~marginalrevolution | Bookmarks (9)

The collapse of the Key Bridge is a national disaster but also an opportunity for societal advancement. We must rebuild but in doing so we must also address the historical discrimination faced by workers in Baltimore and beyond. Ensuring the participation of Baltimore’s workforce in the reconstruction project is essential. It’s Baltimore’s bridge and in […] The post Build Back Key Bridge Better appeared...

That is the topic of my latest Bloomberg column, here is one excerpt: From both a biomedical and economic point of view, the success of the new class of weight-loss drugs is something to behold. Not only are they a remarkable scientific achievement, but — in the case of Ozempic and Wegovy, both made by […] The post Small countries, big firms appeared first...

BREAKING: Queen Camilla is taking a break from public duties for some "downtime", which means that NONE of the four most senior royals – King Charles, Queen Camilla, Prince William and Kate Middleton – are working right now. All is not well with the Royal Family. 💁‍♂️ pic.twitter.com/2sgSrM0Otz — Cillian (@CilComLFC) March 2, 2024 In […] The post Kind of like the NBA All-Star...

Here is Fareed’s home page, here is Wikipedia: Fareed Rafiq Zakaria…is an Indian-American journalist, political commentator, and author. He is the host of CNN‘s Fareed Zakaria GPS and writes a weekly paid column for The Washington Post. He has been a columnist for Newsweek, editor of Newsweek International, and an editor at large of Time. He was managing editor of Foreign Affairs at age 28, briefly […] The post What should I ask Fareed Zakaria?...

Egypt has agreed to a $35bn deal with the United Arab Emirates to develop the town of Ras el-Hekma town on its northwestern coast, Egyptian Prime Minister Mostafa Madbouly announced on Friday after weeks of speculations. Madbouly said at a news conference, which was attended by Egyptian and Emirati officials, that Egypt will receive an advance amount of $15bn […] The post Why don’t nations buy and sell...

I have been following only snippets of the debate over whether Biden should step down as the Democratic nominee, for instance here Josh Marshall responds to Ezra Klein (NYT).  Most of all, I am struck by how little faith some of the commentators have in democratic processes.  Let’s consider a few possible arguments why Biden […] The post Well-functioning democracy for neither me nor...

No, but they did get him some votes there: We study the economic and political consequences of the 2018-2019 trade war between the United States, China and other US trade partners at the detailed geographic level, exploiting measures of local exposure to US import tariffs, foreign retaliatory tariffs, and US compensation programs. The trade-war has […] The post Did the Trump tariffs help the...

That is the focus of my latest Bloomberg column, 2x the normal length.  I cannot cover all the points, but here is one excerpt: The larger theme is becoming evident: AI will radically disrupt power relations in society. AI may severely limit, for instance, the status and earnings of the so-called “wordcel” class. It will […] The post What are the actual dangers of...

I was wondering if you would consider writing a post about the German debt brake in light of recent developments? Personally, I am not a huge fan of discussions about fiscal policy (or even worse, austerity…), as I feel they are mostly Rorschach test without much deep thinking. But I did find the recent developments […] The post Kamil Kovar on the German debt...