Recent Projects & Publications
Emerging markets private equity and other things
Deeper pieces on politics, economics, international relations, and life
Is Congress to blame for the “death of graduate school” or is it universities’ failure to heed price signals?
On life and the decision to pursue entrepreneurship
On the tension among “universal” values, world order, and U.S. power
Why Quantitative Easing increased inequality, and we knew it would ex ante
Markets are pricing for utopia but is tectonic change afoot?
Unsustainable economic trends will lead to populist politics and demagogues (Jan 2014)
From the Blog
I’ve been digging through some historical tax receipts data (#NerdAlert) to determine whether investment income — defined as net income from taxable interest, dividends, capital gains, and rent — has been rising as a share of gross income. To my surprise, it has been fairly flat at around 10% in recent years (see Exhibit 1). Given […]