Economics and policy analysis from Bloomberg Opinion columnist Noah Smith.
Piketty gets wacky; Tokenmaxxing fails; Trump, drones, and Ukraine; Tariffs on China, again; India's growth; Borjas again
The article argues that while insurers often receive blame for high healthcare costs, the real issues lie in systemic inefficiencies and the complex nature of the U.S. healthcare system.
The article explores how Iran's complex geopolitical situation mirrors the challenges faced by the Trump administration during Hurricane Katrina, highlighting issues of leadership and crisis management.
We didn't evolve to live our lives as terminals of a digital hive-mind
The article argues that adopting degrowth policies in Europe could lead to significant economic decline, potentially transforming affluent nations into impoverished ones.
The article explores the potential for China's economy to stagnate under the weight of debt and inefficiency, raising concerns about the long-term viability of state-owned enterprises.
The article argues that Europe should implement trade barriers against Chinese goods to protect its economy, promote local industries, and address unfair competition practices.
The struggle against excessive corporate power needs better standard-bearers
Probably a lot, but not necessarily the kinds people have made money on so far
The practice of "crating" is torture, plain and simple. Voters want to end it, but Congress might not let them
The most successful ideology of the 20th century is still right for the 21st
The one thing humans will always be comparatively good at is knowing what we want