El Salvador made bitcoin legal tender in their country. While some bitcoin proponents would consider it to be a first step in global adoption of the currency I think it would be an extremely poor idea. None of the ideas in this piece are new or unknown to most mainstream economi…
This newsletter has an associated podcast that has been busy! Click on the links below to listen Noah Smith on American growth, partisanship and vegani…
No, not for long
Since it's the 50th anniversary of the end of Bretton Woods on 15th, I’m writing a multi-part series on the history of international monetary regimes. …
The developed world is doing extremely well when it comes to vaccinating its population against COVID-19. The European Union had over 46% of its citize…
I also run a podcast. If you enjoy this newsletter, then you will definitely enjoy this podcast. Check it out here: Episode 4: Eli Dourado on think tan…
If you’re an ambitious political thinker, one of the things you should do is imagine a utopia. Almost everyone does it. Milton Friedman did it with his…
This is the last post in a series on the Chinese transition. You can find Part 1 here, Part 2 here and Part 3 is here. As far as interesting lives go, …
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