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In which David Sacks and Balaji raise a false alarm about the jobs numbers
The government numbers are not fake. They're just noisy.
24 hr ago
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Noah Smith
163
49
Real estate is China's economic Achilles heel
It's the country's biggest engine of growth an employment, financial asset, and source of government revenue.
Jun 2
•
Noah Smith
203
83
Where does libertarianism go from here?
Deregulation, state capacity, and growth-oriented centrism.
Jun 1
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Noah Smith
255
222
May 2023
At least five interesting things to start your week
Nvidia's triumph, "greedflation", public housing, Atlanta vs. Los Angeles, and what the UK gets right
May 30
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Noah Smith
152
105
The debt ceiling deal: What was the whole point?
A manufactured crisis leads to an ineffectual "solution"
May 28
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Noah Smith
220
175
Is immigration raising rents in America?
No, but in a few big cities it might be.
May 26
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Noah Smith
152
89
Where China is beating the world
On high-speed rail, EVs, and solar, China is doing truly amazing things.
May 25
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Noah Smith
254
88
Degrowth: We can't let it happen here!
We won't help the environment or the poor by valorizing poverty and decline.
May 24
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Noah Smith
180
80
Decoupling is just going to happen
Chinese policy and geopolitical risk are doing a lot of the work here.
May 22
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Noah Smith
273
94
Nonprofits are sapping the progressive project
We need to bring back state capacity.
May 20
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Noah Smith
259
97
Interview: Dan Wang, China specialist
We talk about China's economy, decoupling, export controls, industrial policy, state control, and lots more.
May 18
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Noah Smith
229
54
Turkey, you were doing so well! (repost)
An economic success story runs off the rails.
May 17
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Noah Smith
100
26
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