David H Levey
Economist; Studied at Chicago and Harvard; Country Risk Manager at Wells Fargo; Managing Director for Sovereign Ratings at Moody’s, where he led a team of analysts assessing the default risk of national governments.
| Platform |  | Pricing | Only free issues | Publishes | Daily |
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| Issues | 231 | Founded | 2 years ago | Last Issue | 4 days ago |
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davidhlevey.substack.comLatest Issues
Global Economic Risks and Opportunities (08/22/2026) -- Debt Shenanigans; The Dollar Standard; Getting Hayek Wrong; Who Are the Wealthy? Luddism Again; AI Assessments
Three major forces are going to determine the future of the world economy: a) The buildout and adoption of AI technology; b) The rapid expansion of government debt, the market response, and reform efforts; and c) The global decline in ferti...
Political & Economic Links (08/14/2026) -- Is This Peak Left? Vance's Economic Ignorance; Economics of Innovation; Building Housing; AI and Explosive Growth; Israel's Election; Three China Articles
- A well-argued and optimistic explanation for why the current resurgence of the Far Left in U.S. politics will “flame out,” as it did in the 1970s, and be followed by a period dominated by moderate (centrist) conservatism. (I think of it...
Political Economy Links (08/08/2026) -- AI As a Cognitive-Organizational Revolution; Friedman and TANSTAAFL; A Housing "Folk Fallacy"; Warsh is Behind the Curve; Economic Principles; Walmart in NYC?
- In addition to the possibility of a growth explosion, the debate around AI, as in the recent Atlantic article by Daron Acemoglu and his book coming out next week, has mainly focused on its potential effects on labor, especially employmen...
Bad Policy and Good Responses (07/27/2026) -- "Brokenist Economics"; Tariffs Again; Left-Right Convergence; Rent Freeze and a Better Idea; Property Rights in CA; SpaceX and Corporate Control
- “Brokenists,” said Arnold Kling, believe that the fundamental economic, political, and educational institutions of our society are broken and beyond repair. The result has been the upsurge of MAGA Rightism, the revival of socialism, and...
Economics and AI Links, with a Note on The Odyssey (07/20/2026) -- Productivity Growth; The Billionaire Tax; The Pope's Economics; Thinking about the AI Future
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On Substack Notes, I commented on Richard Hanania’s view of the morality question in Nolan’s film.
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Productivity growth in the U.S. has accelerated over the last few years. It’s natural to ascribe that to the effects of the spread of...
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Economist; Studied at Chicago and Harvard; Country Risk Manager at Wells Fargo; Managing Director for Sovereign Ratings at Moody’s, where he led a team of analysts assessing the default risk of national governments.
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