The Capital Letter: Week of October 19
Google, risk, taxes, Biden’s plan, China, and much more.
Google, risk, taxes, Biden’s plan, China, and much more.
On the menu today: The war on Google, the Fed worries about what ultra-low interest rates might mean, the Biden liquidation, automation, a unicorn stumbles, and a case study in regulatory bungling.
On the menu today: The war on Google, clouds over commercial real estate, clouds in space, food hoarding — and money as a memory device.
The economics and politics of stimulus, taxes everywhere, the tech wars, the deficit, South Sudan, and more.
On the menu today: China’s successful bond issue, America’s high tech, China’s Covid exports (no, not that one) and the end of risk-free assets.
On the menu today: Negative interest rates, “stakeholder capitalism,” Illinois taxes, the EU’s Green New Deal, magic, math, money, and Sir Isaac Newton.
On the menu today: ESG (again), Renminbi revival, the economics of vending machines, the economics of the Spanish Flu, and Finland holds the line.
The politics of stimulus, trade deficits, big government and big tech and more.
Coronavirus and the election, new jobs numbers, the president’s taxes, and more.
Election volatility, lockdown lunacies, reining in the Fed, and more.
Coronavirus back to Europe, debating the Fed, the economy we lost, and more.
On the menu today: Debt and windfall waste, the lockdown reflex, oil tankers as warehouses, green protectionism, and the (partial) vindication of October.
Coronavirus relief stalled and lockdowns continue, socialists and robots on the rise, and more.
Good employment numbers, stock-market uncertainty, New York City’s suspended animation, and more.
Changes at the Federal Reserve, “Stakeholder Capitalism,” Economic Nationalism, and more.
Coronavirus relief, aluminum tariffs, California taxes, and more.
Don’t cut the unemployment-insurance supplement too far or too fast.
The ‘socially responsible investing’ bandwagon rolls on.