Economics

With inflation soaring, trust in governments plummeting, and the global economy teetering on the brink of collapse, one might expect to see the masses out in the streets, calling for the heads of their rulers. But instead of rage and rebellion, we mostly see apathy. Rather than getting radicalised, people are dropping out.  read more »

When mapping the concentration of superentrepreneurs in the world, we find a paradox in Europe. Half of the top-ten countries with the most superentrepreneurs are found in Europe, yet Europe is far behind the US and Canada when it comes to high-end entrepreneurship. Another perhaps surprising fact is that gender equal Europe has a particularly strong deficit of women superentrepreneurs.  read more »

The Frontier Centre for Public Policy has released the 2022 edition of Demographia Housing Affordability in Canada.  read more »

We’re used to getting the short end of the stick out here in Flyover Country, whether it’s from a lack of regular news-media attention or from our vastly inequitable share of investments by venture capitalists.  read more »

In newsletter #63 I discussed the managerial revolution, or the way that we transitioned from an entrepreneurial capitalist system dominated by owners to a bureaucratic system dominated by managers and technocrats spanning the public and private sectors.  read more »

Joe Biden may have once bragged about his cooperative relations with segregationists, but he still arguably owes more to African-American leadership and voters than any politician in recent history.  read more »

In addition to restoring allegedly crumbling highways and transit lines, the 2021 infrastructure bill was supposed to provide tens of billions of dollars for building new infrastructure.  read more »

Out in the rolling country just east of Columbus, Ohio, a new—and potentially brighter—American future is emerging. New factories are springing up, and, amid a severe labor shortage, companies are recruiting in the inner city and among communities of new immigrants and high schoolers to keep their plants running.  read more »

My monthly deep dive newsletter will be out next week and looks at one of the gaps in our society’s thinking about femininity. In preparation for that, I wanted to highlight again the way that conservatives have failed to account for the impact of industrialization on the household in their thinking about gender roles.  read more »

The growing likelihood of recession, at best sharply lower growth and maybe 1970s-style stagflation, seems likely to further accentuate the class and political divisions already rubbed raw by the pandemic and a global supply crisis.  read more »