Dan Gay
Dan Gay
@dangay.bsky.social
Political economist who advises on and writes about economics and sustainable development, international trade & the least developed countries. Former UN. Scottish. Likes running, cycling & the outdoors. www.emergenteconomics.com | dangay.substack.com
1.1K followers1.4K following1.9K posts
The economics Nobel is almost entirely dominated by a small group of US universities. Four prize winners out of 101 have come from the global South. Mainstream economics journal articles focus overwhelmingly on the US. This isn't a proper way to do science. dangay.substack.com/p/economics-...
Just when Burnham cuddles up to the EU, it faces the possibility of disintegration. 'if the nationalist right held power in Spain, France, Poland and Italy all at once, “I don’t think it’s hyperbolic to say it’s the end of the European Union as we’ve known it.”' giftarticle.ft.com/giftarticle/...
Northern intlectuals like to proclaim the death of neoliberalism, but it stumbles on in the majority world. “Their extreme focus on deregulation, on lifting subsidies and so on did not take into account the downtrodden.” Syria’s free-market experiment - giftarticle.ft.com/giftarticle/...
It's hard to know where to start with this misleading, depressive response to Burnham's speech by Janan Ganesh in the FT today. The PM didn't say he 'doesn't care' about growth. Because he didn't make it the centre of his speech doesn't mean he thinks it's unimportant. www.ft.com/content/3b92...
It's hard to know where to start with this misleading, depressive response to Burnham's speech by Janan Ganesh in the FT today. The PM didn't say he 'doesn't care' about growth. Because he didn't make it the centre of his speech doesn't mean he thinks it's unimportant. www.ft.com/content/3b92...
It's hard to know where to start with this misleading, depressive response to Burnham's speech by Janan Ganesh in the FT today. The PM didn't say he 'doesn't care' about growth. Because he didn't make it the centre of his speech doesn't mean he thinks it's unimportant. www.ft.com/content/3b92...
It's hard to know where to start with this misleading, depressive response to Burnham's speech by Janan Ganesh in the FT today. The PM didn't say he 'doesn't care' about growth. Because he didn't make it the centre of his speech doesn't mean he thinks it's unimportant. www.ft.com/content/3b92...
@unlearn16.bsky.social am I right or completely deluded?
Worth a listen. The social and political awareness of some contemporary economists contrasts with the physics-envious mathematicians who taught me a few decades ago. Maybe i'm out of touch with academia but it does seem as though things might be improving in some quarters. youtu.be/aNYDMfdD6pg?...
Worth a listen. The social and political awareness of some contemporary economists contrasts with the physics-envious mathematicians who taught me a few decades ago. Maybe i'm out of touch with academia but it does seem as though things might be improving in some quarters. youtu.be/aNYDMfdD6pg?...
The party is supported by France’s billionaires. Never mind the country walking (nothing sleepy about it) toward fascism, unfortunately the rise of the far right sets back the chances of making the super-rich pay their way.
Exactly, and the list of guests dining with Xi is why the risk of a US-China conflict is exaggerated. US-China corporatism shares common cause. The 65 wars currently going on are bigger problems. www.npr.org/2026/06/09/n...
"Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power." – Mussolini www.nytimes.com/2026/09/24/u...
Gabriel Zucman's 'We need to tax billionaires' argues for a minimum 2% tax on the ultra-rich. dangay.substack.com/p/we-need-to...
The LSE's appointment of Rory Stewart as a Professor in the Dept. of International Relations mainstreams someone who's part of the problem, not the solution. Colonial governor in an illegal war; misunderstanding of basic economics; opposition to fair taxation... substack.com/@dangay/note...
My review of Zucman's We Need to Tax Billionaires 👇 dangay.substack.com/p/we-need-to...
Another sage warning from UNCTAD on the growing services trade digital divide. Logistics, finance, design and data management are increasingly built into all production. Least developed countries are falling behind. unctad.org/news/digital...
A simpler public tender system sounds good but is just the sort of industrial policy that the EU criticises in the likes of China. Surely it could also face challenge via WTO Govt Procurement Agreement (even though GPA only has 49 members and doesn't include China)? www.reuters.com/world/china/...
Dan Gay reposted
AI isn't going to result in some godlike super-consciousness that overtakes human intelligence, but machine learning and massive computing power without our understanding and control could unleash enormous damage. Tech leaders call for AI slowdown - giftarticle.ft.com/giftarticle/...
"Like adolescents setting the house on fire just to see how the flames will look.” substack.com/profile/1890...
Dan Gay reposted
This is very good: "The hypnotic powers of Trump and Musk are often a phantasm, losing their pull if people decline to be entranced." Does Silicon Valley dream of Philip K Dick? - giftarticle.ft.com/giftarticle/...
"For the half of humanity living on under $4,000 per year, development is a chief concern," writes Tim Hirschel-Burns in Jacobin, in a decent attempt to link opposition to the genocide in Gaza with the need dor a wider progressive US foreign policy. jacobin.com/2026/07/left...
China’s economy is growing more slowly, according to a report today. Many economists and China critics will wrongly seize on the news as proof that the Chinese model is failing and that the US and EU are doing better in comparison. It isn't, and they're not. substack.com/@dangay/note...
Turns out the US economy isn't trouncing Europe's quite as badly as everyone says it is. "the higher growth of productivity in the US tech sector (and so of US GDP per head) is questionable, not because it is wrong, but because this is a matter of judgment." giftarticle.ft.com/giftarticle/...
How global hegemony fades: "More than half of American ambassadorships were vacant, including high-status posts from Germany to Saudi Arabia... nearly 80 per cent of US embassies [in Africa] do not have an ambassador." giftarticle.ft.com/giftarticle/...
Mohammad Razzaque on the implications of the war on Iran for South Asia. southasianvoices.org/ec-m-bd-n-sa...
Good point about agency: "Exposure to geopolitical shocks is determined not only by dependence on external markets... but also by a country’s capacity to influence the decisions that affect those flows and to defend its economic interests when disruption occurs. southasianvoices.org/ec-m-bd-n-sa...
Amrita Saha and I have just published an article in the Development Policy Review on the implications of the polycrisis for trade and development. Among other things the article argues that trade hasn't worked as well as it should for development. onlinelibrary.wiley.com/doi/10.1111/...
Productive capacity for trade is becoming more and more important, as the emphasis moves away from only market access. And a sense of Southern solidarity seems slowly to be emerging amid the aid cuts and increasing US isolationism. onlinelibrary.wiley.com/doi/10.1111/... (free, open access)
"Our global health foreign assistance programme is not just aid - it is a strategic mechanism to further our bilateral interests around the world." www.bbc.com/news/article...