Thursday, February 26, 2026

Software Stocks - Historical Sell-Off

The $1.6 Trillion Meltdown That Swept Through Software Stocks
https://www.wsj.com/finance/stocks/the-1-6-trillion-meltdown-that-swept-through-software-stocks-86c8b3a2
Concern over the threat AI poses has hit the shares of companies like Salesforce and Adobe hard. 

The Software Industry Will Survive AI
https://www.wsj.com/opinion/the-software-industry-will-survive-ai-9bed8e2e
Open-source code, from Linux to Netscape, was supposed to cause its collapse in the 1990s. 

Wednesday, February 25, 2026

US - Net Migration Trends

Americans Are Leaving the U.S. in Record Numbers
https://www.wsj.com/us-news/americans-leaving-the-us-migration-a5795bfa
More citizens are replanting overseas, drawn by a quality of life made easily affordable by the U.S.’s enviable salaries. “I wasn’t expecting to be surrounded by this many Americans.”

US role as global talent hub in doubt amid Trump’s visa crackdown
https://www.ft.com/content/c8114fd1-771b-49ac-98c3-a8acf6177626
Multinationals move workers abroad and consider setting up overseas bases as they struggle with immigration restrictions. 

Health Science

Super-Agers’ Brains Have a Special Ability, New Study Suggests
https://www.nytimes.com/2026/02/25/well/mind/super-agers-brain-neurons.html
The findings may help explain why this group has such exceptional memory.
 
Why Some People Thrive on Four Hours of Sleep
https://www.newyorker.com/culture/annals-of-inquiry/why-some-people-thrive-on-four-hours-of-sleep 

State of India's Military

Economics of Illegal Drugs

Competition in the AI Sector

The Race to Dominate A.I. Is Brutally Competitive. That’s Good for Everyone.
https://www.nytimes.com/2026/02/25/opinion/ai-industry-competition-innovation.html 

China’s Macroeconomic Development

Chen, Kaiji, and Tao Zha. 2025. "China's Macroeconomic Development: The Role of Gradualist Reforms." Journal of Economic Literature 63 (4): 1331–62.
https://www.aeaweb.org/articles/pdf/doi/10.1257/jel.20251631
This paper provides analytic guides to recent literature on China’s macroeconomic development, emphasizing the critical role of the gradualist reform approach. Our analysis suggests that from 1978 to 1997, the gradualist approach contributed to China’s aggregate total factor productivity and economic growth primarily through policies that facilitated the reallocation of surplus labor from agriculture to nonagricultural sectors. Since 1998, the government’s focus shifted, with various reforms encouraging large enterprises, whether state owned or privately owned, to enter capital-intensive sectors, making capital deepening the main driver of economic growth. While this strategy sustained China’s GDP growth, it also increased trade tensions with global partners, created barriers to transitioning to a consumption-led economy, and threatened China’s long-term financial stability, casting long shadows over the Chinese economy.