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Archive

2025

Notes from Tokyo
What I learned about housing and transport from walking Tokyo’s Yamanote rail loop.
The end of news
Trading topical takes for timeless issues.
The MAGA takeover of the Liberal Party of Australia
Andrew Hastie is drifting into MAGA-style economic nationalism, chasing car factories and coal dreams instead of offering a serious alternative to Labor.
The bailout economy
Bailing out Glencore’s Mount Isa smelter taxes the future to subsidise yesterday’s inefficiency.
The most important conversation in economics we risk getting wrong
Justin Wolfers’ doomsday scenarios about tech monopolies owning ‘all of GDP’ ignore how markets adapt.