Saturday, October 31, 2026

Being Needed

Do You Feel Needed? Being necessary has never been more necessary – or more difficult.
https://www.newyorker.com/culture/open-questions/do-you-feel-needed
Joshua Rothman:
Psychologists say that “mattering” is a pillar of happiness, along with belonging and self-esteem. We know we matter when other people notice us, when they invest in us—and when they need us. Young people, accordingly, flourish more when they find ways to be relied upon in their families and communities. Older people tend to stay healthier when they don’t just receive care but give it. The sense of being unnecessary is deflating; the belief that you’re a burden can be even worse, can act as a stepping stone to depression and suicidal thought. 

Chinese EVs and the Global Automarket

‘This Is a Knife Fight’: Inside China’s Ruthless EV Blitz Upending the World
https://www.barrons.com/articles/china-ev-blitz-gm-ford-stock-b73ce2bf
China has so much excess capacity to manufacture inexpensive, feature-laden electric vehicles and hybrids that it threatens car companies—and car stocks—everywhere. 

Political Economy of Government Debt

Why Did All the Fiscal Hawks Go Extinct? By Richard Rubin and David Luhnow
https://www.wsj.com/economy/fiscal-hawks-national-debt-midterms-gdp-8b7a950d
The national debt is growing at an unprecedented pace and almost nobody is prepared to stop it. 

Self-Improving AI

The Smartest People in AI Believe This Is the World’s Most Important Chart
https://www.wsj.com/tech/ai/ai-anthropic-rsi-recursive-self-improvement-bff4e815
AI is starting to build better AI. This self-improvement is speeding up research and development—and freaking everyone out. 

Friday, October 30, 2026

AI and Wage Bargaining

Ignore AI and ask for that pay rise
https://www.economist.com/finance-and-economics/2026/10/29/ignore-ai-and-ask-for-that-pay-rise
Fear of a technological revolution may be suppressing wages. 

The Modi Era

Narendra Modi and the battle for India
https://www.economist.com/briefing/2026/10/29/narendra-modi-and-the-battle-for-india
India’s strongman has changed the country for good and ill. Now he is facing one of his sternest tests yet. 

Home Building Costs

Just About Every Part of Building a House Is Getting More Expensive
https://www.wsj.com/economy/housing/just-about-every-part-of-building-a-house-is-getting-more-expensive-d0f5ebcb
The Iran war, tariffs and the AI build-out have pushed up the costs of materials, labor and borrowing.
 
The Immigration Crackdown Is Making It Much Harder to Build Houses
https://www.wsj.com/us-news/the-immigration-crackdown-is-making-it-much-harder-to-build-houses-ec00f4da
Home building suffers labor shortage that is freezing projects and raising costs.