: Potential Government Shutdown Looms Ahead of Key Jobs Report appeared first on Redfin Real Estate News.| Redfin Real Estate News
In August this year, the Global Taiwan Institute (GTI) gathered ten analysts in Washington, DC as the “US-Taiwan Economic Relations Working Group” to discuss the challenges and opportunities facing the US-Taiwan economic relationship. This article compiles thoughtful insights from the working group, which convened for a one-day workshop to outline key priorities for policy makers in both the United States and Taiwan with the goal of ensuring continued benefits from the US-Taiwan economic ...| Global Taiwan Institute
The Regional Cooperation Economic Partnership (RCEP) is a major trade agreement featuring nations across the Indo-Pacific, with outsized representation from Southeast Asia. However, the RCEP has never included Taiwan. Considering Taiwan’s strong efforts to shift trade from China to Southeast Asia under the 2016 New Southbound Policy (NSP), RCEP members have few obvious economic reasons to exclude Taiwan. Rather, it is the People’s Republic of China’s (PRC) economic and political influen...| Global Taiwan Institute
When reading an old novel or watching a period drama movie or TV show, it is almost inevitable that some historical currency amounts will be mentioned. This is especially true when the work is deal…| Economist Writing Every Day
Britain’s Trade Remedies Authority (TRA) says it will strengthen its trade defences even before new legislation gives it more powers.| Modern Diplomacy
The dollar was on one side of 89% of all international transactions, which is an increase from its 88% share in 2022. ... READ MORE >| The Real Economy Blog
Surveys of how consumers view the economy dropped in September. The government shutdown could worsen consumers' views of the economy. ... READ MORE >| The Real Economy Blog
ADP reported a net decline of 32,000 jobs in September, driven by a decreased of 40,000 among small firms and 20,000 among medium-size firms. ... READ MORE >| The Real Economy Blog
An extended shutdown would raise the unemployment rate, reduce household consumption and restrain economic growth. ... READ MORE >| The Real Economy Blog
The labor market continued to rebound on the month after bottoming out in May and June. ... READ MORE >| The Real Economy Blog
Government debt among six of the seven countries in the G-7 will exceed 100% of gross domestic product this year. Is it sustainable?| The Real Economy Blog
“The planet’s fate is no longer decided on isolated battlefields, but in the permanent tension between two giants competing for trade, technology, and power.” The 21st century has no fixed center. It shifts to the rhythm of the rivalry between… Mauricio Herrera Kahn| Pressenza
Last week US Treasury Secretary Scott Bessent offered a $20bn swap line to Javier Milei’s government in Argentina and pledged to buy its bonds, as the Trump administration moved to shore up its ideological ally. The measures temporarily halted a rout in Argentine foreign exchange and bond markets triggered by the rapid depletion of theContinue reading "Argentina: the chainsaw breaks down"| Michael Roberts Blog
William Baumol and David Bradford’s 1970 article “Optimal Departures from Marginal Cost Pricing” is a cornerstone in the economics of public utility regulation. While it appeared in the American Economic Review as a work of formal economic theory—complete with equations and proofs—it also has clear significance for law & economics. Baumol and Bradford demonstrate how ... ‘Optimal Departures from Marginal Cost Pricing’ by William J. Baumol & David F. Bradford The post ‘Optimal ...| Truth on the Market
The European Union is on a 20-year economic losing streak. A new research study shows that the EU’s economic slowdown relative to other areas of the developed world is due to bad government policies that can be cured. Reversal of these policies requires political will, as it would involve the shrinking of the size of ... Reversing the EU Economic Slowdown: Implications for the United States| Truth on the Market
Hate is not a substitute for policy as the Germans should have learnt from their Nazi Third Reich. They obviously didn’t. Mathew D. Rose is an Investigative Journalist specialised in Organised Political Crime in Germany [...] The post Mathew D. Rose – Never Mind the Bollocks, Here’s the German Economy appeared first on Brave New Europe.| Brave New Europe
As the Trump administration’s repression increases by the day, Ralph Nader reminds us that we are not “nobodies,” and that together, with collective power, we can invoke serious change. Are you a worker? Yes. Are [...] The post Ralph Nader, Chris Hedges – It’s Time to Fight Back Against Trump’s Fascist Regime appeared first on Brave New Europe.| Brave New Europe
Steven Simoni’s transformation from Silicon Valley entrepreneur to defense contractor reflects how the tech industry itself is being reshaped by war and geopolitics.| Modern Diplomacy
History of accounting may not sound as noble or interesting as the history of other professions, however, accounting may surprise you. It has been an essential career for centuries, with the basic need for accounting in daily life stretching back even to Mesopotamia. In the remotest period of human civilization, our earliest struggle, did we […] The post History of Accounting: From the Ancients to the Modern Day appeared first on Historyplex.| Historyplex
This week we look at the fallout from the Charlie Kirk assassination; Yes Minister; Students in Amsterdam; the Oxford Union President; Mental Health worker in Australia; Borussia Dortmund; AI b…| TheWeeFlea.com
Cheap Chinese imports, while offering affordable goods, are accused of harming Thailand's economy by undercutting local manufacturers through practices like dumping. This article was originally published here: Are Low-Cost Chinese Imports Undermining Thailand’s Economy?| Thailand Business News
The Bank of Thailand unveiled new measures to enhance the financial system's resilience, focusing on promoting digital payments, improving consumer protection, and fostering sustainable economic growth.| Thailand Business News
Global investors are redirecting funds to Asia, excluding China, with around $100 billion flowing into the region over the past nine months.| Modern Diplomacy
Manufacturing activity across Asia weakened in September, highlighting the strain on economies that depend heavily on global trade.| Modern Diplomacy
Russia is accelerating its pivot to Asia by boosting liquefied natural gas (LNG) exports to China, despite heavy Western sanctions.| Modern Diplomacy
Marking Nigeria’s 65th Independence Day, President Bola Tinubu addressed the nation with an attempt to reassure citizens exhausted by months of economic turmoil.| Modern Diplomacy
Here is a chart of the Core Personal Consumer Index for inflation (Core PCE), which is the Fed’s favorite measure on inflation, from 1970 through early 2024: This chart is from an article by the Richmond Fed, The Origins of… Continue reading →| Economist Writing Every Day
The bilateral relationship with the United States is extensive but is undergoing strain as trade has become a security variable.| Modern Diplomacy
Halting oil supplies to Europe via SOCAR’s STAR refinery is the EU’s top priority| Geography
Exit pursued by bear| indi.ca
How America is sanctioning itself into a corner| indi.ca
Fitting for 2025, a government shutdown is all but guaranteed to deliver even more uncertainty into the macroeconomic mix. The post Wall Street Braces for Government Shutdown Chaos appeared first on The Daily Upside.| The Daily Upside
I have recently, watched the YouTube video, “How tech CEOs are lying to you”, where Karen Hao is interviewed by Aaron Bastani on Novara Media's channel. Ms Hao has just published a book, “Empire of AI” and the interview covers the topics of the book. At the centre of her arguments are, that large language modules aka AI, and their use of resources, water, power, land and rare metals are a choice, and one that society cannot afford. She questions the business model of the AI industry...| davelevy.info
While posting my notes on my reference back for Labour Conference I fell back on the OBR statistic that Brexit had cost the UK 4% of GDP. I thought a chart would have been helpful and so went looking for| davelevy.info
This data was originally featured in the August 27th, 2025 newsletter found here: INBOX INSIGHTS, August 27, 2025: Organizational Assessments, 2025 Hiring Demand by Industry In this week’s Data Diaries, let’s take a step back and look at the USA economy and hiring demand as it has changed year to date (apologies to our non [...]Read More... from 2025 Hiring Demand by Industry| Trust Insights Marketing Analytics Consulting
Intergenerational Foundation is an independent charity promoting intergenerational fairness, working for the interests of younger and future generations.| Intergenerational Foundation
By Ekaterina Blinova – Sputnik – 29.09.2025 Fresh from abandoning centuries of neutrality, Swedish politicians are now openly discussing nuclear weapons. What’s really behind this dramatic shift? Mikael Valtersson, former Swedish Armed Forces officer, breaks it down for Sputnik. Why Nukes are on Sweden’s Agenda It’s driven by a “fear of a Russian threat” which […]| Aletho News
Over the last few decades, savings has followed a path conversely proportionate to consumer confidence.| firsttuesday Journal
I joined Shardul Mehta for a live chat on 18 Sept, where we unpacked a core PM assumption: are our executives really interested in the craft of product management? YouTube video here(1 hour) Podcast-style summary here(20 minutes) We covered a lot of ground in this session, including some| Rich Mironov's Product Bytes
Despite facing deep structural and institutional challenges, Afghanistan holds untapped potential that, with stability and strategic reform, could support long-term economic transformation. The post Afghanistan: Porter’s Diamond Model-The Competitive Advantage of Nations appeared first on Hivelr.| Hivelr
Tariff-driven markets bring volatility and disruption, but they also create opportunities. With smart diversification, focus on quality, and disciplined strategy, investors can turn short-term challenges into long-term growth. The post Long-term Investment Strategies in a Tariff-Driven Market Environment appeared first on Hivelr.| Hivelr
Today, Bitcoin consumes as much energy as a small country. This certainly sounds alarming — but the reality is a little more complicated. The author discusses several common misconceptions surrounding the Bitcoin sustainability debate, and ultimately argues that it’s up to the crypto community to acknowledge and address environmental concerns, work in good faith to reduce Bitcoin’s carbon footprint, and ultimately demonstrate that the societal value that Bitcoin provides is worth the re...| Harvard Business Review
The ISO C++ Standards committee, WG21, has a new convenor, Guy Davidson, or rather they will have when the term of the current convenor, Herb Sutter, expires at the end of this year.| The Shape of Code
By Fatima Syed, The Narwhal The Great Lakes News Collaborative includes Bridge Michigan; Circle of Blue; Great Lakes Now at Detroit PBS; Michigan Public, Michigan’s NPR News Leader; and The Narwhal who work together to bring audiences news and information about the impact of climate change, pollution, and aging infrastructure on the Great Lakes and drinking water. This independent journalism is supported […] The post What’s going on in Wasaga Beach? Profit, piping plovers and an ...| Circle of Blue
Digital assets are reshaping portfolios, challenging valuation models, and pressuring regulators—from cryptocurrencies to stablecoins. The post Book Review: Digital Assets: Pricing, Allocation and Regulation appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
EBITDA can mask CAPEX risks. Monitoring capital allocation is key to spotting whether investments create cash flow or quietly drain value. The post Hiding in Plain Sight: Accounting for Capex appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
As AI transforms investment management with powerful tools for decision making, it still exposes markets to cognitive, regulatory, and systemic risks. The post AI in Investment Management: 5 Lessons from the Risk Frontier appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
As policymakers weigh semiannual earnings, data suggest quarterly reports still give investors vital insight. The post Quarterly Earnings: Signal vs. Noise, Cost vs. Benefit appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
History of Fed easing cycles shows how cuts, hikes, and yield curves shape markets and style factors, offering late-cycle lessons for investors. The post When the Fed Cuts: Lessons from Past Cycles for Investors appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
Emotional biases can distort risk profiling. Advisors who coach investors through them help build resilience and better long-term outcomes. The post Coaching Investors Beyond Risk Profiling: Overcoming Emotional Biases appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
Private credit funds with ties to local European markets can look to underserved lower mid-market enterprises to generate alpha.| CFA Institute Enterprising Investor
“The 21st century does not belong to oil. It belongs to those who control lithium, copper, graphite and rare earths.” Oil dominated the 20th century| Pressenza
The following is an interview conducted by Archbridge Chief Economist Justin Callais with Johan Norberg, author of the new book, Peak Human: What We Can Learn From History’s Greatest Civilizations. Justin Callais: In reading your book, I noticed two commonalities among history’s successful societies: private property rights and personal liberties. Would you say this is […] The post The Rise and Fall of History’s Greatest Civilizations: An Interview with Johan Norberg appeared first on...| Profectus Magazine
UK, 1907: ‘to ghostwrite’ (to write a book, an article, etc., for another person, under whose name it is then published—USA, 1908: ‘ghostwriter’ (a person who ghostwrites)| word histories
Asking these 13 questions can help journalists spot red flags in research, including studies that policymakers and elected officials use to defend their stances on certain issues. The post How to gauge the quality of a research study: 13 questions journalists should ask appeared first on The Journalist's Resource.| The Journalist's Resource
A research-based explainer to help journalists cover Hispanic-serving institutions and the competition for higher education funding.| The Journalist's Resource
There is no excerpt because this is a protected post. The post Protected: Overpopulation and Catholic Social Teaching appeared first on CAPP-USA.| CAPP-USA
India has multiple reasons for disliking Bangladesh. In the aftermath of the event of the ouster of all-weather friend Sheikh Hasina from power in August 2024. If we look into previous regimes, Delhi developed heightened relations with Sheikh Mujibur Rahman… Pressenza New York| Pressenza
It is striking to see news that some African leaders and exporters express optimism about the extension of the African Growth and Opportunity Act (AGOA). It is jarring to see international press coverage (citing, for example, the Financial Times and Reuters) portraying the current AGOA… Ángel Sanz Montes| Pressenza
After the extended Congress Working Committee (CWC) meeting on September 24 in Bihar, a resolution was passed slamming the ruling BJP- led central government that it has failed in all fronts. Why is the Congress party alleging so? Why is… Jag Mohan Thaken| Pressenza
As the geopolitical situation intensifies, with U.S. President Donald Trump imposing huge trade tariffs to either restrict or regulate export transactions to the United States, African leaders and entrepreneurs have mounted critical efforts to re-negotiate the extension of AGOA, which… Kester Kenn Klomegah| Pressenza
Some believe that Donald Trump actually wants to end the war in Ukraine. Others believe he’s as belligerent as his predecessors. Who’s right? Perhaps a bit of both. He may have wanted to end American involvement in the war in… Samir Saul - Michel Seymour| Pressenza
