Edition #16: February 22, 2024
Welcome to PS Economics, a weekly newsletter highlighting commentary on the most important issues in economics and finance.
Why Is China Stalling Out? – Free to Read
Catherine Tai and Renee Luo attribute the country’s mounting economic and financial problems to a loss of private-sector confidence.
Tim O’Reilly shows how the imperatives of modern capitalism impede the development of broadly beneficial AI, considers how Elon Musk and Jeff Bezos went from value-creators to value-extractors, and more.
S. Alex Yang and Angela Huyue Zhang propose a regulatory framework that is both adaptable and tailored to specific contexts.
The EU Must Not Give Up on a Mercosur Trade Deal – Free to Read
Camila Villard Duran calls on European policymakers to recalibrate their diplomatic strategy toward the Latin American bloc.
What Was Capitalism? – Free to Read
James Livingston asks whether those at the commanding heights of today's economy are steering us toward feudalism or fatuousness.
Anne O. Krueger explains why opposition to Nippon Steel's acquisition of US Steel is deeply misguided.