Ricardo's threads | Nothing contributes so much to the prosperity and happiness of a country as high profits

How Do Tech Innovations Really Spread? New Evidence

07/11/2024 Ineteconomics Analysis

New technologies appear to yield long-lasting benefits for the pioneer locations where they were originally developed.
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The Economics of China

07/10/2024 Ineteconomics Analysis

How can we understand the bright and dark sides of China's gilded rise? Through the lens of American history.

Why Global Supply Chains Remain Vulnerable

07/02/2024 Ineteconomics Analysis

Journalist Peter Goodman delves into the persistent problems with supply chains and how to fix them his new book, "How the World Ran Out of Everything,” in conversation with the Institute for New Economic Thinking

After the European Elections: Fiscal Policy is the Elephant in the Room

06/27/2024 Ineteconomics Analysis

The most crucial issue in European policy, and one on which no big party campaigned and no important public discussion took place, was the fiscal policy stance for the next few years.
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A diverse investor base impacts the effectiveness of large-scale asset purchases

06/27/2024 European Central Bank Central banks

Large-scale asset purchases can impact the price of securities either directly, when securities are targeted by the central bank, or indirectly through portfolio rebalancing by private investors. We quantify both the direct impact and that of portfolio rebalancing, emphasising the role of investor heterogeneity. We use proprietary security-level data on asset holdings of different investors. We measure the direct impact at security level, finding that it is smaller for securities predominantly held by more price-elastic investors, i.e. funds and banks.

Oil and the Energy Crisis of the 1970s: A Reanalysis

06/25/2024 Ineteconomics Analysis

An excerpt from Revolt of the Rich: How the Politics of the 1970s Widened America's Class Divide by David N. Gibbs, published by Columbia University Press (2024)
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The Fed’s “Chicken Run”: Why Sticking with High Rates Will Crash the Economy

06/24/2024 Ineteconomics Analysis

In persisting with its high rates policy, the Fed is acting like James Dean in the famous “chicken run” auto race in Rebel Without a Cause.
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Musk and Tesla: Compensation or Control?

06/18/2024 Ineteconomics Analysis

The $48 Billion Stock-Option Package
and its Implications for the EV Transition
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Musk’s stock-option bonanza

“Debilitating a Generation”: Expert Warns That Long COVID May Eventually Affect Most Americans

06/13/2024 Ineteconomics Analysis

In a candid discussion with INET's Lynn Parramore, Dr. Phillip Alvelda highlights the imminent dangers of long COVID, criticizing governments and health agencies for ongoing preventable suffering and deaths. *This is Part 2 of a two-part interview.

Antitrust Policy and Artificial Intelligence: Some Neglected Issues

06/10/2024 Ineteconomics Analysis

An ensemble of mechanisms enables cloud hegemons (Microsoft, Google, Amazon) to plan the whole AI knowledge and innovation network by weaponizing interdependence in networks.

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