Gavin Jackson
@gavinjackson.bsky.social
Mumbai correspondent at the Economist
How China gets better bang for its buck than America in AI economist.com/finance-and-...
How China gets better bang for its buck than America in AI
Its investment lags far behind America’s. Its models do not
economist.com
Oh, and while we're on a data binge this morning, if you're not seeing European gas storage corrected for actual demand (and not total storage capacity that was built for the market in the 2000s) then you're not seeing the actual picture:
INDIA RAISES WINDFALL TAX ON DIESEL EXPORTS TO 24 RUPEES/LITRE FROM 15.5 RUPEES/LITRE EFFECTIVE AUGUST 3 - ORDER
How deeply negative do electricity prices need to get before it's worth making e-fuels?
Akshat Rathi@akshatrathi.bsky.social · 2d agoA few weeks ago, the world crossed a major solar milestone: 3 terawatt installed. Why did no one notice? 0.1 TW to 1 TW: 120 months 1 TW to 2 TW: 29 months 2 TW to 3 TW: 19 months Gift link to the story 🎁🔗 www.bloomberg.com/news/article...
Private equity is coming for the Indian Premier League economist.com/business/202...
Private equity is coming for the Indian Premier League
The cricket tournament has proved hugely profitable
economist.com
Interesting that the LRB article's closing words are "I am grateful".
Asia’s richest man Gautam Adani weighs bid for UK’s top port operator giftarticle.ft.com/giftarticle/...
Asia’s richest man Gautam Adani weighs bid for UK’s top port operator
Indian industrialist considers offer for Associated British Ports as two Canadian pension funds prepare to sell stakes
giftarticle.ft.com
If forward guidance can be Delphic or Odyssean, what Greek myth is Warsh drawing from?
Private equity is coming for the Indian Premier League economist.com/business/202...
Private equity is coming for the Indian Premier League
The cricket tournament has proved hugely profitable
economist.com
Nifty IT index (Indian outsourcers) is now up 14% over the past month. It's down 20% over the year still but it suggests that the AI sell-off isn't just about the business models of the hyperscalers but also the capabilities of the models.
awful news, he was a good egg. much love to his family, friends and colleagues
FT Alphaville@alphaville.ft.com · last wk.have you noticed that everyone watches films as if they are a critic and it is their role to assess or rank the film
There's something about the contrast between discourse over the correct translation and interpretation of the Odyssey alongside the deskilling of translation by AI. www.ft.com/content/75bc...
[One] idea is to print an out-of-office reply on notes, saying “Back in September”. www.economist.com/finance-and-...
How to design paper money that represents Europe
The euro gets a makeover
economist.com
"Much of the value generated by AI could end up accruing not to corporate giants, but to Etsy-sellers and small-town accountants." America has become an entrepreneur's paradise www.economist.com/business/202...
America has become an entrepreneur’s paradise
Etsy-sellers and small-town accountants are enjoying the fruits of AI
economist.com
If someone says of your work “It is wonderful, an inspiration”, and you reply “well yours is crap, and I don’t think you understand my work”, then you have come off worse in the interaction.
Here’s What Greeks Think of Nolan’s ‘The Odyssey.’ (It’s Their Story, After All.) www.nytimes.com/2026/07/20/m... Terrible headline. Stories are not collectively ethnically owned. This is Christopher Nolan’s vision of a 3,000-year-old story.
Here’s What Greeks Think of Nolan’s ‘The Odyssey.’ (It’s Their Story, After All.)
nytimes.com
The social psychologist Solomon Asch once conducted an experiment. He presented participants with the results of a study of American soldiers. American soldiers are stoic and uncomplaining. They lack initiative.
New column!! 🚨🚨 A brief history of Luddism economist.com/finance-and-...
A brief history of Luddism
States ultimately decide how fast technology is adopted
economist.com
"In contrast to the classic notion of “guns versus butter,” we find little evidence that social spending is cut during military expansions. Instead, when societies rearm, they tend to choose guns and butter, resulting in higher debt, expenditures, and taxes." cepr.org/publications...
DP21193 Guns and Butter: The Fiscal Consequences of Rearmament and War
We study the fiscal consequences of large military buildups. To do so, we assemble the Global Budget Database, a comprehensive dataset of disaggregated central government finances for 20 countries fro...
cepr.org
