Economy in the 2000s & Before: working, making, apportioning, talking, taking, & more. What I know and can learn about it, & related things.
| Platform |  | Pricing | Freemium | Publishes | Daily |
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| Issues | 2324 | Founded | 6 years ago | Last Issue | 5 days ago |
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braddelong.substack.comLatest Issues
America’s Gentry Élite: TUESDAY TRENDS & TURMOIL
The archetypal rich American isn’t a founder-CEO with a stock ticker—he’s the guy with seventeen McDonald’s franchises and a seat on the hospital board. Zidar and Zwick counted him, traced how the tax code inflated him, and revealed...
DataCenter Risk Is the Real Thing: CHART OF THE DAY
Spreads on financing the datacenter buildout are still small enough not to seriously discourage it, but large enough to reveal that the financiers are getting nervous about a non-zero chance of a big-deal default on their loans:
Tor...
Debt & DataCenters: CHART OF THE DAY
FaceBook bankrupt in one scenario in fifteen in five years? SpaceX & Oracle one in six? That appears to be what those willing to lend to FaceBook right now are thinking...
CROSSPOST: STEVE VLADECK: 250. What We Learned from USPS v. California
Three short sentences from the Supreme Court, and a lot to say about such a very cryptic short utterance. Steve Vladeck unpacks what the Supreme Court said by barely saying anything. The real content of the Supreme Court’s three-sent...
(SEMI-)CROSSPOST: JACOB LEVY: Conceptualizing Academic Freedom
It’s “long” for these days: 8,000 words. But it is very worth READING THE WHOLE THING.
What is going on here is, in my reading, this:
Levy claims: academic freedom is not a species of “free speech”. Rather, it is a distinctive corp...
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DeLONG'S GRASPING REALITY: <http://braddelong.substack.com/subscribe>. Teaching economy & history. Focusing on growth, distribution, money, & finance. Bringing numbers, facts, & blue-hued optimism of the intellect to understanding...
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