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Jul 31, 2026
Explaining stock market movements is always a little bit of a fool’s errand; no one really understands why stocks boom or crash on a given day or in a given week.
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Jul 24, 2026
Let’s take a break from discussing the insanity of American politics, the tragedy of British economic mismanagement, and other weighty topics, and talk about something fun and...
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Jul 22, 2026
The U.S. and the UK have one of the longest and most important relationships in all of history. The UK is America’s parent civilization, and even after the two diverged and had...
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Jun 29, 2026
I usually wait until at least 2 years have past to re-up a post, but events this week are just getting so crazy that I felt like I had to rerun this post I wrote about Europe and air...
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Jun 15, 2026
But after Japan’s asset bubble burst around 1990, it became Japan’s most famous “zombie” company — staggering along unprofitably, kept afloat by a...
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Jun 13, 2026
About a month ago, I weighed in on an interesting debate over American vs. European living standards.
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Apr 20, 2026
I’ve long been an industrial policy enthusiast. My favorite popular nonfiction book is Joe Studwell’s How Asia Works, a synthesis of decades of research...
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Feb 23, 2026
In case you haven’t heard, the Supreme Court just ruled many of Donald Trump’s tariffs illegal:
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Feb 9, 2026
Japan is a parliamentary democracy; they have a Prime Minister rather than a President.
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Jan 22, 2026
Take a look at the marvel that is modern China. The endless gleaming lines of bullet trains. The air taxis and the drone delivery services and the driverless...
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Jan 3, 2026
In December of 2024, before Trump took office, I wrote about the disturbing possibility that the man once known as a consummate China hawk would sell America out to its...
