About three years ago, someone asked me why, with my physics undergrad background and a PhD in economics, I had decided to become a professional […]
Author: Noah Smith
Is China sleepwalking down Japan’s zombie economy path?
The photo above is not from China; it’s from Japan. In the 1970s, Daiei was Japan’s top retailer. But after Japan’s asset bubble burst around […]
Why Europe should erect high and hard trade barriers on China
As regular readers of this blog know, I’m pretty ambivalent about trade barriers as an economic policy. On one hand, I think targeted tariffs and other trade […]
How I learned to stop worrying and love American monopolies
For many years, I was a big proponent of the idea that increased market power was harming the US economy in various ways. In the […]
Anyone else tired of the Trump era yet?
I get a lot of flak from progressives for being a “both sides” kind of commentator. I spend a fair amount of time criticizing leftist […]
All non-drone militaries are now obsolete
Drone warfare has been a fascination of mine for a very long time. When I read Daphne du Maurier’s “The Birds” as a kid, I […]