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Economics

8 articles rescued

01 thread Jan 16, 2025

A Horrific Experiment Called 'Neoliberalism'

Adam Butler argues we haven't practiced capitalism for 40 years, but rather a 'horrific experiment called neoliberalism' that treats citizens as feedstock for corporate profits instead of serving customer needs.

Adam Butler • 3 min read • Twitter/X
02 thread Jan 16, 2025

UBI Is the Answer?

Cullen Roche's thread on UBI and automation paints a picture of the 'Keynesian Leisure economy'—where we become temporally and monetarily wealthier but socially poorer, with massive disparities in relative leisure.

Cullen Roche • 3 min read • Twitter/X
03 essay Dec 20, 2024

AI's Impossible Math

Harris Kupperman runs the numbers on AI capital expenditure and finds a terrifying gap: the industry needs $480 billion in revenue just to cover 2025 investments, but there simply aren't enough paying customers to make it work.

Harris 'Kuppy' Kupperman • 8 min read • Practical Capital's Blog
04 essay Dec 18, 2024

We Need More Bubbles

Colin Lewis argues that AI overspending isn't a bug but a feature—bubbles are civilization's way of coordinating massive resources around transformative technologies, turning irrational exuberance into innovation breakthroughs.

Colin Lewis • 4 min read • One Percent Rule Substack
05 essay Dec 17, 2024

What We Think We Want vs. What We Actually Need

Three brilliant writers circle the same truth from different angles: Henrik Karlsson on sacrifice, Sherry Ning on values as a filter for spending, and Ian Leslie on buying happiness. Together, they reveal why what we think we want rarely matches what we actually need.

Bhuvanesh • 6 min read • Original
06 essay Dec 16, 2024

No AI Job Apocalypse Yet?

David Deming, Harvard's new Dean, pushes back against AI job apocalypse fears, arguing that CEOs use AI as a convenient scapegoat and that technological disruption historically creates opportunities for the educated elite.

David Deming • 5 min read • Fork Lightning Substack
07 essay Dec 15, 2024

A Bullshit Jobs Apocalypse?

Alex connects David Graeber's bullshit jobs theory with AI disruption, arguing that while meaningless corporate work persists, it's increasingly becoming just a paycheck to fund real entrepreneurial work—and AI is removing the entry-level rungs that once led to corporate careers.

Alex • 6 min read • The Still Wandering Substack
08 paper Jan 15, 2024

Crop Yields Fail to Rise in Smallholder Farming Systems in Sub-Saharan Africa

A comprehensive study of over 55,000 smallholder farms across six African countries reveals that crop productivity declined by 3.5% annually from 2008-2019, despite massive international development efforts.

Multiple Authors • 25 min read • PNAS

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