Month: April 2026

“Instead, Labour offers up its book of coupons, an ill-formed lattice of sticking-plaster solutions that nobody will feel the benefit of and for which nobody will thank it, coupled with a raft of promises it cannot remotely keep. And of course, the net effect is not zero. Rather, it maintains the dangerous fallacy that household expenditure is not simply an imperfect function of a lucid economy but a kind of lever to be pulled and yanked by politicians, tying this and every subsequent government to the tyranny of the monthly bill”

https://www.theguardian.com/commentisfree/2026/mar/25/labour-energy-price-crisis-energy-security-reform

“Baumol recognized that this principle extended across the entire economy, beyond farms and opera houses. Some sectors, such as growing corn and making electronics, have become more efficient and productive thanks to new technology, trade, and automation. But other sectors— especially services, such as haircuts, theater performances, and watching toddlers in daycare—still require as much labor as they did before the Industrial Revolution”

https://www.derekthompson.org/p/why-cost-disease-is-the-secret-force

“big publishing houses are generating hits by trawling self-published offerings on Amazon and scooping up anything with sales momentum. They are ever so slightly moving away from being reliable curators of fine writing and great storytelling to acting as distribution outlets for whatever is hot, because it’s hot. To borrow a term that was popular in the telecom world I briefly inhabited, publishers are edging toward becoming dumb pipes, carrying data across a network without adding any value or control over it.

I don’t want to overstate this, because much of what is being published is being published as ever it was, but there’s definite movement in the dumb pipe direction. The big houses are increasingly relying on upstream signals—whether Amazon rankings or TikTok virality or Goodreads buzz—rather than editorial conviction in their acquisitions”

https://shush.substack.com/p/shy-girl-is-a-window-to-the-future