Airlines Bet on Premium Seats

First-class airline bet is economically well-timed
https://www.reuters.com/commentary/breakingviews/first-class-airline-bet-is-economically-well-timed-2026-04-02/
It’s also possible that sustained high oil prices could ​hit equity markets hard, leading to a negative “wealth effect” that dents animal spirits and therefore travel ​among the world’s richest ⁠fliers. Still, markets are not quite there yet. And higher fuel costs necessarily call for higher fares. Leaning on those better able to afford it simply makes financial sense. 

Financial Deregulation and Crisis Risk

Is Financial Deregulation Under Trump Going Too Far?
https://www.fa-mag.com/news/is-financial-deregulation-under-trump-going-too-far-86520.html

Although the Trump administration is rightly rethinking the heavy-handed banking measures implemented after the 2008 financial crisis, it is also slashing staff at key regulatory agencies, reducing capital requirements, and pushing through other changes. No matter how you slice it, the odds of a bad ending have risen. 

Private credit sector stresses could be catastrophic, but not just yet
https://www.reuters.com/business/finance/private-credit-sector-stresses-could-be-catastrophic-not-just-yet-2026-04-03/

US Budgetary Priorities

Trump’s Budget Has New Vision for the Government but Not the Deficit
https://www.wsj.com/politics/policy/trump-federal-budget-spending-deficit-2027-f2ce08ba
The president aims to cut federal jobs and health spending, while extending tax breaks and boosting military outlays. 

Is Adam Smith Still Relevant?

Adam Smith started a revolution 250 years ago. There’s still time to rescue it
https://www.telegraph.co.uk/opinion/2026/02/28/adam-smith-started-a-revolution-250-years-ago/
Shy Scot’s economic theory introduced new way of seeing the world, but free markets are under attack in post-Enlightenment age.
 
Honor Adam Smith by making markets great again
https://www.telegraph.co.uk/business/2026/03/16/honour-adam-smith-by-making-markets-great-again/
Expecting trading not to be rigged in this day and age seems naïve and almost utopian.
 
The lesson of The Wealth of Nations is not nostalgia but renewal.
https://www.telegraph.co.uk/news/2026/03/09/adam-smith-250-years-anniversary-free-markets/ 

An Ivy League Education

What an Ivy League Education Really Gets You
https://www.theatlantic.com/ideas/2026/04/ivy-league-education-income/686682/ 

Wild Swings in Jobs Numbers

How to Interpret the Wild Swings in the Jobs Numbers
https://www.wsj.com/economy/jobs/how-to-interpret-the-wild-swings-in-the-jobs-numbers-ef447502
The labor market is holding together, but the hopeful story of reacceleration has given way to a narrower question: How much damage will the Iran war do?
 
Breaking Down the Booming March Jobs Report
https://www.wsj.com/economy/jobs/breaking-down-the-booming-march-jobs-report-a11a31c7
Healthcare continued to drive gains in employment, while better weather in March also helped. 

Economists Rethink AI's Impact on Jobs

Economists Once Dismissed the A.I. Job Threat. Not Anymore.
https://www.nytimes.com/2026/04/03/business/economists-once-dismissed-the-ai-job-threat-but-not-anymore.html 

Related:

Young People Are Falling Behind, but Not Because of AI
https://www.theatlantic.com/economy/2026/04/job-market-artificial-intelligence/686659/