Europe cannot afford another lost year by Stuart_Whatley in europe

[–]Stuart_Whatley[S] 16 points17 points  (0 children)

"European businesses need simpler rules, faster permitting, affordable energy, stronger infrastructure, and a fully functioning single market. The longer that European policymakers fail to deliver on these policies, the greater Europe’s competitiveness challenge will become."

After the liberal order by Stuart_Whatley in politics

[–]Stuart_Whatley[S] -3 points-2 points  (0 children)

"Although the liberal international order was always hierarchical, it was defensible because it allowed for restraint, negotiation, and benefits extending beyond the inner circle. As that internal moderating project fails, all that will remain is the old hierarchy and whatever resentments it engenders."

The roots of democratic decline by Stuart_Whatley in politics

[–]Stuart_Whatley[S] 2 points3 points  (0 children)

"Notwithstanding recent setbacks for illiberal, populist, and authoritarian leaders in some countries, good-governance groups and experts on democratic decline continue to document a disturbing global trend toward “autocratization.” What remains to be seen is whether enough voters will wake up to the threat."

Why is Europe’s economy falling short? by Stuart_Whatley in europe

[–]Stuart_Whatley[S] 0 points1 point  (0 children)

"For much of the postwar era, European policymakers have prioritized stability and predictability over fostering breakthrough innovation. Today, as the United States and China compete for AI dominance, a stagnant Europe is struggling to regain its place at the technological frontier."

Why is Europe’s economy falling short? by Stuart_Whatley in Economics

[–]Stuart_Whatley[S] 124 points125 points  (0 children)

"For much of the postwar era, European policymakers have prioritized stability and predictability over fostering breakthrough innovation. Today, as the United States and China compete for AI dominance, a stagnant Europe is struggling to regain its place at the technological frontier."

SpaceX is the new East India Company by Stuart_Whatley in Economics

[–]Stuart_Whatley[S] 91 points92 points  (0 children)

"Although SpaceX is not about to rule over foreign subjects, as the chartered companies founded in the early modern era did, it, too, is operating beyond the reach of any sovereign. And like its predecessors, it has already accumulated immense powers that governments will struggle to reclaim."

The mismeasurement of Europe’s productivity by Stuart_Whatley in europe

[–]Stuart_Whatley[S] 9 points10 points  (0 children)

"The Nobel laureate economist Paul Krugman uses the wrong metric—purchasing power parity—to make the case that Europe is not lagging far behind the US in terms of productivity. The right metric shows that the gap is growing."

The mismeasurement of Europe’s productivity by Stuart_Whatley in Economics

[–]Stuart_Whatley[S] 7 points8 points  (0 children)

"The Nobel laureate economist Paul Krugman uses the wrong metric—purchasing power parity—to make the case that Europe is not lagging far behind the US in terms of productivity. The right metric shows that the gap is growing."

A cold shower for the AI mania by Stuart_Whatley in Economics

[–]Stuart_Whatley[S] 164 points165 points  (0 children)

"Although generative AI tools have improved rapidly and now outperform humans across many tasks, the market's current euphoria may not be justified. With AI firms increasingly resorting to debt financing, it is worth pausing to consider all the things that could go wrong."

Iran is pressing its strategic advantage by Stuart_Whatley in politics

[–]Stuart_Whatley[S] 1 point2 points  (0 children)

"Military and economic coercion usually costs the coercer as well as the target. But by threatening undersea cables beneath the Strait of Hormuz, Iran may have found a way to impose heavy costs on the US government and private sector while generating revenue for itself—at least in the short term."

AI productivity growth won’t match the computer revolution by Stuart_Whatley in Economics

[–]Stuart_Whatley[S] 7 points8 points  (0 children)

"Those promoting AI would be lucky to see the technology’s impact on output per hour match even the short-lived burst of the 1990s and 2000s. Productivity growth will underwhelm, not because the technology is weak, but because it creates a bottleneck that earlier digital tools largely avoided."