korrents

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A maritime chokepoint crisis permanently redirects long-term pipeline and terminal investment, not just short-term oil prices.

Drawn from what Brad DeLong said

What these subjects mean

infrastructure Building the large physical things -- reservoirs, roads, pipelines -- and why some countries have stopped being able to.

investing Putting money into markets on purpose: what a portfolio is for, whether active management earns its cost, and what money is actually a means to.

Second-order thinking

What Brad DeLong actually said

  1. Brad DeLong Economics professor at the University of California
    Chokepoint risk does more than spike the spot price for a season. It re-prices geography permanently: it redirects the next decade of pipeline and terminal investment and hands a windfall to whoever sits on the alternative route.

Added to korrents 20 Sept 2026 · How quotes work · Something wrong? Tell us

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