Economics

May 12 China’s independent refiners cut output in May as losses mount, sources say

May 12 There have been rumors about the UK wanting to return to the European Union, now that it’s already 10 years since Brexit. Do you feel those 10 years of Brexit have done the UK any good?

May 12 A Nobel economist models how AI rots the information environment

May 12 The gas/diesel industry produces about $40B/year in taxes, but also, they consume about this much in the form of subsidies. So why not eliminate these pricing distortions for less bureaucratic inefficiencies and also have more accurate pricing signals?