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The Sceptical Economists

Andy Cates
Tens of paid subscribers

A sceptical take on economics, policy and markets

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Substack
PricingFreemiumPublishesWeekly
Issues67Founded6 years agoLast Issue6 days ago
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Latest Issues

Europe’s Political Weakness Is Becoming a Financial Risk

Europe is caught in a dangerous circle. Weak growth is undermining confidence in governments, while political fragmentation makes it harder to agree on the reforms and budgets that might restore it. Higher borrowing costs now threaten to tu...

6 days ago
2

The limits of the AI investment boom

Introduction and summary

The surge in artificial-intelligence investment is being driven by the technology’s potential to raise productivity and profits. It is unfolding, however, in a world economy increasingly constrained by scarce l...

13 days ago
2

The economics and politics of diesel

American diesel cost $3.81 a gallon in the week before the Strait of Hormuz closed. It now costs more than $6.50. That is not only higher than it has been at any point in this conflict, including the April panic when Brent touched $138; it...

20 days ago
1

Running Out of Slack

The economics and politics of diesel

American diesel cost $3.81 a gallon in the week before the Strait of Hormuz closed. It now costs more than $6.50. That is not only higher than it has been at any point in this conflict, including the Ap...

20 days ago
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Capital is winning and that is a problem

The bond market is selling off, yet many of the explanations on offer are unconvincing. If inflation were the culprit, it would probably be climbing. If the AI boom were draining corporate balance sheets, credit spreads would not be near re...

a month ago
2

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    Professional economist with over 25 years of experience advising colleagues and clients and with award winning research contributions from accurate out-of-consensus insight.

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