Policy Tensor

Suicide and the Crisis of Meaning

Are we a barbaric civilization?

Sep 9 • 

Policy Tensor

20

7

The War of Numbers

Testing Todd's demographic defense hypothesis

Sep 1 • 

Policy Tensor

13

7

August 2025

The Demographic Modernization of the Muslim World

I just finished reading Youssef Courbage and Emmanuel Todd’s A Convergence of Civilizations: The Transformation of Muslim Societies Around the World…

Aug 24 • 

Policy Tensor

37

15

The Lewisian Model of Unequal Exchange

The catastrophic failure of the law of one price

Aug 11 • 

Policy Tensor

14

3

Teams of generals with vast armies: AI and the future of professional work

A good friend of mine, who wishes to remain anonymous, is one of the youngest staff engineers at Google.

Aug 6 • 

Policy Tensor

22

4

Is Economics Trapped in Orthodoxy?

Boundaries and Coherence of the Economics Discipline

Aug 4 • 

Policy Tensor

16

9

July 2025

The Problem of the Strategic Defender

Wars of rapid decision

Jul 13 • 

Policy Tensor

13

14

The Elephant in the Room

Reintermediation is the only path forward for Democrats

Jul 1 • 

Policy Tensor

35

10

June 2025

Correlates of the Mamdani Vote

No class gradient is a big win for democratic socialism

Jun 25 • 

Policy Tensor

18

7

Trump threaded the needle. Now what?

Some predictions

Jun 23 • 

Policy Tensor

5

Shareholder Payouts, Underinvestment and the Productivity Slowdown

Why have firms been underinvesting since 1980?

Jun 1 • 

Policy Tensor

14

May 2025

Rate Outlook and the Coming Fiscal Crisis

Almost exactly one year ago, I argued on these pages that the CBO’s rate assumptions were far out. I pointed out that the CBO was assuming that the…

May 22 • 

Policy Tensor

21

4