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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.

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Substack
PricingOnly free issuesPublishesDaily
Issues227Founded2 years agoLast Issue45 hours ago
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Latest Issues

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

  1. On Substack Notes, I commented on Richard Hanania’s view of the morality question in Nolan’s film.

  2. 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...

45 hours ago

Economics Links (07/14/2026) -- U.S. Growth; Debating the American Revolution; Undermining U.S. Science; Consumer Socialism; Europe/US Comparisons; Reclaiming More Land; AI Questions and Rewards

To my French friends, “Joyeux 14 Juillet,” and “bonne chance” to the French World Cup team this afternoon. (My older grandson frequently wore a Kylia Mbappé sweatshirt when playing youth soccer. The younger one leaned toward Messi. Maybe we...

8 days ago
2

U.S. Political Economy Links For Independence Day (07/03/2026) -- Long-Term Income Growth; Taxation; Arguing About Trade; Socialist Resurgence; Immigration; Wealthy Entrepreneurs; Britain's Decline

  1. In honor of the 250th anniversary of the Declaration of Independence, here are some historical takes on the American economic experience. First, from Jeremy Horpendahl, the full sweep of the growth of average income, which has multiplied...
19 days ago
1

An Old Variety of Socialism Is Being Revived

After the end of WWII, a new conception of the socialist economy took hold in W. Europe, especially the UK and France. Rather than completely nationalizing the industrial sector, as in the USSR, governments would control the “commanding hei...

24 days ago
2

U.S. Political Economy Links (06/27/2026) -- AI Regulation; Young Workers; Data Centers and Electricity; Social Security Reform; Governments and Companies; Innovative Billionaires; Foreign Students

  1. Before getting to this week’s selection of economic topics, Marco Annunziata summed up the outcome -- at least so far -- of the Iran War in a way that I can agree with, as it nicely avoids the errors of, on the one hand, concluding to an...
25 days ago
2

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  • 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.

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