Edition #36: July 18, 2024

Edition #36: July 18, 2024

Welcome to PS Economics, a weekly newsletter highlighting commentary on the most important issues in economics and finance.


Why Is China’s Consumption Rate So Low?

Zhang Jun thinks Chinese households are spending more than official data indicate, but that more support is needed.


The Supreme Court Just Sabotaged the US Economy

Kenneth Jacobs considers the implications of a decision that will hobble federal rulemaking and unleash a wave of litigation.


The False Distinction Between Industrial and Economic Policy

Célestin Monga explains why differentiating between “vertical” and “horizontal” government intervention does not hold water.



The Way Forward for Ukraine’s Economy

In PS Longer Reads, Joseph E. Stiglitz and Andrew Kosenko offer a roadmap for guiding the country’s recovery and reconstruction during and after the war.


Bracing for a More Inflationary World

Raghuram G. Rajan thinks central banks will remain under pressure to maintain tighter policies over the medium term.


What Labour Needs to Succeed – Free to Read

Mariana Mazzucato and Sarah Doyle share lessons from other countries about how to implement an effective industrial strategy.


Gen Z’s Growing Consumer Power

Wolfgang Fengler explains how the generation’s enormous economic potential will unfold over the next two decades.




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