Sunday, June 21, 2026

Brexit - Ten Year Later

The U.K. Is Still Counting the Cost of Brexit, 10 Years After the Vote
https://www.nytimes.com/2026/06/23/business/brexit-uk-economy.html
Citing lower trade and investment, analysts broadly agree that Britain’s economy is smaller than it would have been if the country had stayed in the E.U. 


Rejoining the EU is no panacea
https://www.ft.com/content/c5db4c04-0db7-4eec-a671-c022ad4b5025
Reversing Brexit would sidetrack UK parliament from pursuing more impactful growth reforms.
 
The Economic Impact of Brexit
https://www.nber.org/papers/w34459
 
How Britain, Europe and the West Were Changed by Brexit
https://youtu.be/fH316IurFQE 

Was Brexit Inevitable?
https://www.project-syndicate.org/commentary/brexit-breakdown-western-postwar-liberal-order-by-fabrizio-tassinari-2026-06
If counterfactual history is motivated by a refusal to accept what many have deemed inevitable, it is newly relevant now that the West is marking the tenth anniversary of the Brexit referendum. Even if Britain's fateful choice was caused by deeper structural and historical forces, that does not justify fatalism.

Importance of Basic Science Research

The Science that Turned Lizard Venom into GLP-1s is Under Attack
https://www.nytimes.com/2026/06/20/opinion/glp1-research-science-funding.html 

Inflationary Effects of the AI Boom

The Memory-Chip Crisis Is Here—and You’re Footing the Bill
https://www.wsj.com/tech/personal-tech/memory-chip-crisis-consumer-electronics-d24cdddf
Prices are rising on smartphones, game consoles, laptops and more. 

US Equities: The AI Bubble Debate

The Biggest Risks Threatening This Highflying Stock Market
https://www.wsj.com/finance/stocks/the-biggest-risks-threatening-this-highflying-stock-market-d52119c6
Despite plenty of tailwinds, some investors still see causes for concern.


All the Money Flooding into AI is a Giant Warning Sign by JAMES MACKINTOSH
https://www.wsj.com/finance/stocks/all-the-money-flooding-into-ai-is-a-giant-warning-sign-6e08e3ea
When companies as a group turn into sellers, it’s a reasonable sign that stocks are very overpriced. 

Galbraith’s bezzle lurks beneath the AI frenzy by Edward Chancellor
https://www.reuters.com/commentary/breakingviews/galbraiths-bezzle-lurks-beneath-ai-frenzy-2026-06-19/


MY TAKE:
The AI bubble could be worse than the dot-com bust by Vivekanand Jayakumar, The Hill - 06/16/26
https://thehill.com/opinion/finance/5925202-tech-bubble-ai-driven-growth/

The High Cost of Home Ownership

Owning a Home Is Getting More Expensive in Every Way
https://www.wsj.com/economy/housing/home-ownership-costs-charts-7fe04eb3
The long list of spiraling costs includes property taxes, insurance, maintenance and home improvements. 

Saturday, June 20, 2026

Cognition in the Age of AI

Cognition for Sale
https://www.project-syndicate.org/onpoint/what-ai-cannot-replace-by-sami-mahroum-2026-06
AI is doing what no previous technology could, turning tacit human knowledge into a product that can be extracted, priced, and distributed at scale. Yet the same technology that democratizes cognitive labor may also weaken the human capacities on which complex societies depend. 

Inside the great professionalization
https://www.newstatesman.com/culture/books/2026/06/inside-the-great-deprofessionalisation
AI is taking the humanity out of our jobs.

Reagan Tax Cuts and Budget Deficits

The Surprising Truth About Reagan’s Tax Cut
https://www.wsj.com/opinion/the-surprising-truth-about-reagans-tax-cut-3f0794aa
It widened the deficit—not by cutting the top rate, but purely by relieving families from automatic increases through bracket creep.