archive

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2026-01

• Where am I?

2025-12

• Constant real wages can hide a lot of pain
• When is the economy good or bad?

2025-11

• The qualitative is the foundation of the quantitative
• Running on democracy hasn't been tried
• Real purchasing power over time is not economic welfare over time

2025-10

• A fertile corpse

2025-09

• A pocketbook history of postwar US macro regimes
• Too much murder

2025-08

• The whole point of a democracy

2025-05

• A conversation with Kevin Erdmann
• Alignment is confinement
• The asset side of the balance sheet

2025-04

• Overall but not bilateral balance
• How can taxing foreign investors balance trade?
• Balance as a norm
• Keynesian compromise
• If we weren't idiots, Balance of Payments edition

2025-03

• Delivering rough consensus
• Voice of a Maryland
• Meeting Starter

2025-02

• A theory of Elons
• A few simple points
• Might Elon Musk be personally liable?

2025-01

• Hard information, soft information, groupthink, corruption

2024-12

• Segmentation fault
• Wreckresentative democracy, "Secret Congress", and bee-sting theory
• Wreckresentative democracy

2024-11

• Plutocracy as a positive ideal
• What does it mean to have no kings?
• It's the parasocials, stupid
• The coveted interfluidity endorsement
• Private firms, public industries

2024-10

• Midsize is the right size
• Rule-of-law is incompatible with a sharply polarized two-party system
• A Westphalian order is project enough

2024-09

• Industrial policy without national champions
• Abundance is overcapacity
• Another man's poison
• Income driven repayment of fixed capital

2024-08

• No which tax on tips? Let it be FICA.
• Competition and the form of the subsidy
• Murdering Hayek
• China as a model
• What if we are not among the elect?

2024-07

• We have not been betrayed
• UBI and labor supply
• Trump v. United States: Greatest Hits
• If the issue was the lawfare
• No longer a liberal democracy

2024-06

• Superdelegates
• It isn't sprawl if it's dense.
• State capacity and authoritarianism
• Yimboree
• America is not already great
• Authority minimization
• Only the state can house us
• Even the losers
• The US Federal income tax in pictures

2024-05

• Masculine virtues
• Industrial policy and ecosystems
• The long fistbump

2024-04

• Out of the spotlight
• The quality of what is coordinated
• Of dentistry and democracy
• Seeing like a CEO
• Indirection and the character of capitalism (Part II)
• Indirection and the character of capitalism (Part I)

2024-03

• How to understand approval voting
• Why does wage compression underwhelm?
• A simple theory of the stock market

2024-02

• What you are doing right now
• Situated versus unsituated virtues
• Demographic transition is just specialization and trade
• Nimble nationality will define state capacity

2023-12

• How to regulate AI
• Norms mean you can't pull rank
• There's no such thing as international law

2023-11

• Obama was the most destructive political figure of my lifetime
• How rights make wrongs
• Pluralism or magnanimity?
• The bad war, like all the wars

2023-10

• Price rationing
• The rhetoric of condemnation
• National self-determination is a vicious idea

2023-08

• Fascism as triage

2023-07

• If I were the plutocracy
• Degrowth for Whigs
• Cornering the future

2023-06

• Quietly expensive desperation

2023-05

• Smeagols
• Decommodification and health care utilization
• We haunt

2023-04

• Urgency
• Two kinds of representation
• Two parties make us stupid
• Taiwan
• Systemic means it's not your fault
• Alignment is the problem of God's love

2023-03

• State as coordination
• Banks should fail much more often
• Financial regulation is just debt covenants
• Banks are not private
• Unlimited deposit insurance
• Libertarians and hierarchy
• Dilution of faction requires voting system reform
• Economists are such scoundrels
• What is fascism?
• Higher education is shockingly right-wing

2023-02

• New College
• Instead
• Thick antitrust
• Four quadrants of Section 230ishness
• Hello!