Economics and International Affairs Blog
A politically independent blog by Vivekanand Jayakumar
Sunday, June 14, 2026
Smartphones and Declining Birth Rates
How iPhones became birth control
https://spectator.com/article/iphones-became-birth-control/
I.P.O. Frenzy - Harbinger of a Stock Bubble
Mega I.P.O. Frenzy Could Be a Harbinger of a Stock Bubble
https://www.nytimes.com/2026/06/13/business/spacex-ipo-musk-stock-bubble.html
Rampant enthusiasm is buoying tech shares to levels that defy gravity. Invest with caution, our columnist says.
Saturday, June 13, 2026
Inequality in the Age of AI
Falling Wages and Surging Wall Street Wealth Drive Americans’ Unease Over Economy
https://www.nytimes.com/2026/06/13/business/economy-trillionaire-wealth-wages.html
As Elon Musk became the world’s first trillionaire, workers are facing higher prices and fears of A.I.-driven job losses.
China's Economic Future
China is innovative. Its economy is a mess. Which matters more?
https://www.economist.com/finance-and-economics/2026/06/08/china-is-innovative-its-economy-is-a-mess-which-matters-more
A question that will define the 21st century.
UK's Economic Decline
How Britain Became as Poor as Mississippi
https://www.theatlantic.com/magazine/2026/07/uk-productivity-economy-reform-party/687303/
A case study in self-sabotage.
Related:
https://www.economist.com/britain/2026/06/09/britains-privatised-utilities-are-a-mess
https://www.economist.com/britain/2026/06/10/british-politicians-are-racing-to-the-hard-right
Thursday, June 11, 2026
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.
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