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← Most high-skilled Europeans are happy to pay even high taxes, provided the government does a great job in return.
17 connected korrents · 16 moments on record from 1 Jun 2022 to 23 Aug 2026. Nearly all of them are about Japan .
Everything filed under Europe
Europe
Everything filed under interest rates
interest rates
Everything filed under inflation
inflation
Everything filed under public debt
public debt
Everything filed under America
America
Everything filed under government
government
Everything filed under China
China
Everything filed under demographics
demographics Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Read this korrent: Most high-skilled Europeans are happy to pay even high taxes, provided the government does a great job in return. Most high-skilled Europeans are happy to pay even high taxes, provided the government does a great job in return. Last stated 2 weeks ago
23 Aug 2026
PL
Pieter Levels — holds since 2026-08-23 — tap for who they are
Same subject: A government taking a stake in its chipmaker is ordinary infrastructure policy — Taiwan, Japan and Singapore all did it. — tap to centre the map on it A government taking a stake in its chipmaker is ordinary infrastructure policy — Taiwan, Japan and Singapore all did it. Last stated 3 months ago
18 Jun 2026
LT
Lip-Bu Tan — holds since 2026-06-18 — tap for who they are
Same subject: Japanese colonial rule built a far deeper state in Korea than European rule ever built in sub-Saharan Africa. — tap to centre the map on it Japanese colonial rule built a far deeper state in Korea than European rule ever built in sub-Saharan Africa. Last stated 2 years ago
21 Jan 2025
OK
Oliver Kim — holds since 2025-01-21 — tap for who they are
Same subject: The papacy made Italy uniquely unstable in Europe, because each new pope inherited a precedent that he could overthrow any government he liked. — tap to centre the map on it The papacy made Italy uniquely unstable in Europe, because each new pope inherited a precedent that he could overthrow any government he liked. Last stated 3 months ago
16 Jun 2026
AP
Ada Palmer — holds since 2026-06-16 — tap for who they are
Same subject: American shipyards are unproductive rather than expensive: their workers are paid about what Korean and Japanese shipyard workers are paid. — tap to centre the map on it American shipyards are unproductive rather than expensive: their workers are paid about what Korean and Japanese shipyard workers are paid. Last stated 3 years ago
3 Jan 2024
AV
Austin Vernon — holds since 2024-01-03 — tap for who they are
Same subject: Commercial shipbuilding keeps moving to whichever country has the cheapest labour, and America has never been that country. — tap to centre the map on it Commercial shipbuilding keeps moving to whichever country has the cheapest labour, and America has never been that country. Last stated 2 years ago
5 Sept 2024
BP
Brian Potter — holds since 2024-09-05 — tap for who they are
Same subject: Factory-built construction has not raised productivity: the countries that prefabricate most, Sweden and Japan, have had flat construction productivity for decades. — tap to centre the map on it Factory-built construction has not raised productivity: the countries that prefabricate most, Sweden and Japan, have had flat construction productivity for decades. Last stated 9 months ago
11 Dec 2025
BP
Brian Potter — holds since 2025-12-11 — tap for who they are
Same subject: It is the party's censorship, not any lack of talent, that has made China a cultural underperformer beside Japan and South Korea. — tap to centre the map on it It is the party's censorship, not any lack of talent, that has made China a cultural underperformer beside Japan and South Korea. Last stated 3 years ago
23 Jan 2024
DW
Dan Wang — holds since 2024-01-23 — tap for who they are
Same subject: Japan's decades of stagnation were caused by its shrinking working-age population rather than by its monetary policy. — tap to centre the map on it Japan's decades of stagnation were caused by its shrinking working-age population rather than by its monetary policy. Last stated 2 years ago
1 Nov 2024
AE
Alice Evans — holds since 2024-11-01 — tap for who they are
Same subject: A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. — tap to centre the map on it A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity. — tap to centre the map on it During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: Germany's constitutional debt brake will not be reformed. — tap to centre the map on it Germany's constitutional debt brake will not be reformed. Last stated 2 years ago
4 Mar 2025
FM
Friedrich Merz — holds since 2025-02-25 — tap for who they are
FM
Friedrich Merz — no longer holds since 2025-03-04 — tap for who they are
Same subject: A bank should be managed against the fat tails it can imagine, not against the stress test its regulator hands it. — tap to centre the map on it A bank should be managed against the fat tails it can imagine, not against the stress test its regulator hands it. Last stated a year ago
16 Jul 2025
JD
Jamie Dimon — holds since 2025-07-16 — tap for who they are
Same subject: A fiscal expansion when the economy is already at potential output prompts monetary tightening that dampens or eliminates its effect on output. — tap to centre the map on it A fiscal expansion when the economy is already at potential output prompts monetary tightening that dampens or eliminates its effect on output. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A persistently low safe interest rate signals that capital is not very productive at the margin, an underlying economic problem rather than a policy variable. — tap to centre the map on it A persistently low safe interest rate signals that capital is not very productive at the margin, an underlying economic problem rather than a policy variable. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost. — tap to centre the map on it A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost. Last stated 5 months ago
1 Apr 2026
TP
Thuan Pham — holds since 2026-04-01 — tap for who they are
Same subject: Cash welfare benefits contributed at least somewhat to the inflation of 2021-2022. — tap to centre the map on it Cash welfare benefits contributed at least somewhat to the inflation of 2021-2022. Last stated 4 years ago
25 Jul 2022
NS
Noah Smith — holds since 2022-07-25 — tap for who they are
Same subject: Handing out cheques during Covid and accepting the inflation was less damaging than price controls and rationing would have been. — tap to centre the map on it Handing out cheques during Covid and accepting the inflation was less damaging than price controls and rationing would have been. Last stated 2 years ago
20 Aug 2024
JC
John H. Cochrane — holds since 2024-08-20 — tap for who they are
At the centre
Most high-skilled Europeans are happy to pay even high taxes, provided the government does a great job in return.
Holds Read this korrent →
A government taking a stake in its chipmaker is ordinary infrastructure policy — Taiwan, Japan and Singapore all did it.
Holds LT Lip-Bu Tan
Japanese colonial rule built a far deeper state in Korea than European rule ever built in sub-Saharan Africa.
Holds OK Oliver Kim
The papacy made Italy uniquely unstable in Europe, because each new pope inherited a precedent that he could overthrow any government he liked.
Holds AP Ada Palmer
American shipyards are unproductive rather than expensive: their workers are paid about what Korean and Japanese shipyard workers are paid.
Holds AV Austin Vernon
Commercial shipbuilding keeps moving to whichever country has the cheapest labour, and America has never been that country.
Holds BP Brian Potter
Factory-built construction has not raised productivity: the countries that prefabricate most, Sweden and Japan, have had flat construction productivity for decades.
Holds BP Brian Potter
It is the party's censorship, not any lack of talent, that has made China a cultural underperformer beside Japan and South Korea.
Holds DW Dan Wang
Japan's decades of stagnation were caused by its shrinking working-age population rather than by its monetary policy.
Holds AE Alice Evans
A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate.
Holds
During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity.
Holds
Germany's constitutional debt brake will not be reformed.
No longer holds
A bank should be managed against the fat tails it can imagine, not against the stress test its regulator hands it.
Holds JD Jamie Dimon
A fiscal expansion when the economy is already at potential output prompts monetary tightening that dampens or eliminates its effect on output.
Holds
A persistently low safe interest rate signals that capital is not very productive at the margin, an underlying economic problem rather than a policy variable.
Holds
A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost.
Holds TP Thuan Pham
Cash welfare benefits contributed at least somewhat to the inflation of 2021-2022.
Holds
Handing out cheques during Covid and accepting the inflation was less damaging than price controls and rationing would have been.
Holds JC John H. Cochrane