Stock Market Capitalization to GDP Ratio

Is the US Stock Market Too Big?
https://www.project-syndicate.org/commentary/stock-market-valuations-out-of-step-global-gdp-distribution-by-jim-o-neill-2026-06
With China and India having grown so fast as to compensate for the underperformance of their fellow BRICS (Brazil, Russia, and South Africa), the center of gravity in the global economy continues to shift eastward. The question now is whether—and when—equity valuations will reflect this underlying reality.  

Prominent Economists on Growth and Development

PHILIPPE AGHION (co-recipient of 2025 Nobel Prize in Economics) interviewed by SIMON JOHNSON (co-recipient of 2024 Nobel Prize in Economics)
https://www.project-syndicate.org/onpoint/europe-economic-malaise-rooted-in-lack-of-dynamism-by-philippe-aghion-and-simon-johnson-2026-06
 
The Enduring Enigma of Economic Growth by Andres Velasco
https://www.project-syndicate.org/commentary/causes-of-economic-growth-still-not-understood-by-andres-velasco-2026-06
Developing countries have made enormous progress in many of the factors behind growth, reflected in stronger institutions, rising education levels, higher life expectancy, and increased investment rates. Yet income convergence with advanced economies has been painfully slow—and in most cases absent. 

Swiss Referendum on a Population Cap

No Vacancy
https://www.newyorker.com/magazine/2026/06/15/could-switzerland-become-the-first-country-to-limit-its-population
Amid Europe’s economic stagnation and demographic decline, Switzerland is booming. But the Swiss aren’t happy. They’ll soon vote on a proposal to cap the country’s population. 

Interview - Mariana Mazzucato

Mariana Mazzucato, rockstar economist
https://www.newstatesman.com/ns-interview/2026/06/mariana-mazzucato-rockstar-economist
Politics, tears and focaccia with Labour’s favorite public intellectual. 

China and the World Economy

Why It’s Nearly Impossible to Build a Robot Without China
https://www.nytimes.com/2026/06/11/business/china-robots-humanoid.html
Building on the country’s electric vehicle industry, Chinese companies are making robot parts at a scale and price point others can’t match. 
 
China Is Propping Up the World Economy by Importing a Lot Less Oil
https://www.wsj.com/business/energy-oil/china-is-propping-up-the-world-economy-by-importing-a-lot-less-oil-f12d7813
Clues are emerging in the mystery of the missing three million barrels—oil that China would normally be importing but isn’t now.

AI and Back Office Jobs

Forget Coders. The Real A.I. Threat Is in the Back Office.
https://www.nytimes.com/2026/06/10/business/economy/back-office-workers-ai.html
As artificial intelligence spreads, millions of middle-class jobs in human resources, billing and payroll could be at risk. Most are held by women.  

Effective Governance

The case for the administrative state
https://spectator.com/article/the-case-for-the-administrative-state/