Friday, July 11, 2025

The Case for Studying Economics

Want to be a good explorer? Study economics
https://www.economist.com/finance-and-economics/2025/07/10/want-to-be-a-good-explorer-study-economics
The battle to reduce risk has shaped centuries of ventures. 

Zero-Sum Mindset

To understand America today, study the zero-sum mindset, writes Stefanie Stantcheva
https://www.economist.com/by-invitation/2025/07/07/to-understand-america-today-study-the-zero-sum-mindset-writes-stefanie-stantcheva
Young people and city-dwellers are among those most likely to see one group’s gain as another’s loss. 

UK's Public Finances

Britain faces another showdown with the bond market
https://www.newstatesman.com/business/economics/2025/07/britain-faces-another-showdown-with-the-bond-market
Governments are finding it more expensive to borrow, and Britain is in an unusually weak position.
 
Britain’s public finances are bad. Their future looks worse
https://www.economist.com/britain/2025/07/10/britains-public-finances-are-bad-their-future-looks-worse 

Immigration versus Asylum

Scrap the asylum system—and build something better
https://www.economist.com/leaders/2025/07/10/scrap-the-asylum-system-and-build-something-better
Rich countries need to separate asylum from labor migration.
 
The global asylum system is falling apart
https://www.economist.com/briefing/2025/07/10/the-global-asylum-system-is-falling-apart
 
How governments gaslight
https://www.spectator.co.uk/article/how-governments-gaslight/
 
The unspoken truth about 7/7
https://www.spectator.co.uk/article/the-unspoken-truth-about-7-7/ 

Market Melt-Up

Battle-Hardened Wall Street Bulls Are Proving Very Hard to Scare
https://www.bloomberg.com/news/articles/2025-07-11/battle-hardened-wall-street-bulls-are-proving-very-hard-to-scare
 
The Danger of a Market Melt-Up
https://www.nytimes.com/2025/07/11/business/stock-market-melt-up-downturn.html
Traders have repeatedly shrugged off President Trump’s disruptive tariff wars and fiscal policy, pushing U.S. stock prices back into expensive territory, our columnist says. 

The markets are picking a dangerous fight with Donald Trump
https://www.telegraph.co.uk/business/2025/07/11/the-markets-are-picking-a-dangerous-fight-with-donald-trump/
Investors think they’re calling the US president’s bluff. But somebody is paying for his historic trade taxes.

The Rest of the World Gets a Brain Gain

America’s Brain Drain Could Become the World’s Brain Gain
https://www.wsj.com/politics/policy/us-brain-drain-recruitment-02df18a7
Research-funding cuts and immigration changes threaten some of America’s economic advantages. 

Thursday, July 10, 2025

Solar Power

4.6 Billion Years On, the Sun Is Having a Moment
https://www.newyorker.com/news/annals-of-a-warming-planet/46-billion-years-on-the-sun-is-having-a-moment
In the past two years, without much notice, solar power has begun to truly transform the world’s energy system.