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Is the U.S. in a "high-level equilibrium trap"?
When countries start fearing the future, they stagnate.
May 19
•
Noah Smith
469
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Is the U.S. in a "high-level equilibrium trap"?
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117
So why *did* U.S. wages stagnate for 20 years?
There are a few theories, but none of them really satisfies.
May 17
•
Noah Smith
371
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So why *did* U.S. wages stagnate for 20 years?
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118
America has become a laughingstock
This is no longer a serious country.
May 15
•
Noah Smith
547
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America has become a laughingstock
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161
Why has American pop culture stagnated?
Predictably, my theories are all technological and economic.
May 14
•
Noah Smith
314
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Why has American pop culture stagnated?
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150
At least five interesting things: Requiem for capitalism edition (#63)
Buffett's secret sauce; Trump's price controls; More bad Abundance critiques; The software employment bust; British productivity
May 12
•
Noah Smith
297
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At least five interesting things: Requiem for capitalism edition (#63)
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116
The crisis of the 21st century is here
Slipping a little bit closer toward a world of war.
May 10
•
Noah Smith
424
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The crisis of the 21st century is here
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124
Globalization did not hollow out the American middle class
The protectionist narrative is more myth than fact.
May 8
•
Noah Smith
674
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Globalization did not hollow out the American middle class
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243
Thoughts on Sinofuturism
What does it mean for China to be "the future"? And what does that future look like?
May 6
•
Noah Smith
376
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Thoughts on Sinofuturism
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55
The Tech Right is not succeeding
Technologists once again prove ham-handed when it comes to politics.
May 5
•
Noah Smith
350
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The Tech Right is not succeeding
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105
Why do econ journalists keep making this basic mistake?
Imports don't subtract from GDP. Stop saying they do!
May 3
•
Noah Smith
505
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Why do econ journalists keep making this basic mistake?
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77
Welcome to The Future
This time it arrived right on schedule.
May 1
•
Noah Smith
509
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Welcome to The Future
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62
April 2025
I owe the libertarians an apology
It turns out there are worse monsters than the market.
Apr 30
•
Noah Smith
806
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I owe the libertarians an apology
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244
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