Edition #20: March 21, 2024
Welcome to PS Economics, a weekly newsletter highlighting commentary on the most important issues in economics and finance.
Big Tech Shocks Electric Utilities – Free to Read
Todd G. Buchholz and Michael Mindlin explain why the sector is getting a boost from fast-growing companies that cannot afford to lose power.
Angela Huyue Zhang warns that China’s approach to regulating artificial intelligence could lead to a crisis, highlights the impact of the market’s mistrust of the Chinese legal system, and more.
A Big Defeat for Big Tech – Free to Read
Joseph E. Stiglitz details how the industry tried to slip extraordinary protections against regulation into US trade agreements.
The Mystery of US Interest Rates – Free to Read
J. Bradford DeLong asks why market rates and expectations are far from what almost anyone would have anticipated five years ago.
Kristalina Georgieva, Rudo Kayombo, Yanis Varoufakis, and more assess enduring barriers to women’s social and economic empowerment.
India’s Poor Will Not Be Wished Away – Free to Read
Ashoka Mody highlights the authorities’ ongoing failure to provide an accurate picture of growing economic hardship.