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Daniel Lemire x.com
The Economist estimates that AI has created about 1 million US jobs so far, against roughly 200,000 AI-attributed layoffs since mid-2023. The new roles pay more. Data-center installation and maintenance ads run about 40% above comparable work. Workers with AI skills earn a wage premium of over 60% (PwC). Companies most exposed to AI grew their headcount faster than the least exposed. Aging societies are running out of workers. Median age is already over 40 in Canada and much of Europe. Output per worker has to rise or living standards fall. We need a technology that makes each remaining worke…
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20 September
19 September
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Their words
actually, there are three economic superpowers in the world by this measure. There’s the United States, there’s China, which is clearly number one, and then there’s the EU, which are roughly co-equal.
18 September
17 September
16 September
15 September
From one piece @levelsio on X 2 beliefs · x.com
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Their words
I think we should use this kinds of data to completely turn around Europe's immigration policy: - We should have super easy inflow for immigrants from countries whose previous immigrants have shown low crime rates You're from Japan? Just fly here and you can stay forever - We should then almost completely ban any inflow from countries whose previous immigrants have shown high crime rates with instant deportations
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I think this is the most common sense policy and it'll make Europe much safer
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The European Union is big - the third largest economy in the world, but it has great difficulty in transforming economic strength into geopolitical clout.
14 September
13 September
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Their words
Making trade deals with EU is good for Canada. Anything beyond that is just anchoring ourselves to a block who’s economic ambitions aren’t much higher than being an “open air museum”.
12 September
11 September
10 September
9 September
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korrents.com
Most commercially produced black pudding today is made with dried blood imported from Europe rather than fresh blood.Their words
Fruit Pig are one of the few black pudding producers at scale who use fresh blood - most black pudding these days is made with dried blood imported from Europe.
8 September
7 September
6 September
4 September
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Their words
Worse, U.S. officials now openly support and encourage politicians from far-right anti-European political parties, partly because they are ideologically aligned, but partly because Americans now want to weaken the European Union so that U.S. tech companies can evade any regulation, or even taxation.
The Myth of the “Censorship Industrial Complex”anneapplebaum.substack.com
3 September
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korrents.com
Europe's dominant cultural spirit is anti-tech, anti-AI, anti-entrepreneurship, anti-business and anti-progress.Their words
Portugal's choice is cultural though and completely fits the general spirit in Europe which is fully anti-tech, anti-AI, anti-entrepreneurship, anti-business and anti-progress
2 September
1 September
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And yet, life expectancy about two years more than the national average is rather common in rich regions with selective migration, even in European countries with even access to health care, like France and Spain.
27 August
26 August
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This is complete nonsense, a shame that The Economist has been taken in by it.
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korrents.com
Small European states can demand a war with Russia only because they assume somebody else will fight it.Their words
It is also hypocritical because it is based on the assumption that somebody else (in this case, the United States) will fight for them.
On European hypocrisy and warmongeringbranko2f7.substack.com
25 August
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korrents.com
The Trump administration's approach to Greenland is widely perceived as threatening across Europe.Their words
The Trump administration's ongoing obsession with Greenland feels menacing to everyone in Scandinavia, indeed everyone in Europe.
24 August
23 August
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korrents.com
Most high-skilled Europeans are happy to pay even high taxes, provided the government does a great job in return.Their words
I think most high skilled Europeans are happy to pay (even high) taxes That is, if the government does a great job like Singapore or Dubai or Korea or Japan and most things work well You pay the government for a service and you get safe cities, great public services and great healthcare back
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korrents.com
After a European exit tax, the EU will try to tax its citizens' worldwide income wherever in the world they live.Their words
European governments and thus the EU too is losing lots of tax income from Europeans fleeing Next on the agenda is the European Exit Tax and after that I think they will try to add Worldwide Income Tax (like the US already has) meaning it doesn't matter where you live in the world as a European citizen, the EU will tax you for your entire income!
21 August
19 August
18 August
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Their words
have to abide by this rule that was written before LLMs were even a thing. And that shows how challenging sort of the the the situation is if you try to set the line too firm to begin with.
15 August
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Their words
The USA has kept dribbling small amounts of military support for Ukraine because it gives the USA a great deal of leverage, the ability to both shape how Ukraine fights its war and even how European states prepare.
13 August
7 August
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Their words
I think one of the things that makes science the company very special is that it has both of those cultures and is able to integrate them and we're able to simultaneously do some really cool research that I think is really at the edge of the Overton window while simultaneously running clinical trials in six countries now with an approved medical device in Europe and clinical trial results in the New England Journal of Medicine.
2 August
1 August
29 July
From one piece Chartbook 462: China shocked - beyond 1.0 and 2.0 to the "Big One". 2 beliefs, in the piece's order there
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Their words
China shock 2.0 threatens high status manufactured goods: European cars and engineering.
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korrents.com
The second China shock is landing on Europe, where the first one landed on the United States.Their words
In China shock 1.0 the key target was the US. In China shock 2.0 it is Europe.
28 July
26 July
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Their words
Turns out paralegals are growing like crazy. And the reason for that is because the backlog of lawsuits is really high, and now these law firms could get a lot more cases through. And in order to do so, you got to hire more people.
22 July
From one piece Chartbook 460 Greedflation meets China shock: Can Europe's car industry be saved without making the cost of living crisis worse? 3 beliefs, in the piece's order there
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korrents.com
Protection for European industry should be granted only alongside demands for systematic reform of that industry.Their words
And this in turn means that if we really want to find a way out of the impasse, advocacy for protection and support should be tied to demands for systematic reform.
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To put this same story another way, the European car industry in the early 2020s was a prime example of greedflation i.e. companies taking advantage of the COVID shock and other disruptions and to hike profits at the expense of consumers.
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The two seemingly contradictory trends connect, because the relatively low rate of productive investment leaves European industry vulnerable to its most vigorous competitors whose firms are contending with an even more deflationary macroeconomic situation at home in China.
20 July
16 July
14 July
13 July
9 July
2 July
30 June
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Lovedrcmnd.app
Everybody's PerfectTheir words
And now it's Everybody's Perfect, a book that pretty much defines what it means for one text to be "in dialog" with another text. In this case, it's Ada Palmer's Inventing the Renaissance, a stunning magnum opus that tells not just the story of the Renaissance, but the story of the story, all the different ways the Renaissance has been used, abused, revised and recovered, starting with the Renaissance itself. It's a book that will make you rethink everything you know about European history, about the world today, and about the very idea of history itself
28 June
From one piece Europe Needs Air Conditioning 3 beliefs, in the piece's order there
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korrents.com
American overregulation and labor-market rigidity make elevators far more common in Europe than in the US.Their words
elevators are the rare part of the economy where Europeans have embraced market dynamism while Americans choose overregulation and labor market rigidity.
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European leftists explicitly advocate that people should be kept poor, uncomfortable, and literally sweating.
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korrents.com
European countries are wealthy enough to afford widespread air conditioning, comparable to Japan.Their words
Europe is not actually poor. Japan is about as wealthy as Europe, and almost all Japanese homes are air-conditioned. Europeans could afford to air-condition their homes (and their hospitals!) just like the Japanese do.
19 June
16 June
From one piece Europe's housing shortages are even worse than America's 4 beliefs, in the piece's order there
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Their words
In fact, zoning was invented in Europe, in Germany and Austria-Hungary, in the late nineteenth century.
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korrents.com
Europe's housing shortages are worse than America's, and Europeans do not discuss zoning as their cause at all.Their words
In fact, European housing shortages are generally worse than America’s.
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I suspect the same is often true in the rest of Europe: NIMBYism is the ultimate reason why the French and German states don’t solve their housing shortages through unbanning densification, but since the claims of the NIMBYs have been preemptively conceded by everyone, NIMBYism has basically remained latent.
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But this effect is far too small to explain the increase in house prices in Europe since 1914, when, after all, most urban continental Europeans lived in flats.
From one piece Machiavelli is the most misunderstood thinker of all time – Ada Palmer 2 beliefs, in the piece's order there
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Their words
And soon we have a precedent that every new pope feels he has the authority to knock down every pawn upon the chessboard if he feels like it. Once that is the norm, even a fairly nice pope still inherits the idea that the pope is going to overthrow and replace governments. And this creates a unique instability within Italy that no other part of Europe is subject to
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Machiavelli is the first person that we have ever in the European tradition to suggest that it could be viable for there to be more than one political party in a state at the same time.
13 June
10 June
9 June
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They're the only uh power in Europe that doesn't need to maintain a large standing army because if Britain could maintain a competent navy, no army's going to reach British shores cuz they're going to be drowned at sea.
4 June
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rather than thinking about individual forecasts like what me and Phil are going to do, rather looking at kind of like basically generating prediction markets, where you get aggregate forecasts, where you get like kind of wisdom of the crowd effects. And kind of the reason that I think this is because we have been famously terrible at forecasting.
29 May
28 May
15 May
10 May
From one piece Is Europe in Economic Decline? 2 beliefs, in the piece's order there
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Their words
Europe, along with China and the United States, is an economic superpower. And, at this point in time, it is arguably the world’s only democratic superpower.
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korrents.com
Europe is not in economic decline; by the measures that matter most it is keeping up with the United States.Their words
Moreover, by many measures — arguably the most important measures — Europe is, in fact, keeping up with the United States.
8 May
From one piece David Reich – Bronze Age shock, the Neanderthal puzzle, & the sudden spread of farming 3 beliefs, in the piece's order there
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Their words
And so, maybe what you're seeing is that this group of people in Europe and the Middle East over the last 10,000 years has moved into a a period of relatively more stable food, where building up stores of fat are not as advantageous, and there's been selection against this combination of traits.
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So we just could not see a way this could happen by chance and once we saw that we really felt quite convinced that this was a real signal and that really somehow there has been natural selection to increase the genetic changes that today manifest themselves as more years of school at predicting more years of schooling.
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Their words
but it is the tracer dye, right? Like it tracks into European languages and important aspects of Indo-European culture are coming through Yamnaya.
24 April
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Canada and much of Europe have adopted different interrogation techniques — such as the PEACE method — which emphasize collecting reliable information over coercion. These approaches still garner confessions; they’re just more reliable.
22 April
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So, what if geopolitics was to go horribly wrong and tensions escalate and Europe find itself suddenly locked out of US cloud services? I hope that doesn't happen. I still think it's fairly unlikely, but it's no longer unthinkable.
9 April
2 April
20 March
18 January
1 January
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Likedrcmnd.app
1913: The Year Before the StormTheir words
1913: The Year Before the Storm presents a whimsical slice of Central Europe. Art historian Florian Illies collates fragments of leading figures month by month, diary-entry style.
9 December 2025
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Their words
economists have this fantasy of the world of companies in direct competition driving down price and increasing efficiency while supplying the same thing which is based on a false premise that people know what they want to begin with. Now I would argue when you don't create differentiation, everybody suffers.
20 November 2025
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Learning loss is a global phenomenon, exacerbated by a catastrophic event, not a structural flaw unique to the American education system.
16 October 2025
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Have we seen productivity increases? Yeah, mild to moderate, but like that is not something that has made our new headcount we want for engineering go down.
10 October 2025
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Their words
When the Ukrainians say that they are defending Europe’s borders they are correct.
8 October 2025
5 October 2025
30 September 2025
From one piece Pavel Durov: Telegram, Freedom, Censorship, Money, Power & Human Nature | Lex Fridman Podcast #482 2 beliefs, in the piece's order there
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Their words
Well, what we realized really early is that quantity of employees doesn't translate the quality of the product they produce. In many cases, it's the opposite. If you have too many people, they have to coordinate their efforts, constantly communicate, and 90% of their time will be spent on coordinating the small pieces of work they're responsible for between each other.
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Their words
Because today, if you take France for example which is a beautiful country with a lot of talented people, but public expenses are 58% of the country's GDP, it's maybe as much more than in the latest stage of the Soviet Union.
27 September 2025
18 September 2025
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Their words
The average European and UK voter, once he or she moves on from immigration, will notice how Europe and the UK have made energy unaffordable, stopped its growth-exactly as degrowthers wish-and deindustrialized, on the altar of climate policies that do nothing to improve the climate.
10 September 2025
From one piece 2025 State of the Union Address by President von der Leyen, 10 September 2025 2 beliefs · enlargement.ec.europa.eu
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Their words
This must be Europe's Independence Moment. I believe this is our Union's mission. To be able to take care of our own defence and security. To take control over the technologies and energies that will fuel our economies.
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korrents.com
A new world order based on raw power is being drawn right now, and Europe has to fight for its place in it.Their words
Battlelines for a new world order based on power are being drawn right now. So, yes, Europe must fight. For its place in a world in which many major powers are either ambivalent or openly hostile to Europe.
13 August 2025
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Their words
One interesting point is that, in China, you ask the companies to innovate first, and then you regulate after, right? So, that has led to things like P2P platforms. It’s led to lots of kind of financial innovations, some of which has actually been very helpful and good, some of which had been disastrous, but the intention to regulate after the fact is to really not slow down or hinder the innovation. This is a very different approach from Europe. You regulate first, and then companies have to work around that.
31 July 2025
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Their words
We really don't have any well-documented case of anybody, say, from China visiting Europe or Europe visiting China before the Mongols. But since Chinggis Khan, there's never been a year without contact between east and west. It was permanent. Once he created it, it was permanent.
16 June 2025
1 June 2025
15 May 2025
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Their words
Another factor that is killing Europe’s competitiveness — not just for batteries but for many industrial products — is the high electricity costs.
14 May 2025
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korrents.com
Germany will provide whatever money the Bundeswehr needs to become the strongest conventional army in Europe.Their words
Die Bundesregierung wird zukünftig alle finanziellen Mittel zur Verfügung stellen, die die Bundeswehr braucht, um zur konventionell stärksten Armee Europas zu werden.
30 April 2025
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Their words
I am not here to tell you that the medieval period is a specifically peaceful time, but it pales in comparison to what goes down in the early modern period, in which both the apparently beloved Renaissance and Enlightenment periods lie.
On what Americans know about medieval historygoing-medieval.com
19 February 2025
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Their words
Despite misleading statements by mainstream education economists, college attendance in particular is not a good career investment for most of the population.
21 January 2025
From one piece No, South Korea Was Not Poorer Than Kenya in 1960 2 beliefs, in the piece's order there
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Their words
The relative absence of pre-colonial states meant that the newly independent African states were largely European inventions; modern Kenya, for instance, inherits the boundaries of British East Africa, which was created by pulling together the Kikuyu, Luo, Luhya, Kalenjin, and Kamba ethnic groups.
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korrents.com
Japanese colonial rule built a far deeper state in Korea than European rule ever built in sub-Saharan Africa.Their words
The Japanese empire reached far deeper into its colonies than any European empire ever did in Sub-Saharan Africa.
20 December 2024
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korrents.com
China now starts about a quarter of the world's new clinical trials, more than Europe does.Their words
Chinese companies are now responsible for about a quarter of new trial starts — more than Europe.
16 December 2024
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Usesrcmnd.app
Tech Lead JournalTheir words
discussions from software engineering leaders, with a focus on Asia and Europe.
7 December 2024
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Their words
In truth, the UK shares high costs with more decentralized countries, and Spain shares low ones with more centralized ones.
Low Spanish Costs are not About Decentralizationpedestrianobservations.com
1 November 2024
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korrents.com
Europe is losing the competition for talented migrants because it is not an attractive enough destination.Their words
Europe’s real problem is that we are not a competitive destination.
2 October 2024
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korrents.com
Without SpaceX, neither the United States nor Europe would have adequate access to space of its own.Their words
But for SpaceX, both the US and Europe would lack adequate strategic access to space.
30 September 2024
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korrents.com
Maya hieroglyphs must have been readable across several spoken languages, the way Chinese characters or Latin were.Their words
There must have been a way that multiple languages understood the same writing system. Or maybe there was something like Latin. You know how there was a period in Europe where most people were illiterate and there was this priesthood who all understood Latin and they wrote in Latin? Maybe the hieroglyphs represent a kind of Latin in the ancient Maya world.
29 May 2024
25 April 2024
From one piece Speech on Europe, Sorbonne, 25 April 2024 (Elysee English transcript) 3 beliefs · elysee.fr
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korrents.com
Europe is mortal — it can die, and whether it does depends entirely on choices Europeans make now.Their words
My message today is simple. Paul Valéry said, at the end of the First World War, that we now know that our civilizations are mortal. We must be clear on the fact that our Europe, today, is mortal. It can die. It can die, and that depends entirely on our choices. But these choices must be made now.
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Their words
And so yes, the era when Europe bought its energy and fertilizers from Russia, had its goods manufactured in China, and delegated its security to the United States of America, is over.
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Their words
We cannot sustain the most stringent environmental and social norms, invest less than our competitors, have a more naive trade policy than them and think that we will continue to generate jobs. This no longer holds together.
4 March 2024
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Their words
My understanding is there are Nazis in Ukraine and there are supporters of white supremacy theories, but also my understanding is that they are extremely marginal and they are more marginal than the same sort of groups are in Central Europe, maybe in the U.S. as well.
17 November 2023
From one piece John Mearsheimer: Israel-Palestine, Russia-Ukraine, China, NATO, and WW3 | Lex Fridman Podcast #401 2 beliefs, in the piece's order there
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Their words
All the evidence is that Hispanics are integrating into the American mainstream more quickly and more effectively than the European immigrant groups that came starting around 1835.
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Their words
And I believe that there is a good chance you would've had World War II in the absence of Hitler. I believe that Germany was very powerful, it was deeply worried about the balance of power in Europe, and it had strong incentives to behave aggressively in the late 1930s, early 1940s.
6 November 2023
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Their words
It is fair to say that, while economists expected the short end of the yield curve to reflect the higher rates needed to win the fight against inflation, the sharply steeper long end of the yield curve in the last few months has come as a surprise. I shall freely admit that I did not predict it.
16 October 2023
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Their words
We believe technology is a lever on the world – the way to make more with less. Economists measure technological progress as productivity growth: How much more we can produce each year with fewer inputs, fewer raw materials. Productivity growth, powered by technology, is the main driver of economic growth, wage growth, and the creation of new industries and new jobs, as people and capital are continuously freed to do more important, valuable things than in the past.
1 October 2023
From one piece GOAT: Who is the Greatest Economist of all Time and Why Does it Matter? 5 beliefs, in the piece's order there
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Their words
I don’t view Keynes primarily as an economist, rather I see him as a British aesthete rationalist who did economics in his spare time, and fortunately he had lots of spare time.
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korrents.com
Hayek's three best economics articles surpass the three best articles from any other economist.Their words
Hayek’s three best articles are better than any three articles from any other economist.
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Their words
It is a sign that Hayek was not so great at seeing the viewpoints of other people, and that (political moralizing aside) also should count as a weakness of him as an economist and social scientist.
+ 2 more
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Their words
Of all the contenders for GOAT, Smith seems to be clearly the worst economist, with the possible exception of Malthus.
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korrents.com
Milton Friedman was the best economist among the plausible candidates for greatest economist of all time.Their words
Friedman has one big factor in his favor, namely that he is clearly the best economist on the list of contending names.
3 August 2023
4 March 2023
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Their words
Beijing decided to partner with Russia, an imperial aggressor, when it is the US and Europe that have markets and technology.
10 December 2022
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Lovedrcmnd.app
Streets of Gold: America's Untold Story of Immigrant SuccessTheir words
Absolutely. It is incredibly enjoyable and readable. The authors, in a way that is very rare for economists, find small stories that paint big pictures for the points they make.
13 October 2022
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Likedrcmnd.app
Savage Continent: Europe in the Aftermath of World War IITheir words
a fascinating book on the bloody aftermath of WWII as the destruction wound down
12 September 2022
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Likedrcmnd.app
Wild ProblemsTheir words
How to improve your HUGE major life decisions, like whether/who to marry, whether to have kids, where to live, career paths, and such — where you can’t use the usual checklist/data approach. This economist addresses self-identity, “deepest self”, and “something I was meant to do”. You can’t use a pro/con checklist with an item that says “lose respect for myself”.
26 August 2022
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Their words
The thing is, being a particularly complex or efficient agrarian economy doesn’t seem to have been the most important thing for producing the industrial revolution or it almost certainly would have happened earlier and probably not in Europe.
19 August 2022
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Recommendsrcmnd.app
The European MiracleTheir words
I recommended Eric Jones’ The European Miracle
6 June 2022
1 March 2022
4 June 2020
From one piece Black Death, COVID, and Why We Keep Telling the Myth of a Renaissance Golden Age and Bad Middle Ages 3 beliefs, in the piece's order there
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korrents.com
Plague receded from Europe through fourteen generations of natural selection, not through any advance in medicine.Their words
when plague finally diminished in Europe, not because of any advance in medicine, but because fourteen generations of exposure gave natural selection time to work
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Their words
As a Renaissance historian, I feel it’s my job to shoulder the other half of the load by talking about what the Renaissance was like, confirming that our Medievalists are right, it wasn’t a better time to live than the Middle Ages
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korrents.com
The plague did not pass through in 1348 and leave: it stayed endemic in Europe for nearly four centuries afterwards.Their words
in school they talk as if the plague swept through in 1348 then went away, but the bubonic plague did not go away, it remained endemic, like influenza or chickenpox today, a fact of life.
28 May 2019
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Recommendsaffiliate linkrcmnd.app
Rockonomics: A Backstage Tour of What the Music Industry Can Teach Us about Economics and LifeTheir words
Alan B. Krueger, Rockonomics: A Backstage Tour of What the Music Industry Can Teach Us about Economics and Life: From the economist who revealed the secrets of the minimum wage comes this look at the economics of the music industry. Its disruptions by technology to economics of songwriting and concert tours, the music industry offers important financial lessons. Kreuger, an economic rock star himself (he was former chairman of the president’s Council of Economic Advisers) left us far too soon.
18 May 2018
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Recommendsrcmnd.app
Phenomenology of SpiritTheir words
In order to understand Marx, you really do need to know something about Hegel. It's a mistake to think you could read Marx as a scientist or an economist without understanding the Hegelian framework of his thought. That's why I chose to begin with Hegel.
18 September 2017
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Lovedrcmnd.app
The AlexiadTheir words
There are several jewels of medieval Greek literature but Anna Komnene's is probably the brightest. She was the daughter of one of the emperors—she was porphyrogenita—and it is the first narrative history written by a woman in any European language. It's a text that is incredibly florid, very beautiful, and extremely interesting.
1 January 2016
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Readrcmnd.app
NarconomicsTheir words
If you’ve enjoyed Narcos, you’ll like this book. The world of drugs, cartels, gangs, violence, and prisons looked at from the perspective of an economist.
21 November 2012
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Recommendsrcmnd.app
The Economy of EsteemTheir words
This is a book by a philosopher and an economist about a topic that was neglected for a very long time in social analysis. So there's lots about it in the 18th century – Adam Smith and people like that – and it's about how esteem, which is their word for the respect that you give to people who have achieved things against a certain standard, can be used to motivate people to do good things.
11 May 2012
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Recommendsrcmnd.app
Why Nations FailTheir words
Why Nations Fail is by two of my favourite economists, two very close friends and co-authors of mine, Daron Acemoglu and James Robinson. They're tackling a subject that I've worked on with them, and they do a great job of bringing it to life and making it vivid.
25 January 2012
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Recommendsrcmnd.app
The Power of the PowerlessTheir words
In the end I think Havel will be remembered as the outstanding East European dissident writer, and he will be remembered as such above all for this essay.
1 March 2011
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Lovedrcmnd.app
What Investors Really WantTheir words
Meir Statman, one of my favorite behavioral economists, has written a great book on how investors can overcome their base urges and make better decisions:
3 November 2008
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Their words
Just like Britain, Europe can’t live on its own renewables. So if the aim is to get off fossil fuels, Europe needs nuclear power, or solar power in other people’s deserts (as discussed on p179), or both.
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