Weekend Reading, Watching and Listening Recommendations [April 8, 2022]
The Mistaken Assumption That Immigration Is Inevitable; Money, Commodities & Bretton Woods III; Michael Spence on the changes to the global economy; Opportunities and Challenges for an Aging Society
Read: The Mistaken Assumption That Immigration Is Inevitable. The notion that mass movement is foreordained distorts our politics, galvanizing anti-immigrant forces and lulling progressives into complacency. [via The Atlantic]
Read: Money, Commodities, and Bretton Woods III: This note by Credit Suisse short-term interest rate strategist Zoltan Pozar is getting a lot of attention on the possible emergence of new global financial order, based on commodities. Adam Tooze has a good explainer here and is rightly [in my view] skeptical.
Listen: Economics Nobel Laureate Michael Spence discusses the profound changes that are rippling through the global economy as we emerge from the COVID recession, where economic growth will have to rely more on productivity gains instead of the incorporation of excess labor capacity and what this would mean for countries around the world. [via Economics and Beyond]
Watch: Opportunities and Challenges for an Aging Society [via the Luohan Academy]