Latest

Mar
13
SVB, Bailouts, and How to Regulate Capitalism

SVB, Bailouts, and How to Regulate Capitalism

The SVB bailout has made me very mad. Not because it is a particularly egregious bailout. Compared to the 2008
6 min read
Jan
23
No Future: Vladimir Mau, RANEPA, Kirilenko, and the End of the Technocratic Dream in Russia

No Future: Vladimir Mau, RANEPA, Kirilenko, and the End of the Technocratic Dream in Russia

Suppose you are a reader of this blog/newsletter, and given that you are here, I assume you are. In
10 min read
Dec
26
Russia's Spookification And North Koreanization PT 1

Russia's Spookification And North Koreanization PT 1

This post is about Russian politics and ties together my thoughts over the past day, which I have already tweeted
4 min read
Dec
14
What Makes an EM?

What Makes an EM?

Hi Readers, As some of you know, I teach a course on economic policies in emerging markets at Tufts'
4 min read
Dec
08
Problems of an American Industrial Strategy I: Kindleberger's Dilemma and the Development State

Problems of an American Industrial Strategy I: Kindleberger's Dilemma and the Development State

Last week, I organized a conference on various dimensions of coordination in implementing an industrial policy as part of Berggruen&
6 min read
Jul
20

A Few Thoughts on the War

If you are a Russian reader or speaker, I highly recommend anything by Gleb Pavlovsky. Pavlovsky is a great observer
4 min read
Jun
22

Public Options as Industrial Policy

Ezra Klein published a column calling for a "liberalism that builds." More specifically, he endorsed Brian Deese'
11 min read
May
18
Putin's Return? To What?

Putin's Return? To What?

On February 24, 2022, Russia’s forces launched a full-scale invasion of Ukraine. That same day, many Russia watchers found
13 min read
Jan
05

Economic Issues in Emerging Markets

As requested on Twitter, here is my syllabus: Course Schedule 1. Concepts of Economic Growth Reading: Eva Szalay, “Pound Is
4 min read
Dec
31
A quick note on inflation and price controls

A quick note on inflation and price controls

I am a loud and proud member of "team transitory"—I’ve argued that the recent spike in
10 min read