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Price controls: Too early for a victory lap
Narrative-driven triumphalism does not make for sound policy.
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Noah Smith
43
The reverse OPEC maneuver
Pricing power in the oil industry is shifting, and will shift more.
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Noah Smith
37
At least five interesting things to start your week (#2)
Useless student loans, the U.S. factory-building boom, middle-aged Millennials, opportunity for the poor, and limits to AI
 • 
Noah Smith
83
In which David Sacks and Balaji raise a false alarm about the jobs numbers
The government numbers are not fake. They're just noisy.
 • 
Noah Smith
53
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.
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Noah Smith
85
Where does libertarianism go from here?
Deregulation, state capacity, and growth-oriented centrism.
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Noah Smith
228
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
 • 
Noah Smith
105
The debt ceiling deal: What was the whole point?
A manufactured crisis leads to an ineffectual "solution"
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Noah Smith
177
Is immigration raising rents in America?
No, but in a few big cities it might be.
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Noah Smith
89
Where China is beating the world
On high-speed rail, EVs, and solar, China is doing truly amazing things.
 • 
Noah Smith
88
Degrowth: We can't let it happen here!
We won't help the environment or the poor by valorizing poverty and decline.
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Noah Smith
80
Decoupling is just going to happen
Chinese policy and geopolitical risk are doing a lot of the work here.
 • 
Noah Smith
95
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